Laos records first trade surplus of US$48mil for 2023

The sales of cassava decreased from US$89 million in January to US$85 million in February, but it is still among the top exports.

VIENTIANE (Vientiane Times/Asia News Network): Laos registered the first ever trade surplus of 2023 in February, when exports were worth US$505 million and imports were worth US$457 million.

Total two-way trade for the month stood at US$962 million and the surplus was US$48 million, according to the latest figures unveiled on March 16 by the Lao Trade Portal under the Ministry of Industry and Commerce.