Illustrative image. (Photo: VNA) Vientiane (VNA) - Bilateral trade between Vietnam and Laos reached 99.2 million USDin January, a year-on-year decrease of 27.3%.
Vietnamese shipments to Laos were valued at 27.8 millionUSD, down 35% from a year ago, while its imports from Laos reached 71.4 millionUSD, a year-on-year decline of 23.8%.
Major exports included vegetables and fruits with 1.94 million USD and petroleum products of all kinds 3 million USD, representing respective increases of 242.2% and 24.9% against thecorresponding period last year.
Its main imports fromLaos were corn, rubber, wood and wood products and fertilisers of alltypes.
Two-way trade revenue between Vietnam and Laos in 2022 grew24% year-on-year to reach some 1.7 billion USD.
Vietnamexported 656 million USD worth of goods to the neighboring country in 2022, upover 10%. The included mainly oil and gas, fertilizers, steel, machinery and accessories,and means of transport. Meanwhile,Vietnam’s imports were valued at over 1 billion USD, a year-on-year rise of35%, with main items including wood and wood products, fertilisers, rubber andcorn.
InDecember alone, the two-way trade stood at 211 million USD, up 60% from a yearearlier./.
