Vietnam – Laos trade exchange slowed down in 2016
Monday, February 27,2017
AsemconnectVietnam - Last year, Vietnam got US$ 132.7 million of trade surplus with Laos.
The bilateral trade exchange between Vietnam and Laos reached US$ 823.4 million last year, down by 26.6 per cent compared with 2015, showed the preliminary statistics figures of the General Department of Customs.
Iron and steel was leading the list of items exported by the country to Laos in 2016 with the export turnover of US$ 76 million, down by 35.47 per cent year – on – year and accounted for 15.9 per cent of the total. Petroleum ranked second with $ 61.5 million, down by 8.79 per cent.
Main items exported by Vietnam to Laos in 2016 - Unit: US$ - source: the General Department of Customs
|
Item
|
2016
|
2016 vs. 2015 (%)
|
|
Total
|
478,075,033
|
-10.59
|
|
Iron and steel of all kinds
|
76,021,949
|
-35.47
|
|
Petroleum of all kinds
|
61,562,435
|
-8.79
|
|
Means of transport and spare parts
|
50,540,657
|
1.34
|
|
Machines, equipment and spare parts
|
30,018,418
|
-2.04
|
|
Iron and steel products
|
28,069,231
|
2.12
|
|
Cement and clinker
|
15,769,180
|
-45.49
|
|
Plastic products
|
10,340,671
|
-22.11
|
|
Fertilizer of all kinds
|
9,324,200
|
29.55
|
|
Confectionery and products
|
9,245,785
|
19.28
|
|
Electric wires and cables
|
8,463,106
|
-18.02
|
|
Textiles and garments
|
7,876,760
|
12.91
|
|
Fruit and vegetables
|
5,949,915
|
-15.91
|
|
Other ordinary metals and products
|
5,672,566
|
67.71
|
|
Ceramic and porcelain products
|
5,425,907
|
-12.84
|
|
Paper and products
|
4,774,663
|
15.95
|
|
Coal
|
1,180,338
|
-85.96
|
|
Non-wooden furniture
|
1,114,583
|
-6.15
|
The main items imported by the country from Laos were wood and furniture - $ 79.3 million; fertilizer - $ 38.8 million; ores and minerals - $ 32.9 million.
CK
Source: VITIC/ TTXVN
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