Petroleum is Vietnam's largest export item to Laos.

Which Vietnamese product exported the most to Laos in January 2024? Vietnam earned more than 532 million USD from petroleum exports

According to the General Department of Customs, in the first 6 months of 2024, Vietnam - Laos trade increased by 11% over the same period last year, reaching 927 million USD, of which Vietnam had a trade deficit of 349 million USD.

Vietnam exported goods to Laos for 289 million USD, up 7.4% over the same period last year. Vietnam exported 19 main items to Laos. Petroleum was the item with the highest turnover at 42 million USD, up 40% over the same period last year; followed by iron and steel products with 23.1 million USD, up 9.4% over the same period last year; machinery, equipment, tools, and other spare parts ranked third with a value of 21.9 million USD, up 3.3% over the same period last year.

Xăng dầu là mặt hàng xuất khẩu lớn nhất của Việt Nam sang Lào

Petroleum is Vietnam's largest export item to Laos.

In addition to the above two items, to the Lao market, Vietnam also exported means of transport and spare parts with 19.8 million USD, up 13.7% over the same period last year; iron and steel with 15.9 million USD, down 31.4% over the same period last year; animal feed and raw materials with 12.2 million USD, up 17.3% over the same period last year; fertilizer with 11.8 million USD, up 14.5% over the same period last year.

In the agricultural sector, Vietnam also exported fruits and vegetables to Laos with a turnover of 7.9 million USD. Specifically, in the first half of 2024, Vietnam exported 76 tons of coffee to Laos, reaching a turnover of 403,883 USD, up 49% in volume and 42% in value over the same period. The export price of coffee to Laos decreased by 4.8%, from 5,585 USD/ton in the same period last year to 5,314 USD/ton in the first half of 2024.

In the group of raw materials, Vietnam also exported chemical products to Laos with 3.8 million USD, up 72% over the same period last year; plastic products with 9.8 million USD, up 27% over the same period last year; paper and paper products with 5.6 million USD, down 21% over the same period last year; wood and wood products with 4.5 million USD, up 350% over the same period last year...

Vietnam spent 638 million USD to import goods from Laos in the first 6 months of 2024, an increase of 12.8% over the same period last year.

Vietnam imported 8 main items from Laos. Of which, Vietnam imported 74,339 tons of rubber with a value of 95.7 million USD, up 22% over the same period last year in terms of turnover; imported 1.16 million tons of coal with 75.5 million USD, down 25% over the same period last year in terms of value.

In addition, Vietnam also spent 53 million USD to import wood and wood products, down 3.4% over the same period last year; fertilizers with 45 million USD, up 6% over the same period last year; ores and other minerals with 42 million USD, up 34% over the same period last year.

In the agricultural products group, Vietnam spent 18.6 million USD to import 74,589 tons of corn, down 11.8% year-on-year in value; spent 1.8 million USD to import fruits and vegetables.

Source: https://congthuong.vn/xang-dau-la-mat-hang-xuat-khau-lon-nhat-cua-viet-nam-sang-lao-331492.html