Laos recorded a trade surplus of 312.66 USD Million in the third quarter of 2020. source: Bank of the Lao PDR
Balance of Trade in Laos averaged -156.24 USD Million from 2004 until 2020, reaching an all time high of 312.66 USD Million in the third quarter of 2020 and a record low of -630.13 USD Million in the second quarter of 2014. This page provides the latest reported value for - Laos Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos Balance of Trade - values, historical data and charts - was last updated on January of 2021.
Balance of Trade in Laos is expected to be -361.70 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Laos to stand at -361.70 in 12 months time. In the long-term, the Laos Balance of Trade is projected to trend around -361.70 USD Million in 2022, according to our econometric models.