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| Viet Nam exported US$329 million worth of goods to Laos.—File Photo |
HA NOI (Biz Hub)— Viet Nam experienced a significant trade deficit with Laos over the past nine months, according to the Viet Nam Customs.
During the period, Viet Nam exported US$329 million worth of goods to Laos, up 12.3 per cent year-on-year, while it spent $394.6 million on imports, up 10.3 per cent.
Wood and timber products, and metals and minerals were the two key groups of import items, valued at $246.7 million and $18.5 million, respectively.
Despite the encouraging export growth, the market share of the Vietnamese products in Laos remained low.— VNS