Laos recorded a trade surplus of 20.37 USD Million in the third quarter of 2019.
Balance of Trade in Laos averaged -173.54 USD Million from 2004 until 2019, reaching an all time high of 41.50 USD Million in the first quarter of 2012 and a record low of -734.71 USD Million in the first quarter of 2015. 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 July of 2020.
Balance of Trade in Laos is expected to be -437.00 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 2021, according to our econometric models.