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Laos: Trade Statistics

Exporter Rank

88 / 138

Importer Rank

106 / 138

Trade Balance Rank

38 / 138

Total Trade [1]

Total Exports (2021) $7,164,605,459
Total Imports (2021) $5,871,286,079
Trade Balance (2021) $1,293,319,380
Exports of goods and services (% of GDP) (2017) [2] 34.34%
Imports of goods and services (% of GDP) (2017) [2] 41.49%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Thailand $2,306,297,823
China $2,247,965,999
Vietnam $1,252,250,216
Australia $348,461,861
Cambodia $129,430,063
Switzerland $115,936,835
Singapore $91,958,105
Hong Kong $88,310,825
Japan $82,878,422
Germany $77,844,196

Import Partners

Top 10 Import Countries

Country Import USD$
Thailand $2,744,162,851
China $1,329,295,726
Vietnam $465,778,241
United States $266,057,768
Switzerland $261,291,388
Japan $174,485,901
Australia $99,822,943
Singapore $64,542,740
South Korea $62,660,364
India $40,409,220

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $1,646,692,463
(71) Precious Stones & Metals $980,588,434
(26) Ores $632,366,470
(48) Paper $528,933,385
(07) Vegetables $322,259,011
(08) Fruit & Nuts $309,152,655
(47) Wood Pulp $297,159,228
(40) Rubber $287,775,608
(85) Electrical Machinery $270,925,629
(01) Live Animals $256,567,954

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $845,565,809
(87) Motor Vehicles & Parts $606,223,125
(85) Electrical Machinery $503,866,922
(84) Industrial Machinery $489,943,178
(71) Precious Stones & Metals $282,043,775
(01) Live Animals $259,577,957
(22) Beverages $250,855,294
(47) Wood Pulp $242,198,081
(39) Plastics $188,595,804
(73) Iron & Steel Articles $182,005,749

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 2/18/2023
Laos