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Laos: Trade Statistics

Exporter Rank

85 / 127

Importer Rank

96 / 127

Trade Balance Rank

41 / 127

Total Trade [1]

Total Exports (2019) $5,809,346,160
Total Imports (2019) $5,797,444,591
Trade Balance (2019) $11,901,569
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 $2,406,848,898
China $1,672,284,906
Vietnam $1,054,899,676
Japan $93,567,314
India $90,607,646
Germany $81,772,417
Hong Kong $58,690,406
Switzerland $58,104,753
United States $29,526,978
Italy $24,972,698

Import Partners

Top 10 Import Countries

Country Import USD$
Thailand $2,916,472,773
China $1,681,037,813
Vietnam $451,468,497
Japan $118,205,705
Singapore $87,953,978
United States $78,022,522
South Korea $71,392,509
Australia $52,383,692
United Kingdom $35,728,033
India $34,662,515

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $1,347,348,539
(26) Ores $654,105,478
(74) Copper $434,797,798
(85) Electrical Machinery $403,658,014
(47) Wood Pulp $286,452,715
(08) Fruit & Nuts $283,919,913
(22) Beverages $250,475,901
(01) Live Animals $229,299,281
(71) Precious Stones & Metals $223,035,482
(40) Rubber $218,701,284

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $935,412,408
(85) Electrical Machinery $787,569,560
(87) Motor Vehicles & Parts $522,462,785
(84) Industrial Machinery $517,881,393
(73) Iron & Steel Articles $369,946,189
(72) Iron & Steel $275,462,522
(22) Beverages $245,774,043
(01) Live Animals $235,002,883
(39) Plastics $175,066,318
(17) Sugar & Confectionery $90,065,346

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/31/2021
Laos