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Lao PDR Trade Summary

2014

Lao PDR exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR LAO PDR 2014

Overall Exports and Imports for Lao PDR 2014

Exports and imports of Lao PDR in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,572 million.
  • The total value of imports (CIF) was 4,452 million.
  • At the HS6 digit level, 825 products were exported to 78 countries and 2,867 products were imported from 65 countries.

Lao PDR top 5 Export and Import partners 2014

Top five countries to which Lao PDR exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Lao PDR exports to Thailand worth US$ 917 million, with a partner share of 35.64 percent.
  2. Lao PDR exports to China worth US$ 705 million, with a partner share of 27.42 percent.
  3. Lao PDR exports to Vietnam worth US$ 434 million, with a partner share of 16.86 percent.
  4. Lao PDR exports to Australia worth US$ 104 million, with a partner share of 4.03 percent.
  5. Lao PDR exports to Germany worth US$ 72 million, with a partner share of 2.78 percent.

Top five countries from which Lao PDR imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Lao PDR imports from Thailand worth US$ 3,033 million, with a partner share of 68.11 percent.
  2. Lao PDR imports from China worth US$ 576 million, with a partner share of 12.93 percent.
  3. Lao PDR imports from Vietnam worth US$ 411 million, with a partner share of 9.23 percent.
  4. Lao PDR imports from Japan worth US$ 91 million, with a partner share of 2.03 percent.
  5. Lao PDR imports from Korea, Rep. worth US$ 80 million, with a partner share of 1.80 percent.

Lao PDR Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Lao PDR along with trade value are:

  1. Lao PDR exported Copper cathodes and sections of cathodes unwrou , worth US$ 614,932.29 million.
  2. Lao PDR exported Copper ores and concentrates , worth US$ 501,053.71 million.
  3. Lao PDR exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 138,012.39 million.
  4. Lao PDR exported Video recording or reproducing apparatus magnet , worth US$ 121,842.51 million.
  5. Lao PDR exported Other non-alcoholic beverages, nes , worth US$ 105,623.42 million.

The top five imported HS 6 digit level products from world by Lao PDR along with trade value are

  1. Lao PDR imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 652,305.98 million.
  2. Lao PDR imported Parts suitable for use solely or princ with the , worth US$ 216,902.13 million.
  3. Lao PDR imported Parts of turbo-jets or turbo-propellers , worth US$ 119,688.89 million.
  4. Lao PDR imported Equipment for scaffolding, shuttering, propping , worth US$ 117,379.09 million.
  5. Lao PDR imported Portland cement (excl. white) , worth US$ 86,171.82 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Lao PDR in 2014 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 4.01 percent.
  • The trade weighted average tariff was 3.38 .
  • The total duty free imports in thousands of US dollars were 2,092,396.67 and duty free tariff line items share was 35.95 percent.

Development Indicators 2014

Key Development Indicators of Lao PDR in 2014 are below

  • Lao PDR GDP in current US dollar was 13,279 million.
  • GNI per capita, Atlas method (current US$) was 1,810.00 .
  • Lao PDR Trade balance: as % of GDP was -17.55.
  • Trade balance in current US$ was -2,331.00 million.
  • Trade as percentage of GDP was 99.06 .
  • Trade in services as percentage of GDP was 14.42 .

Trade Indicators 2014

Trade Indicators for Lao PDR in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.26.
  • Index of export market penetration was 2.12.
  • World Growth in percentage was 0.23 and Lao PDR Country Growth was 9.09 .