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Lao PDR Trade Summary

2016

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 2016

Overall Exports and Imports for Lao PDR 2016

Exports and imports of Lao PDR in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,124 million.
  • The total value of imports (CIF) was 4,107 million.
  • At the HS6 digit level, 763 products were exported to 75 countries and 2,949 products were imported from 74 countries.

Lao PDR top 5 Export and Import partners 2016

Top five countries to which Lao PDR exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Lao PDR exports to China worth US$ 1,128 million, with a partner share of 36.12 percent.
  2. Lao PDR exports to Thailand worth US$ 977 million, with a partner share of 31.29 percent.
  3. Lao PDR exports to Vietnam worth US$ 538 million, with a partner share of 17.22 percent.
  4. Lao PDR exports to India worth US$ 87 million, with a partner share of 2.80 percent.
  5. Lao PDR exports to Japan worth US$ 58 million, with a partner share of 1.85 percent.

Top five countries from which Lao PDR imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Lao PDR imports from Thailand worth US$ 2,541 million, with a partner share of 61.88 percent.
  2. Lao PDR imports from China worth US$ 749 million, with a partner share of 18.24 percent.
  3. Lao PDR imports from Vietnam worth US$ 413 million, with a partner share of 10.06 percent.
  4. Lao PDR imports from Japan worth US$ 89 million, with a partner share of 2.16 percent.
  5. Lao PDR imports from Korea, Rep. worth US$ 80 million, with a partner share of 1.96 percent.

Lao PDR Top 5 Productsexports imports at HS 6 digit level 2016

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

  1. Lao PDR exported Copper ores and concentrates , worth 727,999.98 (US$ Thousands).
  2. Lao PDR exported Copper cathodes and sections of cathodes unwrou , worth 368,949.31 (US$ Thousands).
  3. Lao PDR exported Bananas, including plantains, fresh or dried , worth 197,813.53 (US$ Thousands).
  4. Lao PDR exported Video recording or reproducing apparatus magnet , worth 168,098.45 (US$ Thousands).
  5. Lao PDR exported Other non-alcoholic beverages, nes , worth 151,532.89 (US$ Thousands).

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 541,226.10 (US$ Thousands).
  2. Lao PDR imported Parts suitable for use solely or princ with the , worth 210,487.06 (US$ Thousands).
  3. Lao PDR imported Automobiles with diesel engine displacing more , worth 177,905.62 (US$ Thousands).
  4. Lao PDR imported Other non-alcoholic beverages, nes , worth 175,667.20 (US$ Thousands).
  5. Lao PDR imported Automobiles with diesel engine displacing more , worth 113,734.86 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Lao PDR in 2016 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 2.03 percent.
  • The trade weighted average tariff was 1.65 .
  • The total duty free imports in thousands of US dollars were 2,593,105.81 and duty free tariff line items share was 67.60 percent.

Development Indicators 2016

Key Development Indicators of Lao PDR in 2016 are below

  • Lao PDR GDP in current US dollar was 15,912 million.
  • GNI per capita, Atlas method (current US$) was 2,110.00 .
  • Lao PDR Trade balance: as % of GDP was -8.67.
  • Trade balance in current US$ was -1,380.00 million.
  • Trade as percentage of GDP was 75.09 .
  • Trade in services as percentage of GDP was 11.67 .

Trade Indicators 2016

Trade Indicators for Lao PDR in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.28.
  • Index of export market penetration was 2.24.
  • World Growth in percentage was -1.35 and Lao PDR Country Growth was 1.59 .