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Lao PDR Trade Summary

2019

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 2019

Overall Exports and Imports for Lao PDR 2019

Exports and imports of Lao PDR in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,809 million.
  • The total value of imports (CIF) was 5,797 million.
  • At the HS6 digit level, 1,038 products were exported to 87 countries and 3,231 products were imported from 120 countries.

Lao PDR top 5 Export and Import partners 2019

Top five countries to which Lao PDR exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Lao PDR exports to Thailand worth US$ 2,407 million, with a partner share of 41.43 percent.
  2. Lao PDR exports to China worth US$ 1,672 million, with a partner share of 28.79 percent.
  3. Lao PDR exports to Vietnam worth US$ 1,055 million, with a partner share of 18.16 percent.
  4. Lao PDR exports to Japan worth US$ 94 million, with a partner share of 1.61 percent.
  5. Lao PDR exports to India worth US$ 91 million, with a partner share of 1.56 percent.

Top five countries from which Lao PDR imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Lao PDR imports from Thailand worth US$ 2,916 million, with a partner share of 50.31 percent.
  2. Lao PDR imports from China worth US$ 1,681 million, with a partner share of 29.00 percent.
  3. Lao PDR imports from Vietnam worth US$ 451 million, with a partner share of 7.79 percent.
  4. Lao PDR imports from Japan worth US$ 118 million, with a partner share of 2.04 percent.
  5. Lao PDR imports from Singapore worth US$ 88 million, with a partner share of 1.52 percent.

Lao PDR Top 5 Productsexports imports at HS 6 digit level 2019

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

  1. Lao PDR exported Electrical energy , worth US$ 1,326,855.28 million.
  2. Lao PDR exported Copper ores and concentrates , worth US$ 589,377.19 million.
  3. Lao PDR exported Copper cathodes and sections of cathodes unwrou , worth US$ 432,939.62 million.
  4. Lao PDR exported Live bovine animals, other than pure-bred breed , worth US$ 226,679.20 million.
  5. Lao PDR exported Other non-alcoholic beverages, nes , worth US$ 220,343.23 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$ 734,190.41 million.
  2. Lao PDR imported Live bovine animals, other than pure-bred breed , worth US$ 228,870.11 million.
  3. Lao PDR imported Other non-alcoholic beverages, nes , worth US$ 203,760.41 million.
  4. Lao PDR imported Parts suitable for use solely or princ with the , worth US$ 197,804.08 million.
  5. Lao PDR imported Diesel powered trucks with a GVW not exceeding , worth US$ 150,364.76 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Lao PDR in 2019 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 2.72 percent.
  • The trade weighted average tariff was 0.76 .
  • The total duty free imports in thousands of US dollars were 4,061,979.45 and duty free tariff line items share was 60.37 percent.

Development Indicators 2019

Key Development Indicators of Lao PDR in 2019 are below

  • Lao PDR GDP in current US dollar was 18,246 million.
  • GNI per capita, Atlas method (current US$) was 2,490.00 .
  • Lao PDR Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 13.29 .

Trade Indicators 2019

Trade Indicators for Lao PDR in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.28.
  • Index of export market penetration was 2.47.
  • World Growth in percentage was -1.13 and Lao PDR Country Growth was 3.72 .