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Lao PDR Trade Summary

2020

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 2020

Overall Exports and Imports for Lao PDR 2020

Exports and imports of Lao PDR in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,087 million.
  • The total value of imports (CIF) was 5,014 million.
  • At the HS6 digit level, 988 products were exported to 87 countries and 3,296 products were imported from 127 countries.

Lao PDR top 5 Export and Import partners 2020

Top five countries to which Lao PDR exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Lao PDR exports to Thailand worth US$ 1,765 million, with a partner share of 34.70 percent.
  2. Lao PDR exports to China worth US$ 1,466 million, with a partner share of 28.82 percent.
  3. Lao PDR exports to Vietnam worth US$ 999 million, with a partner share of 19.63 percent.
  4. Lao PDR exports to India worth US$ 109 million, with a partner share of 2.14 percent.
  5. Lao PDR exports to Australia worth US$ 89 million, with a partner share of 1.74 percent.

Top five countries from which Lao PDR imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Lao PDR imports from Thailand worth US$ 2,486 million, with a partner share of 49.59 percent.
  2. Lao PDR imports from China worth US$ 1,295 million, with a partner share of 25.83 percent.
  3. Lao PDR imports from Vietnam worth US$ 402 million, with a partner share of 8.02 percent.
  4. Lao PDR imports from Japan worth US$ 177 million, with a partner share of 3.53 percent.
  5. Lao PDR imports from United States worth US$ 124 million, with a partner share of 2.46 percent.

Lao PDR Top 5 Productsexports imports at HS 6 digit level 2020

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 830,910.34 (US$ Thousands).
  2. Lao PDR exported Gold in oth semi-manufactured forms,non-monetar , worth 457,006.27 (US$ Thousands).
  3. Lao PDR exported Copper ores and concentrates , worth 436,699.91 (US$ Thousands).
  4. Lao PDR exported Live bovine animals, other than pure-bred breed , worth 250,114.33 (US$ Thousands).
  5. Lao PDR exported Bananas, including plantains, fresh or dried , worth 227,439.08 (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 506,858.37 (US$ Thousands).
  2. Lao PDR imported Live bovine animals, other than pure-bred breed , worth 256,976.39 (US$ Thousands).
  3. Lao PDR imported Other non-alcoholic beverages, nes , worth 216,896.16 (US$ Thousands).
  4. Lao PDR imported Parts suitable for use solely or princ with the , worth 129,613.58 (US$ Thousands).
  5. Lao PDR imported Diesel powered trucks with a GVW not exceeding , worth 112,232.30 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Lao PDR in 2020 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 0.97 .
  • The total duty free imports in thousands of US dollars were 4,024,274.21 and duty free tariff line items share was 59.88 percent.

Development Indicators 2020

Key Development Indicators of Lao PDR in 2020 are below

  • Lao PDR GDP in current US dollar was 18,982 million.
  • GNI per capita, Atlas method (current US$) was 2,470.00 .
  • Lao PDR Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 4.17 .

Trade Indicators 2020

Trade Indicators for Lao PDR in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.29.
  • Index of export market penetration was 2.49.
  • World Growth in percentage was -3.77 and Lao PDR Country Growth was 5.96 .