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Lao PDR Trade Summary

2021

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 2021

Overall Exports and Imports for Lao PDR 2021

Exports and imports of Lao PDR in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,165 million.
  • The total value of imports (CIF) was 5,871 million.
  • At the HS6 digit level, 1,053 products were exported to 95 countries and 3,213 products were imported from 117 countries.

Lao PDR top 5 Export and Import partners 2021

Top five countries to which Lao PDR exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Lao PDR exports to Thailand worth US$ 2,306 million, with a partner share of 32.19 percent.
  2. Lao PDR exports to China worth US$ 2,248 million, with a partner share of 31.38 percent.
  3. Lao PDR exports to Vietnam worth US$ 1,252 million, with a partner share of 17.48 percent.
  4. Lao PDR exports to Australia worth US$ 348 million, with a partner share of 4.86 percent.
  5. Lao PDR exports to Cambodia worth US$ 129 million, with a partner share of 1.81 percent.

Top five countries from which Lao PDR imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Lao PDR imports from Thailand worth US$ 2,744 million, with a partner share of 46.74 percent.
  2. Lao PDR imports from China worth US$ 1,329 million, with a partner share of 22.64 percent.
  3. Lao PDR imports from Vietnam worth US$ 466 million, with a partner share of 7.93 percent.
  4. Lao PDR imports from United States worth US$ 266 million, with a partner share of 4.53 percent.
  5. Lao PDR imports from Switzerland worth US$ 261 million, with a partner share of 4.45 percent.

Lao PDR Top 5 Productsexports imports at HS 6 digit level 2021

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$ 1,633,068.78 million.
  2. Lao PDR exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 961,628.25 million.
  3. Lao PDR exported Copper ores and concentrates , worth US$ 330,956.39 million.
  4. Lao PDR exported Paper and paperboard, in rolls or sheets, weigh , worth US$ 288,340.27 million.
  5. Lao PDR exported Chemical wood pulp, dissolving grades , worth US$ 269,775.82 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$ 653,028.35 million.
  2. Lao PDR imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 267,288.50 million.
  3. Lao PDR imported Other non-alcoholic beverages, nes , worth US$ 223,568.16 million.
  4. Lao PDR imported Waste and scrap of unbleached kraft paper, pape , worth US$ 217,057.17 million.
  5. Lao PDR imported Live bovine animals, other than pure-bred breed , worth US$ 207,975.29 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Lao PDR in 2021 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 2.49 percent.
  • The trade weighted average tariff was 1.12 .
  • The total duty free imports in thousands of US dollars were 3,539,341.56 and duty free tariff line items share was 61.83 percent.

Development Indicators 2021

Key Development Indicators of Lao PDR in 2021 are below

  • Lao PDR GDP in current US dollar was 18,827 million.
  • GNI per capita, Atlas method (current US$) was 2,510.00 .
  • Lao PDR Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 2.00 .

Trade Indicators 2021

Trade Indicators for Lao PDR in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.25.
  • Index of export market penetration was 2.68.
  • World Growth in percentage was 12.59 and Lao PDR Country Growth was 12.76 .