Lao PDR Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Country / Region
Year
Lao PDR exports, imports, trade and tariff indicators 2023
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Lao PDR TRADE

2023

Overall Exports and Imports

Annual Trade (2023)
Exports (in US$ Mil)6,042
Imports (in US$ Mil)7,075
Total Trade (in US$ Mil)13,118
Trade Balance (in US$ Mil)-1,033
Monthly Trade (Dec 2023)
Monthly Exports (in US$ 000)530,903
Monthly Imports (in US$ 000)703,643
Total Monthly Trade (in US$ 000)1,234,546
Monthly Trade Balance-172,740

Trade Indicator

HH Market concentration index0.22
Index of export market penetration2.83
World Growth-3.13
Country Growth0.64

Service Indicators

Service imports (BoP, current US$)947,250,935.35
Service exports (BoP, current US$)1,327,343,036.10
Imports of goods and services (% of GDP)...
Exports of goods and services (% of GDP)...

Tariff and Trade Barriers for Lao PDR

Tariffs 2023

No. Of Tariff Agreement 9
Simple Average (%) 2.51
Duty Free Imports (US$ Thousand) 3,634,147.45
Maximum Rate (%) 40
Weighted Average (%) 1.42
Duty Free Tariff Lines Share (%) 60.15

Foreign Direct Investment (FDI) 2024

UNCTAD »
FDI Inward Stock (in US$ Mil)15,393
FDI Inward Flow (in US$ Mil)988
FDI Outward Stock (in US$ Mil)95
FDI Outward Flow (in US$ Mil)...

Non-Tariff Measures (NTM) 2015

No Of NTM Measures (2023)50
No Of NTM Affected Products (HS 6 Digit) (2023)5,205

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

World Development Indicators (WDI)

2023 WDI »
Population7,061,507
GDP (current US$ Mil)15,843
GNI per capita, Atlas method (current US$)2,110.00
Trade Balance (current US$ Mil)...
Trade Balance (% of GDP)...

Global Value Chain (GVC)

2022 GVC »
GVC Related Output as Percent of Output4.50
GVC Related Trade Percentage Gross Trade41