Laos Trade Profile '21

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products

Lao People’s Democratic Republic Lao People's Democratic Republic GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

19 078 2 607 -5.7 948 36.4

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

101 77 147 121

Imports

120 95 160 134

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b.

Merchandise imports, c.i.f.

Annual percentage change

2020 6 115 5 370

2010-2020 13 10

2020 0.03

Share in world total imports (%)

Share in world total exports (%)

2019 7 -1

2020 5 -14 2020 0.03

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 32.1

Fuels and mining products: 42.8

Agricultural products: 16.6

Fuels and mining products: 15.9

Manufactures: 22.5

Other: 2.6

Manufactures: 60.2

Other: 7.3

By main destination, % (2019)

By main origin, % (2019)

Thailand: 41.4

China: 28.8

Viet Nam: 18.2

Thailand: 50.3

China: 29

Viet Nam: 7.8

European Union: 3.7

Japan: 1.6

Other: 6.4

Japan: 2

European Union: 1.8

Other: 9.1

Agricultural Products Value

Top exported products (Million US$) HS2202 HS0102 HS0803 HS1701 HS0714

2019 .

229 227 194 123 111

Waters containing added sugar Live bovine animals Bananas, including plantains Cane or beet sugar Manioc, arrowroot, salep

Value

Top imported products (Million US$) HS0102 HS2202 HS1701 HS2309 HS0810

2019

Live bovine animals Waters containing added sugar Cane or beet sugar Preparations of a kind used in animal feeding Other fruit, fresh

229 207 88 38 33

Share in economy's trade in agricultural products Exports 0%

10%

Imports 20%

0%

HS2202

HS0102

HS0102

HS2202

HS0803

HS1701

HS1701

HS2309

HS0714

HS0810

10%

20%

30%

Million US$ Exports Imports

Value

2019 1 339 917

Annual percentage change

2010-2019 12 18

2018 -2 16

2019 32 25

Non-Agricultural Products Value

Top exported products (Million US$) HS2716 HS2603 HS7403 HS4001 HS8525

2019

Electrical energy Copper ores and concentrates Refined copper and copper alloys Natural rubber, balata Radio-telephony transmission tools

1 327 589 434 217 212

Value

Top imported products (Million US$) HS2710 HS8544 HS8704 HS8529 HS7308

2019

Petroleum oils, other than crude Insulated electric conductors Motor vehicles for goods transport Parts for 8525-8528 Structures of iron and steel

734 213 203 199 179

Share in economy's trade in non-agricultural products Exports 0%

202

20%

Imports 40%

0%

HS2716

HS2710

HS2603

HS8544

HS7403

HS8704

HS4001

HS8529

HS8525

HS7308

10%

20%

Million US$ Exports Imports

Value

2019 4 470 4 880

Annual percentage change

2010-2019 13 13

2018 24 13

2019 -7 -5

World Trade Organization – Trade Profiles 2021

Lao People’s Democratic Republic TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

346 444 2020 0.01

Share in world total exports (%) Breakdown in economy's total exports

2019

2020

20 0

-71 -64

-3 6

2020 0.01

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2019)

By main services item, % (2019)

Transport: 14.2 Other commercial services: 6.5

Travel: 79.3 Goods-related services: 0

Transport: 11.7 Other commercial services: 6.9

By main destination

Travel: 81.4 Goods-related services: 0

By main origin

Value

FATS sales Inward (million US$) Outward (million US$)

Annual percentage change

2020 na na

2010-2020 na na

2019 na na

2020 na na

Transport Lao People's Dem. Rep.

400

World

300 200 100 0

2010

2013

2016

Value

Million US$ Exports Imports

2019 167 145

Exports By sea (2019) By air (2019) By other (2019)

2020

Transport exports (Index 2010=100)

Value 0 140 27

2010-2019 13 23

Share (%)

Annual percentage change 2018 27 62

Imports By sea (2019) By air (2019) By other (2019)

0.0 83.7 16.3

2019 58 4

Value

Share (%)

1 19 126

0.4 13.2 86.4

Travel 300

Lao People's Dem. Rep.

World

Value

Million US$ Exports Imports

200 100 0

2010

2013

2016

2019 935 1 011

2010-2019 10 20

Annual percentage change 2018 25 8

2019 15 2

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Million US$

Exports of OCS by main item (2019) 2.3 19.5

ICTs 43.6

Insurance & pension

Other commercial services Exports Imports

2019

2010-2019

77 86

Goods-related services Exports Imports

Other

Annual percentage change

5 11

2019

Construction

34.7

Value

2010-2019

0 0

na na

2018

2019

57 8

13 -23

2018

2019

na na

na na

INDUSTRIAL PROPERTY Patent applications, 2018 Residents

1

Non-residents

58

Trademark applications, 2018 Total

59

World Trade Organization – Trade Profiles 2021

Residents

249

Non-residents

3 056

Industrial design applications Total

3 305

Residents

na

Non-residents

na

Total

na

203