Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services
Trade Profiles 2022
Lao People’s Democratic Republic
Lao People's Democratic Republic
MERCHANDISE TRADE
Agricultural Products
Non-Agricultural Products
GDP (million current US$, 2021) 18 552 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 2 560 Merchandise 103 124 Current account balance (% GDP, 2021) -5.0 excluding intra-EU trade 79 98 Trade per capita (US$, 2019-2021) 945 Commercial services 172 172 Trade (% GDP, 2019-2021) 36.9 excluding intra-EU trade 146 146 Value Million US$ 2021 7 695 6 275 2021 2021 0.03 0.03 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2020 Top imported products (Million US$) 2020 HS0102 Live bovine animals 250 HS0102 Live bovine animals 257 HS0803 Bananas, including plantains 227 HS2202 Waters containing added sugar 220 HS2202 Waters containing added sugar 213 HS0103 Live swine 58 HS0714 Manioc, arrowroot, salep 210 HS2309 Preparations of a kind used in animal feeding 53 HS0901 Coffee 86 HS1701 Cane or beet sugar 41 Share in economy's trade in agricultural products Value Million US$ 2020 2010-2020 2019 2020 Exports 1 454 12 32 9 Imports 964 16 25 5 Value Value Top exported products (Million US$) 2020 Top imported products (Million US$) 2020 HS2716 Electrical energy 831 HS2710 Petroleum oils, other than crude 507 HS7108 Gold 457 HS8704 Motor vehicles for goods transport 148 HS2603 Copper ores and concentrates 437 HS8544 Insulated electric conductors 137 HS4001 Natural rubber, balata 215 HS8529 Parts for 8525-8528 130 HS7403 Refined copper and copper alloys 205 HS8703 Motor cars for transport of persons 109 Share in economy's trade in non-agricultural products Value Million US$ 2020 2010-2020 2019 2020 Exports 3 632 10 -7 -19 Imports 4 050 10 -5 -17 By main commodity group, % (2020) By main destination, % (2020) By main origin, % (2020) Annual percentage change Annual percentage change
Merchandise exports, f.o.b. 14 5 26 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 11 -14 17 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 10% 20% 30% HS2716 HS7108 HS2603 HS4001 HS7403 Exports 0% 5% 10% 15% HS2710 HS8704 HS8544 HS8529 HS8703 Imports 0% 10% 20% 30% HS0102 HS2202 HS0103 HS2309 HS1701 Imports 0% 10% 20% HS0102 HS0803 HS2202 HS0714 HS0901 Exports Agricultural products: 34.1 Fuels and mining products: 41.6 Manufactures: 17 Other: 7.2 Agricultural products: 17.6 Fuels and mining products: 14.3 Manufactures: 62.1 Other: 6 Thailand: 34.7 China: 28.8 Viet Nam: 19.6 European Union: 4.6 India: 2.1 Other: 10.1 Thailand: 49.6 China: 25.8 Viet Nam: 8 Japan: 3.5 United States of America: 2.5 Other: 10.6
202 World Trade Organization – Trade Profiles 2022
Lao People’s Democratic Republic
TRADE IN COMMERCIAL SERVICES
Value Million US$ 2021 125 252 2021 2021 0.00 0.00 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2020 Exports 80 Imports 117 Exports Value Imports Value Share (%) By sea (2020) 0 By sea (2020) 1 1.1 By air (2020) 54 By air (2020) 13 11.3 By other (2020) 24 By other (2020) 101 86.9 Value Million US$ 2020 Exports 213 Imports 251 Million US$ Value 2020 Other commercial services Exports 53 Imports 77 2020 Goods-related services Exports 0 Imports 0 Residents Total Residents Total Residents Total 1 58 59 389 1 663 2 052 na 36 36 Travel exports (Index 2010=100) na na 2019 Travel 2020 2010-2020 Transport exports (Index 2010=100) -52 18 4 -20 Annual percentage change Share (%) 0.0 67.6 30.4 na na -64 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2020) By main origin -71 -64 0 2010-2021 2020 -43 Commercial services exports Commercial services imports -12 2021
By main services item, % (2020) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2020 2019 2020 4 58 -6 2 15 -77 2 -75 INDUSTRIAL PROPERTY na na na -10 -23 9 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2019 13 -31 Annual percentage change 2010-2020 2020 2010-2020 2019 2020 na na 0 Exports of OCS by main item (2020) Patent applications, 2018 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 300 2010 2014 2018 2021 Lao People's Dem. Rep. World 0 100 200 300 400 2010 2014 2018 2021 Lao People's Dem. Rep. World Transport: 23.1 Travel: 61.7 Other commercial services: 15.2 Goods-related services: 0 Transport: 26.3 Travel: 56.5 Other commercial services: 17.2 Goods-related services: 0 70.9 12.9 12.8 3.3 ICTs Construction Insurance & pension Other
203 World Trade Organization – Trade Profiles 2022