Laos
ECON COMPLEXITY (2018)
-1.16
RANK 116 OF 137
PRODUCT EXPORTS (2018)
$5.09B
RANK 112 OF 222
EXPORTS PER CAPITA (2018)
$720
RANK 92 OF 219
PRODUCT IMPORTS (2018)
$6.17B
RANK 120 OF 221
IMPORTS PER CAPITA (2018)
$873
RANK 93 of 219
SERVICE EXPORTS (2018)
$921M
RANK 69 OF 88
SERVICE IMPORTS (2018)
$1.15B
RANK 69 OF 88
GDP (2018)
$18B
CURRENT US$
RANK 117 OF 196
GDP GROWTH (2008-2018)
230%
CURRENT US$
RANK 2 OF 196
GDP PC (2018)
$2,542
CURRENT US$
RANK 143 OF 196
GDP PC GROWTH (2008-2018)
182%
CURRENT US$
RANK 2 OF 196
Overview: This page contains the latest international trade data for Laos, including service trade data, and tariffs. In 2018 Laos was the number 117 economy in the world in terms of GDP (current US$), the number 112 in total exports, the number 120 in total imports, and the number 116 most complex economy according to the Economic Complexity Index (ECI). In 2018, Laos exported $5.09B and imported $6.17B, resulting in a negative trade balance of -$1.08B. In 2018, Laos’s exports per capita were $720 and its imports per capita were $873.
Trade: The top exports of Laos are Electricity ($1.41B), Copper Ore($577M), Refined Copper ($500M), Video Displays ($262M), and Broadcasting Accessories ($256M). The top imports of Laos are Refined Petroleum ($864M), Cars ($288M), Broadcasting Equipment ($178M), Bovine ($166M), and Delivery Trucks ($125M).
Destinations: Laos exports mostly to Thailand ($2.6B), China ($1.61B), Japan ($153M), United States ($140M), and Germany ($108M), and imports mostly from Thailand ($4.12B), China ($1.39B), Japan ($127M), South Korea ($83.9M), and Russia ($53M).
Location: Laos borders Burma, Cambodia, China, Thailand, and Vietnam by land.
Exports
In 2018 Laos exported a total of $5.09B, making it the number 112 exporter in the world. During the last five reported years the exports of Laos have changed by $1.36B from $3.72B in 2013 to $5.09B in 2018.
The most recent exports are led by Electricity ($1.41B), Copper Ore ($577M), Refined Copper ($500M), Video Displays ($262M), and Broadcasting Accessories ($256M).
Imports
In 2018 Laos imported $6.17B, making it the number 120 trade destination in the world. During the last five reported years the imports of Laos changed by -$501M from $6.67B in 2013 to $6.17B in 2018.
The most recent imports of Laos are led by Refined Petroleum ($864M), Cars ($288M), Broadcasting Equipment ($178M), Bovine ($166M), and Delivery Trucks ($125M).
Trade Balance
As of 2018 Laos had a positive trade balance of $101M in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $304M in net imports.
Destinations
The most common destination for the exports of Laos are Thailand ($2.6B), China ($1.61B), Japan ($153M), United States ($140M), and Germany ($108M).
Origins
The most common import partners for Laos are Thailand ($4.12B), China ($1.39B), Japan ($127M), South Korea ($83.9M), and Russia ($53M).