Lao People’s Democratic Republic
Lao People's Democratic Republic
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$, 2019-2021) 945 Commercial services 172 172
Trade (% GDP, 2019-2021) 36.9 excluding intra-EU trade 146 146
MERCHANDISE TRADE
Value Annual percentage change
Million US$ 2021 2010-2021 2020 2021
Merchandise exports, f.o.b. 7 695 14 5 26
Merchandise imports, c.i.f. 6 275 11 -14 17
2021 2021
Share in world total exports (%) 0.03 Share in world total imports (%) 0.03
Breakdown in economy's total exports Breakdown in economy's total imports
By main commodity group, % (2020) By main commodity group, % (2020)
Agricultural products: 34.1 Fuels and mining products: 41.6 Agricultural products: 17.6 Fuels and mining products: 14.3
Manufactures: 17 Other: 7.2 Manufactures: 62.1 Other: 6
By main destination, % (2020) By main origin, % (2020)
Thailand: 34.7 China: 28.8 Viet Nam: 19.6 Thailand: 49.6 China: 25.8
Viet Nam: 8 Japan: 3.5
European Union: 4.6 India: 2.1 Other: 10.1 United States of America: 2.5 Other: 10.6
Agricultural Products
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
Exports Imports
0% 10% 20% 0% 10% 20% 30% Value Annual percentage change
Million US$ 2020 2010-2020 2019 2020
HS0102 HS0102
Exports 1 454 12 32 9
HS0803 HS2202 Imports 964 16 25 5
HS2202 HS0103
HS0714 HS2309
HS0901 HS1701
Non-Agricultural Products
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
Exports Imports
0% 10% 20% 30% 0% 5% 10% 15% Value Annual percentage change
Million US$ 2020 2010-2020 2019 2020
HS2716 HS2710 Exports 3 632 10 -7 -19
HS7108 HS8704 Imports 4 050 10 -5 -17
HS2603 HS8544
HS4001 HS8529
HS7403 HS8703
202
World Trade Organization – Trade Profiles 2022
Lao People’s Democratic Republic
TRADE IN COMMERCIAL SERVICES
Value Annual percentage change
Million US$ 2021 2010-2021 2020 2021
Commercial services exports 125 -12 -71 -64
Commercial services imports 252 0 -64 -43
2021 2021
Share in world total exports (%) 0.00 Share in world total imports (%) 0.00
Breakdown in economy's total exports Breakdown in economy's total imports
By main services item, % (2020) By main services item, % (2020)
Transport: 23.1 Travel: 61.7 Transport: 26.3 Travel: 56.5
Other commercial services: 15.2 Goods-related services: 0 Other commercial services: 17.2 Goods-related services: 0
By main destination By main origin
Value Annual percentage change
FATS sales 2021 2010-2021 2020 2021
Inward (million US$) na na na na
Outward (million US$) na na na na
Transport
Lao People's Dem. Rep. World Value Annual percentage change
400 Million US$ 2020 2010-2020 2019 2020
300 Exports 80 4 58 -52
200 Imports 117 18 4 -20
100
Exports Value Share (%) Imports Value Share (%)
0 By sea (2020) 0 0.0 By sea (2020) 1 1.1
2010 2014 2018 2021
By air (2020) 54 67.6 By air (2020) 13 11.3
Transport exports (Index 2010=100) By other (2020) 24 30.4 By other (2020) 101 86.9
Travel
Lao People's Dem. Rep. World
300 Value Annual percentage change
Million US$ 2020 2010-2020 2019 2020
200
Exports 213 -6 15 -77
100 Imports 251 2 2 -75
0
2010 2014 2018 2021
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services
Exports of OCS by main item (2020) Million US$ Value Annual percentage change
2020 2010-2020 2019 2020
3.3 Other commercial services
12.8 ICTs Exports 53 0 13 -31
Imports 77 9 -23 -10
Construction
12.9
Insurance & pension 2020 2010-2020 2019 2020
70.9
Goods-related services
Other Exports 0 na na na
Imports 0 na na na
INDUSTRIAL PROPERTY
Patent applications, 2018 Trademark applications, 2020 Industrial design applications, 2020
Residents Non-residents Total Residents Non-residents Total Residents Non-residents Total
1 58 59 389 1 663 2 052 na 36 36
203
World Trade Organization – Trade Profiles 2022