Laos

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Lao People's Dem. Rep. · LA · LAO · BACI 418 · latest data 2024

Exports

$10.7B USD, nominal · 2024

= $10,697 M54.6% over 5 yrs (up)

Imports

$8.7B USD, nominal · 2024

= $8,743 M19.4% over 5 yrs (up)

Trade balancesurplus

$2.0B USD, nominal · 2024

= $1,954 M

Total trade

$19.4B USD, nominal · 2024

= $19,439 M36.5% over 5 yrs (up)

World position: #100 of 225 exporters · top half · #122 of 225 importers · bottom half · 2024
World export share since 1995: +0.0 pp

Trade timeline

Laos's exports grew from $243M in 1995 to $10.7B in 2024; the 2024 balance was $2.0B.

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Exports, imports, trade balance and total trade of Laos per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$243 M	$554 M	−$310 M	$797 M
1996	$277 M	$554 M	−$277 M	$831 M
1997	$259 M	$536 M	−$277 M	$795 M
1998	$202 M	$492 M	−$290 M	$694 M
1999	$233 M	$553 M	−$320 M	$786 M
2000	$357 M	$598 M	−$241 M	$954 M
2001	$331 M	$645 M	−$314 M	$976 M
2002	$335 M	$626 M	−$291 M	$962 M
2003	$365 M	$707 M	−$343 M	$1,072 M
2004	$438 M	$941 M	−$503 M	$1,379 M
2005	$598 M	$1,104 M	−$507 M	$1,702 M
2006	$1,074 M	$1,438 M	−$364 M	$2,513 M
2007	$1,159 M	$1,846 M	−$687 M	$3,004 M
2008	$1,406 M	$2,512 M	−$1,106 M	$3,919 M
2009	$1,423 M	$2,603 M	−$1,180 M	$4,026 M
2010	$2,694 M	$3,478 M	−$784 M	$6,173 M
2011	$3,693 M	$4,641 M	−$948 M	$8,334 M
2012	$3,665 M	$6,073 M	−$2,408 M	$9,738 M
2013	$5,255 M	$6,928 M	−$1,672 M	$12,183 M
2014	$5,250 M	$7,606 M	−$2,356 M	$12,857 M
2015	$4,772 M	$6,791 M	−$2,019 M	$11,563 M
2016	$5,090 M	$6,384 M	−$1,294 M	$11,475 M
2017	$5,681 M	$7,260 M	−$1,579 M	$12,941 M
2018	$6,434 M	$7,417 M	−$982 M	$13,851 M
2019	$6,917 M	$7,324 M	−$407 M	$14,240 M
2020	$6,931 M	$6,458 M	$473 M	$13,389 M
2021	$9,477 M	$7,658 M	$1,818 M	$17,135 M
2022	$9,783 M	$8,065 M	$1,718 M	$17,849 M
2023	$8,704 M	$8,056 M	$648 M	$16,760 M
2024	$10,697 M	$8,743 M	$1,954 M	$19,439 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #143 → #100.

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World export and import share in percent, and world ranks, of Laos per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.00%	0.01%	#143	#143
1996	0.01%	0.01%	#144	#146
1997	0.00%	0.01%	#151	#148
1998	0.00%	0.01%	#153	#151
1999	0.00%	0.01%	#155	#152
2000	0.01%	0.01%	#151	#158
2001	0.01%	0.01%	#154	#153
2002	0.01%	0.01%	#155	#159
2003	0.00%	0.01%	#159	#163
2004	0.00%	0.01%	#161	#159
2005	0.01%	0.01%	#154	#158
2006	0.01%	0.01%	#144	#160
2007	0.01%	0.01%	#145	#159
2008	0.01%	0.02%	#147	#153
2009	0.01%	0.02%	#140	#146
2010	0.02%	0.02%	#124	#145
2011	0.02%	0.03%	#125	#139
2012	0.02%	0.03%	#124	#130
2013	0.03%	0.04%	#116	#124
2014	0.03%	0.04%	#118	#125
2015	0.03%	0.04%	#116	#122
2016	0.03%	0.04%	#112	#123
2017	0.03%	0.04%	#110	#119
2018	0.03%	0.04%	#110	#121
2019	0.04%	0.04%	#106	#121
2020	0.04%	0.04%	#105	#120
2021	0.04%	0.04%	#101	#125
2022	0.04%	0.03%	#106	#128
2023	0.04%	0.04%	#107	#125
2024	0.05%	0.04%	#100	#122

30 rows

Trading partners

Thailand was Laos's top trading partner in 2024, at 42.6% of total trade; the top five partners covered 88.9%.

Year

Top partner share: 42.6%
Top-5 share: 88.9%
Partners: 114
Partner HHI (0–1): 0.328

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China $4.2B

Thailand $3.4B

United States $845M

Australia $431M

Germany $285M

Cambodia $239M

Switzerland $195M

Japan $157M

South Korea $95M

Mexico $85M

India $78M

Denmark $73M

Indonesia $65M

Hong Kong $53M

Singapore $16M

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Top partners of Laos in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Thailand	$3,359 M	$4,929 M	$8,288 M	−$1,570 M
#2	China	$4,159 M	$3,186 M	$7,345 M	$973 M
#3	United States	$845 M	$24 M	$869 M	$821 M
#4	Australia	$431 M	$23 M	$454 M	$408 M
#5	Germany	$285 M	$35 M	$321 M	$250 M
#6	Cambodia	$239 M	$17 M	$256 M	$222 M
#7	Japan	$157 M	$91 M	$248 M	$66 M
#8	South Korea	$95 M	$105 M	$201 M	−$10 M
#9	Switzerland	$195 M	$5 M	$200 M	$190 M
#10	India	$78 M	$12 M	$90 M	$65 M
#11	Mexico	$85 M	$0 M	$85 M	$85 M
#12	Indonesia	$65 M	$15 M	$80 M	$50 M
#13	Singapore	$16 M	$63 M	$79 M	−$47 M
#14	Denmark	$73 M	$2 M	$75 M	$71 M
#15	Hong Kong	$53 M	$17 M	$70 M	$36 M

15 rows

Products & sectors

Product composition of Laos's trade in 2024.

Year

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Concentration & risk

Laos's export partners concentrated over 1995–2024 — HHI 0.135 → 0.260, a concentrated export base across 111 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Laos per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.135	0.417	53	40
1996	0.144	0.435	59	47
1997	0.097	0.513	63	44
1998	0.087	0.554	65	52
1999	0.104	0.541	71	50
2000	0.147	0.424	88	54
2001	0.145	0.421	92	58
2002	0.145	0.409	91	58
2003	0.137	0.428	97	56
2004	0.127	0.380	91	65
2005	0.181	0.487	90	57
2006	0.244	0.500	108	63
2007	0.211	0.508	101	60
2008	0.245	0.504	105	60
2009	0.210	0.426	108	65
2010	0.195	0.416	126	88
2011	0.190	0.402	128	79
2012	0.200	0.381	122	85
2013	0.179	0.369	130	92
2014	0.245	0.369	130	91
2015	0.243	0.413	129	93
2016	0.247	0.433	132	96
2017	0.250	0.356	141	113
2018	0.264	0.380	145	105
2019	0.248	0.357	142	126
2020	0.258	0.330	139	131
2021	0.210	0.329	146	121
2022	0.225	0.392	131	69
2023	0.276	0.462	120	73
2024	0.260	0.451	111	77

30 rows

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