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Laos trade in 2024

In 2024, Laos exported $10.7 billion and imported $8.7 billion, a trade surplus of $2 billion. It was the world's 101st-largest exporter, with 0.05% of world exports. Its top export was electricity (22% of the total) and its main trading partner was Thailand (42.6% of its trade).

Summary

Exports
$10.7billion
Imports
$8.7billion
Trade balance
+$2billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Electricity (22%) and potash fertilizers (7.7%) together make up 29.7% of its exports.

  1. Electricity$2.4 billion · 22%
    Main partner: Thailand
  2. Potash fertilizers$826 million · 7.7%
    Main partner: China
  3. Gold$725 million · 6.8%
    Main partner: Australia
  4. Iron ore$480 million · 4.5%
    Main partner: China
  5. Copper ore$476 million · 4.5%
    Main partner: China
  6. Uncoated paper$434 million · 4.1%
    Main partner: China
  7. Diodes, transistors and solar cells$410 million · 3.8%
    Main partner: United States
  8. Cassava and other roots$400 million · 3.7%
    Main partner: Thailand
  9. Natural rubber$398 million · 3.7%
    Main partner: China
  10. Dissolving wood pulp$289 million · 2.7%
    Main partner: China

What it imports

Refined petroleum (14.5%) and cars (3.4%) together make up 17.9% of its imports.

  1. Refined petroleum$1.3 billion · 14.5%
    Main partner: Thailand
  2. Cars$297 million · 3.4%
    Main partner: Thailand
  3. Trucks$278 million · 3.2%
    Main partner: China
  4. Cane and beet sugar$230 million · 2.6%
    Main partner: Thailand
  5. Bulldozers and excavators$208 million · 2.4%
    Main partner: China
  6. Gold$174 million · 2%
    Main partner: Thailand
  7. Other industrial machines$173 million · 2%
    Main partner: China
  8. Electricity$161 million · 1.8%
    Main partner: Thailand
  9. Soft drinks$133 million · 1.5%
    Main partner: Thailand
  10. Tractors$118 million · 1.4%
    Main partner: Thailand
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$2.4 billion$1.5 billion
26 · Ores and slag$1.1 billion$738 thousand
85 · Electrical and electronic equipment$975 million$733 million
31 · Fertilizers$845 million$179 million
71 · Gems and precious metals$755 million$196 million
40 · Rubber$573 million$134 million
48 · Paper and paperboard$438 million$118 million
07 · Vegetables$409 million$17 million
28 · Inorganic chemicals$390 million$83 million
47 · Wood pulp$290 million$25 million
11 · Milling products and malt$289 million$49 million
62 · Woven clothing$260 million$18 million
90 · Precision and medical instruments$259 million$81 million
61 · Knitted clothing$234 million$20 million
44 · Wood$187 million$98 million
64 · Footwear$184 million$28 million
25 · Salt, stone and cement$177 million$41 million
74 · Copper$123 million$7 million
10 · Cereals$120 million$40 million
12 · Oilseeds and grains$110 million$4 million
08 · Fruit and nuts$105 million$6 million
94 · Furniture and lighting$87 million$68 million
09 · Coffee, tea and spices$78 million$3 million
65 · Hats$35 million$5 million
73 · Iron and steel products$35 million$253 million
95 · Toys and sports gear$28 million$14 million
38 · Miscellaneous chemicals$24 million$183 million
78 · Lead$23 million$2 million
24 · Tobacco$21 million$21 million
17 · Sugar and sweets$18 million$242 million
39 · Plastics$12 million$322 million
33 · Perfumes and cosmetics$11 million$134 million
22 · Beverages and spirits$11 million$216 million
13 · Gums and plant extracts$10 million$1 million
67 · Feathers and artificial flowers$8 million$2 million
76 · Aluminum$8 million$68 million
84 · Mechanical machinery$7 million$1.1 billion
63 · Home textiles and used clothing$6 million$57 million
75 · Nickel$6 million$3 million
21 · Food preparations$5 million$137 million
20 · Preserved fruit and vegetables$5 million$70 million
70 · Glass$4 million$42 million
23 · Animal feed and food waste$4 million$81 million
87 · Vehicles$3 million$916 million
32 · Dyes, paints and tanning agents$3 million$72 million
55 · Synthetic staple fibers$3 million$26 million
29 · Organic chemicals$2 million$71 million
42 · Leather goods and bags$2 million$10 million
14 · Other plant products$2 million$461 thousand
80 · Tin$1 million$312 thousand
36 · Explosives and matches$1 million$6 million
30 · Pharmaceuticals$1 million$68 million
60 · Knitted fabric$1 million$55 million
15 · Fats and oils$825 thousand$16 million
82 · Tools and cutlery$740 thousand$17 million
49 · Books and printed matter$617 thousand$2 million
16 · Prepared meat and fish$548 thousand$16 million
56 · Felt, nonwovens and rope$539 thousand$11 million
01 · Live animals$454 thousand$79 million
18 · Cocoa and chocolate$449 thousand$5 million
88 · Aircraft and spacecraft$427 thousand$16 million
96 · Other manufactured goods$361 thousand$15 million
54 · Synthetic filaments$342 thousand$18 million
06 · Live plants and flowers$331 thousand$2 million
58 · Special fabrics and lace$299 thousand$9 million
72 · Iron and steel$276 thousand$289 million
86 · Railway equipment$275 thousand$21 million
51 · Wool$268 thousand$2 million
53 · Other plant fibers$237 thousand$1 million
50 · Silk$181 thousand$177 thousand
52 · Cotton$164 thousand$12 million
97 · Art and antiques$142 thousand$769 thousand
83 · Miscellaneous metal goods$142 thousand$26 million
34 · Soap and cleaning products$87 thousand$112 million
05 · Other animal products$82 thousand$506 thousand
03 · Fish and seafood$81 thousand$5 million
81 · Other base metals$40 thousand$455 thousand
69 · Ceramics$34 thousand$65 million
91 · Watches and clocks$22 thousand$6 million
41 · Hides and leather$22 thousand$19 million
19 · Baked goods and cereal products$14 thousand$161 million
89 · Ships and boats$14 thousand$2 million
57 · Carpets and rugs$12 thousand$3 million
46 · Wicker and basketware$11 thousand$229 thousand
68 · Stone, plaster and cement articles$10 thousand$68 million
92 · Musical instruments$7 thousand$205 thousand
02 · Meat and offal$2 thousand$35 million
59 · Coated and technical textiles$2 thousand$12 million
35 · Glues, starches and enzymes$1 thousand$8 million
66 · Umbrellas and canes$1 thousand$678 thousand
43 · Fur and fur goods$843$9 thousand
79 · Zinc$52$1 million
37 · Photographic goods$42$257 thousand
04 · Dairy, eggs and honey$0$34 million
93 · Weapons and ammunition$0$166 thousand
45 · Cork$0$31 thousand

Trading partners

Its main destination is China (38.9% of exports) and its main source is Thailand (56.4% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China4.238.9%Land
Thailand3.431.4%Land
United States0.857.9%Sea
Australia0.434%Air
Germany0.292.7%Sea
Cambodia0.242.2%Land
Switzerland0.191.8%Air
Japan0.161.5%Sea
South Korea0.10.89%Sea
Mexico0.080.79%Air

Who it buys from

PartnerValue (USD billions)ShareMode
Thailand4.956.4%Land
China3.236.4%Land
South Korea0.111.2%Sea
Japan0.091%Sea
Singapore0.060.72%Air
Taiwan0.040.43%Air
Germany0.040.4%Air
Belgium0.030.29%Air
United States0.020.28%Sea
Brazil0.020.27%Sea

Overview 1995–2024

In 2024, Laos accounted for 0.05% of world exports, compared with 0% in 1995.

Exports and imports

Exports grew 44-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 10.7
  • Imports 8.7
  • Balance +2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$243 million$554 million-$310 million
1996$277 million$554 million-$277 million
1997$259 million$536 million-$277 million
1998$202 million$492 million-$290 million
1999$233 million$553 million-$320 million
2000$357 million$598 million-$241 million
2001$331 million$645 million-$314 million
2002$335 million$626 million-$291 million
2003$365 million$707 million-$343 million
2004$438 million$941 million-$503 million
2005$598 million$1.1 billion-$507 million
2006$1.1 billion$1.4 billion-$364 million
2007$1.2 billion$1.8 billion-$687 million
2008$1.4 billion$2.5 billion-$1.1 billion
2009$1.4 billion$2.6 billion-$1.2 billion
2010$2.7 billion$3.4 billion-$664 million
2011$3.6 billion$4.5 billion-$957 million
2012$3.6 billion$5.8 billion-$2.2 billion
2013$5.2 billion$6.5 billion-$1.3 billion
2014$5.2 billion$7.3 billion-$2.1 billion
2015$4.7 billion$6.6 billion-$1.9 billion
2016$5.1 billion$6.3 billion-$1.1 billion
2017$5.8 billion$7.2 billion-$1.4 billion
2018$6.5 billion$7.3 billion-$786 million
2019$7 billion$7.4 billion-$437 million
2020$7.2 billion$6.5 billion$720 million
2021$9.5 billion$7.7 billion$1.8 billion
2022$10.8 billion$9 billion$1.8 billion
2023$10.7 billion$8.9 billion$1.9 billion
2024$10.7 billion$8.7 billion$2 billion

World rank

Laos rose from 147th to 101st among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 147th in 1995
  • 101st in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995147th
1996148th
1997155th
1998157th
1999159th
2000153rd
2001157th
2002158th
2003162nd
2004164th
2005157th
2006146th
2007147th
2008149th
2009142nd
2010125th
2011128th
2012125th
2013118th
2014119th
2015117th
2016112th
2017111th
2018110th
2019107th
2020104th
2021102nd
2022104th
2023103rd
2024101st

What it sells

Oil, gas and coal became its top export group: from 0.3% to 22%

% of exports by Harmonized System chapter.

  • Other 30%
  • Vegetables 4%
  • Paper and paperboard 4%
  • Rubber 5%
  • Gems and precious metals 7%
  • Fertilizers 8%
  • Electrical and electronic equipment 9%
  • Ores and slag 11%
  • Oil, gas and coal 22%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal0.29%22.2%
Ores and slag1.2%10.5%
Electrical and electronic equipment0.14%9.1%
Fertilizers0%7.9%
Gems and precious metals0.02%7.1%
Rubber0.04%5.4%
Paper and paperboard0.01%4.1%
Vegetables0.01%3.8%
Other98.3%29.9%

Who it trades with

China went from 7% to 38% of Laos' trade

% of total trade (exports + imports) with each partner.

  • Thailand 43%
  • China 38%
  • United States 4%
  • Australia 2%
  • Germany 2%

Source: CEPII BACI

Show the numbers
Partner19952024
Thailand52.5%42.6%
China6.8%37.8%
United States1.6%4.5%
Australia2.6%2.3%
Germany2.9%1.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Hongsa power stationPower · 10.3 Mt CO₂e
  • Dak Cheung Alumina RefineryAluminum · 1.3 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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