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Who does Laos rely on?

The largest supplier of Laos in 2024 is Thailand, with 56.4% of what Laos buys. Its share was 51.6% in 2019 and 63.1% in 1995. 419 of the 457 products Laos buys for more than $1 million have a supplier selling more than 50% of what Laos buys of that product; in 243, more than 75%. In those products, purchases from each one’s dominant supplier add up to 76.1% of what Laos buys.

Summary

Largest supplier: Thailand
56.4%
Concentration (HHI)
4,510
Products with a supplier above 50%
419
Products with a supplier above 75%
243

Concentration index (HHI): 4,510 out of 10,000; equivalent to splitting purchases among 2 suppliers of the same size

Trend

Trend in shares

China went from 8.6% to 36.4% of what Laos buys

Share (%)

  • Thailand 56.4%
  • China 36.4%
  • South Korea 1.2%
  • Japan 1%
  • Singapore 0.72%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Thailand63.1%
1996Thailand64.9%
1997Thailand70.9%
1998Thailand74.1%
1999Thailand73%
2000Thailand63.5%
2001Thailand63.4%
2002Thailand62.3%
2003Thailand63.4%
2004Thailand60.2%
2005Thailand68.7%
2006Thailand69.3%
2007Thailand70.3%
2008Thailand69.9%
2009Thailand63.1%
2010Thailand62.8%
2011Thailand60.8%
2012Thailand58.2%
2013Thailand57%
2014Thailand57.3%
2015Thailand59.6%
2016Thailand61.3%
2017Thailand52.3%
2018Thailand56.3%
2019Thailand51.6%
2020Thailand49.5%
2021Thailand50.4%
2022Thailand50.5%
2023Thailand49.8%
2024Thailand56.4%

Its suppliers

  1. Thailand$4.9 billion · 56.4%
  2. China$3.2 billion · 36.4%
  3. South Korea$105 million · 1.2%
  4. Japan$91 million · 1%
  5. Singapore$63 million · 0.72%
  6. Taiwan$37 million · 0.43%
  7. Germany$35 million · 0.4%
  8. Belgium$25 million · 0.29%
  9. United States$24 million · 0.28%
  10. Brazil$24 million · 0.27%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 457 products Laos buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumThailand98.1%over 75%China · 1.7%$1.3 billion
TrucksChina56.3%Thailand · 25%$278 million
Cane and beet sugarThailand100%over 75%South Korea · 0%$230 million
Bulldozers and excavatorsChina58.8%Thailand · 27.4%$208 million
GoldThailand99%over 75%United States · 0.96%$174 million
Other industrial machinesChina86.3%over 75%Hungary · 9.9%$173 million
ElectricityThailand95.3%over 75%China · 4.7%$161 million
Soft drinksThailand94%over 75%Cambodia · 3.1%$133 million
TractorsThailand80.6%over 75%China · 19.2%$118 million
Cameras and broadcast equipmentChina51.4%Thailand · 29.9%$108 million
Plastic packagingThailand83.2%over 75%China · 15.7%$96 million
Coated flat steelChina92%over 75%Thailand · 8%$92 million
Detergents and surfactantsThailand93%over 75%China · 5.6%$92 million
Nitrogen fertilizersChina60.3%Thailand · 39.7%$88 million
Cables and wireChina76.1%over 75%Thailand · 20.1%$84 million
Firewood and wood chipsThailand100%over 75%—$80 million
New tiresChina64%Thailand · 34.6%$78 million
Mixed fertilizersChina51.2%Thailand · 48.8%$75 million
Silicon wafers for electronicsChina97%over 75%Thailand · 2.4%$71 million
MotorcyclesChina66.9%Thailand · 32.9%$71 million
Steel barsThailand58.6%China · 41.4%$70 million
Transformers and power suppliesChina82.1%over 75%Thailand · 16.7%$68 million
SpiritsChina85.3%over 75%Thailand · 5.3%$67 million
PastaThailand88.7%over 75%South Korea · 7%$63 million
Generating setsChina96.5%over 75%Thailand · 3.4%$61 million

and 394 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: China
38.9%
Concentration (HHI)
2,599

Concentration index (HHI): 2,599 out of 10,000; equivalent to splitting sales among 4 customers of the same size

Trend in shares

China went from 2.7% to 38.9% of what Laos sells

Share (%)

  • China 38.9%
  • Thailand 31.4%
  • United States 7.9%
  • Australia 4%
  • Germany 2.7%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Thailand28.4%
1996Thailand24.5%
1997Thailand21.4%
1998Thailand15%
1999Thailand23.6%
2000Vietnam28.2%
2001Thailand26.4%
2002Thailand27.3%
2003Thailand27.5%
2004Thailand25.4%
2005Thailand36.6%
2006Thailand45.5%
2007Thailand40.3%
2008Thailand43.7%
2009Thailand32.5%
2010Thailand31.5%
2011Thailand33.5%
2012Thailand35.2%
2013Thailand28%
2014China37.2%
2015Thailand32.6%
2016Thailand38.4%
2017Thailand40.1%
2018Thailand41.3%
2019Thailand37%
2020Thailand41.1%
2021Thailand33.5%
2022Thailand31.3%
2023China28.8%
2024China38.9%

117 of the 154 products Laos sells for more than $1 million have a customer buying more than 50% of what Laos sells of that product; in 86, more than 75%. In those products, sales to each one’s dominant customer add up to 76.6% of what Laos sells.

ProductCustomerShareSecondValue
ElectricityThailand90.2%over 75%Cambodia · 9.8%$2.4 billion
Potash fertilizersChina73.1%Thailand · 12.5%$826 million
GoldAustralia57.2%Switzerland · 23.2%$725 million
Iron oreChina100%over 75%—$480 million
Copper oreChina100%over 75%—$476 million
Uncoated paperChina99.6%over 75%Thailand · 0.33%$434 million
Diodes, transistors and solar cellsUnited States91.9%over 75%India · 3%$410 million
Cassava and other rootsThailand99.3%over 75%China · 0.67%$400 million
Natural rubberChina99.3%over 75%India · 0.34%$398 million
Dissolving wood pulpChina100%over 75%—$289 million
Rare earth compoundsChina100%over 75%—$260 million
StarchesChina97%over 75%Taiwan · 2%$198 million
Synthetic rubberChina100%over 75%Luxembourg · 0.02%$174 million
Monitors and projectorsThailand62.5%United States · 28.2%$130 million
Refined copperThailand51.3%China · 48.7%$109 million

and 102 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
11Botswana4,754
12Bermuda4,519
13Laos4,510
14British Indian Ocean Territory4,445
15Anguilla4,358
16Falkland Islands (Malvinas)4,162

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.