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Trade between Laos and Thailand

In 2024, Laos exported $3.4 billion to Thailand and imported $4.9 billion. Laos ran a deficit of $1.6 billion with Thailand, compared with a deficit of $1.2 billion in 2019. Thailand was Laos’ largest trading partner (43% of its trade), and Laos was Thailand’s 20th (1%).

Summary

Laos → Thailand
$3.4billion
Thailand → Laos
$4.9billion
Laos’ balance
-$1.6billion

Balance

Laos’ trade balance with Thailand

Trade between Laos and Thailand grew 19.8-fold since 1995

USD billions (current). Laos’ exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 3.4
  • Imports 4.9
  • Balance -1.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$69 million$349 million-$280 million
1996$68 million$359 million-$292 million
1997$55 million$380 million-$325 million
1998$30 million$364 million-$334 million
1999$55 million$404 million-$349 million
2000$73 million$380 million-$306 million
2001$87 million$409 million-$321 million
2002$92 million$390 million-$298 million
2003$100 million$448 million-$348 million
2004$111 million$566 million-$455 million
2005$219 million$759 million-$540 million
2006$489 million$997 million-$508 million
2007$467 million$1.3 billion-$830 million
2008$614 million$1.8 billion-$1.1 billion
2009$463 million$1.6 billion-$1.2 billion
2010$856 million$2.1 billion-$1.3 billion
2011$1.2 billion$2.8 billion-$1.6 billion
2012$1.3 billion$3.4 billion-$2.1 billion
2013$1.5 billion$3.7 billion-$2.3 billion
2014$1.4 billion$4.2 billion-$2.8 billion
2015$1.5 billion$3.9 billion-$2.4 billion
2016$2 billion$3.8 billion-$1.9 billion
2017$2.3 billion$3.7 billion-$1.4 billion
2018$2.7 billion$4.1 billion-$1.4 billion
2019$2.6 billion$3.8 billion-$1.2 billion
2020$2.9 billion$3.2 billion-$247 million
2021$3.2 billion$3.9 billion-$690 million
2022$3.4 billion$4.5 billion-$1.2 billion
2023$3 billion$4.4 billion-$1.4 billion
2024$3.4 billion$4.9 billion-$1.6 billion

What they sell each other

What Laos sells to Thailand

The top 10 headings in 2024, with their share of the total.

  1. Electricity$2.1 billion · 63.2%
    Laos’ destinations
  2. Cassava and other roots$397 million · 11.8%
    2.4 million tonnes
  3. Potash fertilizers$103 million · 3.1%
    247 thousand tonnes
  4. 226 tonnes
  5. Monitors and projectors$81 million · 2.4%
    734 tonnes
  6. Corn$63 million · 1.9%
    255 thousand tonnes
  7. Refined copper$56 million · 1.7%
    6 thousand tonnes · Thailand’s sources
  8. Coffee$55 million · 1.6%
    15 thousand tonnes
  9. Cement$54 million · 1.6%
    1 million tonnes
  10. Hydrogen and rare gases$48 million · 1.4%
    21 thousand tonnes

What Thailand sells to Laos

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$1.2 billion · 25.3%
    1.5 million tonnes · Thailand’s destinations
  2. Cane and beet sugar$230 million · 4.7%
    372 thousand tonnes · Thailand’s destinations
  3. Gold$172 million · 3.5%
    2 tonnes · Thailand’s destinations
  4. Electricity$153 million · 3.1%
  5. Cars$131 million · 2.7%
    10 thousand tonnes · Thailand’s destinations
  6. Soft drinks$125 million · 2.5%
    139 thousand tonnes
  7. Tractors$95 million · 1.9%
    16 thousand tonnes
  8. Detergents and surfactants$86 million · 1.7%
    67 thousand tonnes
  9. Plastic packaging$80 million · 1.6%
    43 thousand tonnes
  10. Firewood and wood chips$80 million · 1.6%
    1.2 million tonnes

How it travels

Laos and Thailand traded $8.3 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.

Split by transport mode

  1. Land$8.3 billion · 100%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Thailand was Laos’ largest trading partner (43% of its trade), and Laos was Thailand’s 20th (1%).

Thailand in Laos’ trade
42.6%
Thailand’s rank among Laos’ partners
1st
Laos in Thailand’s trade
1.3%
Laos’ rank among Thailand’s partners
20th

Compare with

Other partners of Laos

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.