China / Laos

Overview In December 2024, China exported $333M and imported $496M from Laos, resulting in a negative trade balance of $163M. Between December 2023 and December 2024 the exports of China have decreased by $-137M (-29.2%) from $470M to $333M, while imports increased by $101M (25.4%) from $395M to $496M.

Trade In December 2024, the top exports of China to Laos were Commodities not elsewhere specified ($72.7M), Disc Chemicals for Electronics ($16.2M), Electric Motor Parts ($13.5M), Large Construction Vehicles ($12.6M), and Electrical Transformers ($11.3M). In December 2024 the top imports of China from Laos were Iron Ore ($52.6M), Potassic Fertilizers ($51.5M), Copper Ore ($42.2M), Commodities not elsewhere specified ($40.8M), and Starches ($30.7M).

Origins In December 2024 the exports of China were mainly from Yunnan Province ($71.2M), Guangdong Province ($49.1M), Jiangsu Province ($39.4M), Zhejiang Province ($27.6M), and Shandong Province ($24.2M), while imports destinations were mainly Yunnan Province ($239M), Beijing ($74.9M), Shandong Province ($65.5M), Guangxi Zhuang Autonomous Region ($38.9M), and Shanghai Province ($24.2M).

Growth In December 2024, the decrease in China's year-by-year exports to Laos was explained primarily by an decrease in product exports in Electric Locomotives ($-9.65M or -99.8%), Industrial Food Preperation Machinery ($-4.28M or -95%), and Plastic Pipes ($-3.82M or -68.4%). In December 2024, the increase in China's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Iron Ore ($24M or 84%), Copper Ore ($20.5M or 93.9%), and Starches ($19.4M or 173%).