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Pricing

2023
Flag → Flag
Exports $22MRnk 187 / 220
2023
Flag → Flag
Top Product $4.23MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $306MRnk 4 / 120
2023
Flag → Flag
Top Product $108MOptical Fibers and optical fibre bundles
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
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GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
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GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
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GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

United States-Laos Trade: In 2023, United States exported $22M to Laos. The main products that United States exported to Laos were Vaccines, blood, antisera, toxins and cultures ($4.23M), Recovered Paper ($3.79M), and Cars ($2.05M). Over the past 5 years the exports of United States to Laos have decreased at an annualized rate of 1.36%, from $23.5M in 2018 to $22M in 2023.

In 2023, United States did not export any services to Laos.

Laos-United States Trade: In 2023, Laos exported $306M to United States. The main products that Laos exported to United States were Optical Fibers and optical fibre bundles ($108M), Leather Footwear ($35.9M), and Knitted Hats ($31.6M). Over the past 5 years the exports of Laos to United States have increased at an annualized rate of 15.6%,  from $148M in 2018 to $306M in 2023.

In 2023, Laos did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Company data: In 2023, leading companies such as Camposol Fresh (862), DAVID OPPENHEIMER CO. (617), and Pacific Trellis Fruit (572) were at the forefront of exporting goods from Laos to the United States. Conversely, Other (897), Camposol Sa (629), and Corporacion Agrolatina Sac (277) were notable for importing products to Laos from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $1.79M and imported $147M from Laos, resulting in a negative trade balance of $145M. Between November 2023 and November 2024 the exports of United States have decreased by $-336k (-15.8%) from $2.13M to $1.79M, while imports increased by $129M (724%) from $17.8M to $147M.

Trade In November 2024, the top exports of United States to Laos were Valves ($214k), Cars ($205k), Soybeans ($201k), Recovered Paper ($146k), and Starch Residue ($137k). In November 2024 the top imports of United States from Laos were Optical Fibers and optical fibre bundles ($8.52M), Knitted Hats ($7.51M), Leather Footwear ($2.58M), Telephones ($2.52M), and Eyewear ($1.94M).

Origins In November 2024 the exports of United States were mainly from New York ($497k), California ($450k), Washington ($185k), Nevada ($111k), and Illinois ($91.1k), while imports destinations were mainly California ($58.6M), Texas ($27.8M), Florida ($20.9M), Delaware ($9.52M), and Louisiana ($6.91M).

Growth In November 2024, the decrease in United States's year-by-year exports to Laos was explained primarily by an decrease in product exports in Recovered Paper ($-1.29M or -89.8%), Computers ($-164k or -92.2%), and Commodities not elsewhere specified ($-120k or -82.7%). In November 2024, the increase in United States's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Knitted Hats ($6.33M or 534%), Telephones ($1.71M or 211%), and Knit Sweaters ($1.16M or 16k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-336k(-15.8%)
IMPORT GROWTH (November 2023 - November 2024)$129M(724%)
MAIN EXPORTER (November 2024)New York$497k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Laos and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $22M to Laos. The main products exported from United States to Laos were Vaccines, blood, antisera, toxins and cultures ($4.23M), Recovered Paper ($3.79M), and Cars ($2.05M). During the last 5 years the exports of United States to Laos have decreased at an annualized rate of 1.36%, from $23.5M in 2018 to $22M in 2023.

In 2018, Laos exported $306M to United States. The main products exported from Laos to United States were Optical Fibers and optical fibre bundles ($108M), Leather Footwear ($35.9M), and Knitted Hats ($31.6M). During the last 5 years the exports of Laos to United States have increased at an annualized rate of 15.6%, from $148M in 2023 to $306M in 2018.

Exports from United States (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Laos
Top DestinationChina$3.41B

This map shows whether countries import more from United States or Laos. Each country is colored based on the difference in imports they receive from United States and Laos or the difference in the growth in imports.

In 2023, countries that imported more from United States than Laos included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Laos than from United States.

Difference in imports from Laos (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Laos

Flow
Scale

This chart compares trade between United States and Laos by product, considering products traded by both, United States and Laos.

During 2023, United States had a large net trade with Laos in the exports of Chemical Products ($4.43M), Paper Goods ($3.82M), and Vegetable Products ($2.4M).

During 2018, Laos had a large net trade with United States in the exports of Instruments ($134M), Footwear and Headwear ($73M), and Machines ($34.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Laos+$5.31MCars
Top Product Potential Laos United States+$45.8MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Laos. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Laos (Flag) (2023)

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