HS Icon Gold in  Flag Laos

2020
Exports | Imports
: $553M | $9.12M, World Rnk 64 / 175
Flag Rnk 2 / 600 | World Rnk 86 / 168
Flag Rnk 136 / 1059

2020
ECONOMIC COMPLEXITY of Laos
: -1.06, Rnk 104 / 127

2020
PRODUCT COMPLEXITY  IN Gold
: -2.26, Rnk 1020 / 1029

Exports In 2020, Laos exported $553M in Gold, making it the 64th largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Laos. The main destination of Gold exports from Laos are: Thailand ($341M), Singapore ($86.8M), Australia ($75.2M), Switzerland ($36.7M), and China ($9.46M).

The fastest growing export markets for Gold of Laos between 2019 and 2020 were Thailand ($327M), Singapore ($86.8M), and Australia ($75.2M).

Imports In 2020, Laos imported $9.12M in Gold, becoming the 86th largest importer of Gold in the world. At the same year, Gold was the 136th most imported product in Laos. Laos imports Gold primarily from: Thailand ($8.9M), United States ($216k), and Australia ($4.34k).

Tariffs In 2018, the average tariff for Laos in Gold was 4.77%. The countries with the highest import tariffs for Gold were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $553M

IMPORTS (2020): $9.12M

NET TRADE (2020): $544M

In 2020, Laos exported $553M in Gold. The main destinations of Laos exports on Gold were Thailand ($341M), Singapore ($86.8M), Australia ($75.2M), Switzerland ($36.7M), and China ($9.46M).

In 2020, Laos imported $9.12M in Gold, mainly from Thailand ($8.9M), United States ($216k), and Australia ($4.34k).

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Flow

THE FASTEST GROWING Gold EXPORT MARKETS FOR Laos WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Laos WERE (2019 - 2020):

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Market Concentration

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In 2020, Laos's main exporting competitors in Gold were:

In 2020, Laos's main importing competitors in Gold were:

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