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Pricing

2022
Flag → Flag
Exports $39.6MRnk 180 / 219
2022
Flag → Flag
Top Product $11.3MRecovered Paper
2022
Flag → Flag
Exports $281MRnk 5 / 125
2022
Flag → Flag
Top Product $107MOptical Fibers and optical fibre bundles
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

United States-Laos Trade: In 2022, United States exported $39.6M to Laos. The main products that United States exported to Laos were Recovered Paper ($11.3M), Vaccines, blood, antisera, toxins and cultures ($7.43M), and Cars ($2.81M). Over the past 5 years the exports of United States to Laos have decreased at an annualized rate of 2.22%, from $44.3M in 2017 to $39.6M in 2022.

In 2022, United States did not export any services to Laos.

Laos-United States Trade: In 2022, Laos exported $281M to United States. The main products that Laos exported to United States were Optical Fibers and optical fibre bundles ($107M), Leather Footwear ($45.5M), and Eyewear ($21.9M). Over the past 5 years the exports of Laos to United States have increased at an annualized rate of 24.5%,  from $93.8M in 2017 to $281M in 2022.

In 2022, Laos did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

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

June, 2024

About

Overview In June 2024, United States exported $2.78M and imported $25.7M from Laos, resulting in a negative trade balance of $22.9M. Between June 2023 and June 2024 the exports of United States have increased by $1.35M (94.5%) from $1.43M to $2.78M, while imports increased by $1.21M (4.94%) from $24.4M to $25.7M.

Trade In June 2024, the top exports of United States to Laos were Valves ($214k), Cars ($205k), Soybeans ($201k), Recovered Paper ($146k), and Starch Residue ($137k). In June 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 June 2024 the exports of United States were mainly from California ($1.58M), Louisiana ($297k), Kansas ($221k), New York ($177k), and Texas ($121k), while imports destinations were mainly California ($10.5M), Texas ($7.46M), Ohio ($1.8M), Georgia ($1.25M), and Pennsylvania ($1.08M).

Growth In June 2024, the increase in United States's year-by-year exports to Laos was explained primarily by an increase in product exports in Cars ($52.8k or 34.7%), Interchangeable Tool Parts ($50.2k or 1.48k%), and Soybeans ($20k or 11.1%). In June 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 (June 2023 - June 2024)$1.35M(94.5%)
IMPORT GROWTH (June 2023 - June 2024)$1.21M(4.94%)
MAIN EXPORTER (June 2024)California$1.58M

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 2022, United States exported $39.6M to Laos. The main products exported from United States to Laos were Recovered Paper ($11.3M), Vaccines, blood, antisera, toxins and cultures ($7.43M), and Cars ($2.81M). During the last 5 years the exports of United States to Laos have decreased at an annualized rate of 2.22%, from $44.3M in 2017 to $39.6M in 2022.

In 2017, Laos exported $281M to United States. The main products exported from Laos to United States were Optical Fibers and optical fibre bundles ($107M), Leather Footwear ($45.5M), and Eyewear ($21.9M). During the last 5 years the exports of Laos to United States have increased at an annualized rate of 24.5%, from $93.8M in 2022 to $281M in 2017.

Exports from United States (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Laos
Top DestinationThailand$3.29B

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 2022, countries that imported more from United States than Laos included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Laos than from United States.

Difference in imports from Laos (Flag) and United States (Flag) (2022)

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 2022, United States had a large net trade with Laos in the exports of Paper Goods ($11.3M), Chemical Products ($9.32M), and Transportation ($2.92M).

During 2017, Laos had a large net trade with United States in the exports of Instruments ($129M), Footwear and Headwear ($64.5M), and Machines ($40.8M).

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) (2022)

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