Laos recorded a trade deficit of 416.14 USD Million in the fourth quarter of 2017. Balance of Trade in Laos averaged -177.05 USD Million from 2004 until 2017, reaching an all time high of 41.50 USD Million in the first quarter of 2012 and a record low of -734.71 USD Million in the first quarter of 2015.

Balance of Trade in Laos is expected to be -207.88 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Laos to stand at -207.88 in 12 months time. In the long-term, the Laos Balance of Trade is projected to trend around -207.88 USD Million in 2020, according to our econometric models.

Laos Balance of Trade
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Laos Trade Last Previous Highest Lowest Unit
Balance of Trade -416.14 -399.34 41.50 -734.71 USD Million [+]
Current Account -452.68 -443.06 168.56 -668.17 USD Million [+]
Current Account to GDP -6.99 -8.71 1.96 -26.90 percent [+]
Imports 1570.22 1327.11 1570.22 124.40 USD Million [+]
Exports 1154.09 927.77 1154.09 11.50 USD Million [+]
Gold Reserves 0.90 0.90 8.90 0.30 Tonnes [+]
Terrorism Index 1.96 0.70 2.11 0.00 [+]
Tourism Revenues 760.80 716.10 760.80 6.30 USD Million [+]
Tourist Arrivals 4535780.00 4239047.00 4684429.00 102946.00 [+]
External Debt 8538.40 7717.30 8538.40 769.60 USD Million [+]
Foreign Direct Investment 543.59 338.76 913.24 8.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Laos Balance of Trade

As a landlocked communist state, Laos has a relatively closed economy and engages in trade with only a few neighbouring countries. Laos consistently runs trade deficits due to its underdeveloped infrastructure and undiversified export base. Laos' main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos mainly imports oil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement.. This page provides the latest reported value for - Laos Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-416.14 -399.34 41.50 -734.71 2004 - 2017 USD Million Quarterly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -16670.00 Nov/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4850.00 Oct/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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