US trade with Laos in the first half of 2017

Published or Updated: Oct 20, 2017

The report on US foreign trade in goods with Laos in the first half of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Laos

In the first half of 2017, US trade with Laos totaled $63.7 million, up 59.58% ($23.8 million) from the first half of 2016.

US exports to Laos in the first half of 2017 totaled $14.5 million, up 29.72% ($3.3 million) from the first half of 2016.

US imports from Laos in the first half of 2017 totaled $49.2 million, up 71.22% ($20.4 million) from the first half of 2016.

US trade deficit with Laos in the first half of 2017 was $34.6 million, a 97.73% increase ($17.1 million) over the first half of 2016.

Laos was the US 155th largest trading partner in the first half of 2017 (up from 164th in the first half of 2016), accounting for 0.0033% of US total trade (up from 0.0022% in the first half of 2016).

Laos was the US 172nd largest export market in the first half of 2017 (up from 179th in the first half of 2016), accounting for 0.0019% of US total exports (up from 0.0016% in the first half of 2016).

Laos was the US 122nd largest supplier in the first half of 2017 (up from 134th in the first half of 2016), accounting for 0.0042% of US total imports (up from 0.0026% in the first half of 2016).

US Exports to Laos

The major share of US exports to Laos in the first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 68.16% of US total exports to Laos (37.73% in the first half of 2016);
  • Precious metals and stones (HS code 71) - 16.17% of US total exports to Laos (24.52% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.38% of US total exports to Laos (24.51% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 3.26% of US total exports to Laos (3.10% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.86% of US total exports to Laos (3.70% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 1.20% of US total exports to Laos (1.60% in the first half of 2016).

The largest gains in US exports to Laos in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6,127.9 thousand;
  • Cereals (HS code 10) - an increase of $151.7 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $140.5 thousand;
  • Cotton (HS code 52) - an increase of $118.3 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $111.6 thousand;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $102.2 thousand;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $87.7 thousand;
  • Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - an increase of $76.8 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $53.9 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $44.4 thousand.

The largest declines in US exports to Laos in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Man-made staple fibers (HS code 55) - a decrease of $2,267.1 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $608.0 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $396.4 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $146.8 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $74.3 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $62.2 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $56.2 thousand;
  • Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery (HS code 58) - a decrease of $54.4 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $49.1 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $47.5 thousand.
US exports to Laos in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 29.5-100.00
07 Edible vegetables and certain roots and tubers 53.9 0.37 0.0
09 Coffee, tea, maté and spices 0.0 0.00 20.5-100.00
10 Cereals 151.7 1.04 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 6.3-100.00
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 74.3-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 111.6 0.77 0.0
21 Miscellaneous edible preparations 8.2 0.06 0.0
22 Beverages, spirits and vinegar 89.3 0.62 136.8-34.72
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 146.8-100.00
26 Ores, slag and ash 3.1 0.02 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2.6 0.02 51.7-95.00
29 Organic chemicals 105.1 0.72 95.310.20
30 Pharmaceutical products 6.5 0.04 68.7-90.54
31 Fertilizers 25.6 0.18 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 3.6-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 17.6 0.12 7.1148.44
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 16.5 0.11 10.655.41
35 Albuminoidal substances; modified starches; glues; enzymes 80.6 0.56 3.82,021.58
38 Miscellaneous chemical products 55.8 0.38 47.816.64
39 Plastics and articles thereof 111.6 0.77 67.266.06
40 Rubber and articles thereof 53.9 0.37 43.324.59
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 37.0-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 18.0 0.12 0.0
52 Cotton 118.3 0.81 0.0
55 Man-made staple fibers 415.9 2.86 2,683.0-84.50
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 3.4-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 54.4-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 102.2 0.70 0.0
60 Knitted or crocheted fabrics 0.0 0.00 3.4-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 2,348.1 16.17 2,744.5-14.44
73 Articles of iron or steel 19.6 0.14 23.0-14.53
75 Nickel and articles thereof 6.7 0.05 0.0
81 Other base metals; cermets; articles thereof 96.5 0.66 103.1-6.46
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 13.0 0.09 32.3-59.82
83 Miscellaneous articles of base metal 38.5 0.27 20.884.75
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,533.1 51.87 1,405.3436.07
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 286.4 1.97 894.3-67.98
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,182.0 8.14 1,166.51.33
88 Aircraft, spacecraft, and parts thereof 482.4 3.32 341.941.09
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 415.0 2.86 415.9-0.22
91 Clocks and watches and parts thereof 0.0 0.00 3.3-100.00
93 Arms and ammunition; parts and accessories thereof 87.7 0.60 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 10.4 0.07 5.590.24
95 Toys, games and sports requisites; parts and accessories thereof 203.1 1.40 259.3-21.67
96 Miscellaneous manufactured articles 12.1 0.08 19.8-38.78

US Imports from Laos

The major share of US imports from Laos in the first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.78% of US total imports from Laos (3.64% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 11.81% of US total imports from Laos (12.68% in the first half of 2016);
  • Precious metals and stones (HS code 71) - 11.20% of US total imports from Laos (38.17% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 5.31% of US total imports from Laos (9.44% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.79% of US total imports from Laos (10.72% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 1.18% of US total imports from Laos (23.30% in the first half of 2016).

The largest gains in US imports from Laos in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $29,102.3 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $1,082.7 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $912.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $474.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $240.9 thousand.

The largest declines in US imports from Laos in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $5,455.2 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $5,330.8 thousand;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $744.5 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $738.6 thousand.
US imports from Laos in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 69.9 0.14 0.0
09 Coffee, tea, maté and spices 2,135.3 4.34 2,879.8-25.85
10 Cereals 0.0 0.00 54.8-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5.6 0.01 0.0
13 Lac; gums, resins and other vegetable saps and extracts 36.0 0.07 15.7129.30
21 Miscellaneous edible preparations 0.0 0.00 27.5-100.00
22 Beverages, spirits and vinegar 106.6 0.22 101.35.18
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 20.8 0.04 5,351.6-99.61
31 Fertilizers 0.0 0.00 48.5-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 6.8 0.01 0.0
39 Plastics and articles thereof 550.7 1.12 1,289.4-57.29
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 49.6 0.10 36.137.55
44 Wood and articles of wood; wood charcoal 44.9 0.09 106.5-57.86
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 5.2 0.01 0.0
50 Silk 8.3 0.02 9.0-7.76
52 Cotton 0.6 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 57.5 0.12 0.0
60 Knitted or crocheted fabrics 0.0 0.00 2.6-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 2,738.2 5.57 2,632.04.04
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,760.2 3.58 677.5159.80
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 7.4 0.02 0.32,497.89
64 Footwear, gaiters and the like; parts of such articles 1,231.6 2.51 319.1286.03
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 5,506.0 11.20 10,961.2-49.77
73 Articles of iron or steel 2,608.2 5.31 2,709.7-3.75
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 240.9 0.49 0.0
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 29,430.0 59.86 327.78,881.18
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,192.8 2.43 718.665.99
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 46.6 0.09 20.0132.37
96 Miscellaneous manufactured articles 35.1 0.07 30.415.45
97 Works of art, collectors’ pieces and antiques 23.8 0.05 68.5-65.30
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce