US trade (export - import) with Laos in 2015

Published or Updated: Mar 13, 2017

The report on US foreign trade in goods with Laos in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Laos

In 2015, US trade with Laos totaled $72.2 million, up 14.43% ($9.1 million) from 2014.

US exports to Laos in 2015 were $24.6 million, down 13.69% ($3.9 million) from 2014.

US imports from Laos in 2015 totaled $47.6 million, up 37.57% ($13.0 million) from 2014.

US trade deficit with Laos in 2015 was $23.0 million, a 275.81% increase ($16.9 million) over 2014.

Laos was the US 168th largest trading partner in 2015 (up from 175th in 2014), accounting for 0.0019% of US total trade (up from 0.0016% in 2014).

Laos was the US 178th largest export market in 2015 (just as in 2014), accounting for 0.0016% of US total exports (down from 0.0018% in 2014).

Laos was the US 144th largest supplier in 2015 (up from 149th in 2014), accounting for 0.0021% of US total imports (up from 0.0014% in 2014).

US Exports to Laos

The major share of US exports to Laos in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 41.19% of US total exports to Laos (36.48% in 2014);
  • Precious metals and stones (HS code 71) - 30.45% of US total exports to Laos (18.93% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 7.89% of US total exports to Laos (4.82% in 2014);
  • Metals and products from them (HS codes 72-83) - 6.95% of US total exports to Laos (10.77% in 2014);
  • Chemical products (HS codes 28-40) - 5.88% of US total exports to Laos (14.96% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.60% of US total exports to Laos (7.33% in 2014).

The largest gains in US exports to Laos in 2015 over 2014 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) - an increase of $2,094.2 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $1,221.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,053.2 thousand;
  • Man-made staple fibers (HS code 55) - an increase of $547.6 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - an increase of $244.9 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $141.3 thousand.

The largest declines in US exports to Laos in 2015 over 2014 were recorded for the following product groups:

  • Pharmaceutical products (HS code 30) - a decrease of $2,353.8 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 $992.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $890.0 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $808.7 thousand;
  • Other base metals; cermets; articles thereof (HS code 81) - a decrease of $711.5 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $657.3 thousand;
  • Iron and steel (HS code 72) - a decrease of $470.3 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $313.4 thousand;
  • Cereals (HS code 10) - a decrease of $305.4 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $254.9 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $180.4 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $177.5 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $173.0 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $160.6 thousand;
  • Organic chemicals (HS code 29) - a decrease of $143.4 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $124.8 thousand;
  • Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - a decrease of $93.2 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $76.3 thousand.
US exports to Laos in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
01 Live animals 0.0 0.00 4.0-100.00
02 Meat and edible meat offal 0.0 0.00 21.0-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 112.9 0.46 273.5-58.72
07 Edible vegetables and certain roots and tubers 40.6 0.17 55.3-26.51
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 173.0-100.00
10 Cereals 356.3 1.45 661.6-46.15
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 9.6 0.04 70.1-86.30
13 Lac; gums, resins and other vegetable saps and extracts 256.0 1.04 11.12,202.44
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 254.9-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 66.3-100.00
21 Miscellaneous edible preparations 89.0 0.36 269.4-66.97
22 Beverages, spirits and vinegar 125.0 0.51 168.4-25.76
23 Residues and waste from the food industries; prepared animal feed 141.3 0.57 0.0
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 60.1-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 10.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 44.0 0.18 20.0119.70
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 49.2 0.20 24.1104.09
29 Organic chemicals 0.0 0.00 143.4-100.00
30 Pharmaceutical products 1,184.6 4.82 3,538.4-66.52
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 64.4-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 26.7 0.11 103.0-74.12
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 26.0 0.11 20.228.36
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 93.2-100.00
38 Miscellaneous chemical products 95.2 0.39 58.861.92
39 Plastics and articles thereof 37.9 0.15 215.4-82.41
40 Rubber and articles thereof 25.2 0.10 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 9.6 0.04 12.5-23.11
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 46.9 0.19 0.0
52 Cotton 40.1 0.16 0.0
55 Man-made staple fibers 1,881.8 7.65 1,334.141.05
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 25.4-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 3.2-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 8.7 0.04 0.0
64 Footwear, gaiters and the like; parts of such articles 8.4 0.03 0.0
65 Headgear and parts thereof 0.0 0.00 10.8-100.00
70 Glass and glassware 8.5 0.03 51.4-83.48
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 7,485.0 30.45 5,390.838.85
72 Iron and steel 380.0 1.55 850.3-55.31
73 Articles of iron or steel 40.8 0.17 21.986.55
75 Nickel and articles thereof 0.0 0.00 3.8-100.00
76 Aluminum and articles thereof 0.0 0.00 55.6-100.00
78 Lead and articles thereof 20.0 0.08 0.0
81 Other base metals; cermets; articles thereof 1,142.1 4.65 1,853.6-38.38
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 108.9 0.44 233.8-53.40
83 Miscellaneous articles of base metal 16.2 0.07 49.2-67.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,096.0 20.73 4,042.926.05
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 958.5 3.90 1,951.4-50.88
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,442.9 5.87 2,100.2-31.30
88 Aircraft, spacecraft, and parts thereof 1,790.5 7.28 569.0214.68
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 837.7 3.41 1,727.6-51.51
92 Musical instruments; parts and accessories of such articles 3.9 0.02 2.933.29
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 24.5-100.00
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 0.0 0.00 49.3-100.00
95 Toys, games and sports requisites; parts and accessories thereof 288.0 1.17 601.4-52.11
96 Miscellaneous manufactured articles 19.0 0.08 0.0
99 Commodities not specified according to kind 331.1 1.35 1,139.8-70.95

US Imports from Laos

The major share of US imports from Laos in 2015 (and in 2014) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 27.40% of US total imports from Laos (16.90% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 20.94% of US total imports from Laos (29.85% in 2014);
  • Precious metals and stones (HS code 71) - 20.53% of US total imports from Laos (14.49% in 2014);
  • Metals and products from them (HS codes 72-83) - 12.87% of US total imports from Laos (21.04% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.81% of US total imports from Laos (14.59% in 2014);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.26% of US total imports from Laos (1.31% in 2014);
  • Wood and wood products (HS codes 44-49) - 1.01% of US total imports from Laos (0.61% in 2014).

The largest gains in US imports from Laos in 2015 over 2014 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $6,440.4 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) - an increase of $4,757.8 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $1,311.9 thousand;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $1,273.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,095.5 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $723.5 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $261.2 thousand;
  • Other base metals; cermets; articles thereof (HS code 81) - an increase of $223.6 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $181.8 thousand.

The largest declines in US imports from Laos in 2015 over the 2014 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $1,854.0 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $1,345.7 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $171.8 thousand.
US imports from Laos in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
09 Coffee, tea, maté and spices 5,621.2 11.80 4,347.629.29
10 Cereals 91.8 0.19 84.98.11
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 171.8-100.00
13 Lac; gums, resins and other vegetable saps and extracts 66.6 0.14 157.6-57.77
20 Preparations of vegetables, fruit, nuts or other parts of plants 7.7 0.02 0.0
21 Miscellaneous edible preparations 23.5 0.05 66.3-64.64
22 Beverages, spirits and vinegar 290.4 0.61 221.731.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 9,563.4 20.08 3,123.0206.23
31 Fertilizers 109.7 0.23 10.6934.81
39 Plastics and articles thereof 2,336.0 4.91 2,402.2-2.76
40 Rubber and articles thereof 1,039.2 2.18 315.7229.14
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 35.3 0.07 55.2-35.94
44 Wood and articles of wood; wood charcoal 466.7 0.98 205.6127.05
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13.0 0.03 3.9229.02
50 Silk 56.2 0.12 26.3113.89
52 Cotton 0.3 0.00 0.4-7.65
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 1.5-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 9.2 0.02 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 6,865.4 14.42 8,719.4-21.26
62 Articles of apparel and clothing accessories, not knitted or crocheted 2,885.8 6.06 1,573.983.36
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 4.5 0.01 0.5843.43
64 Footwear, gaiters and the like; parts of such articles 150.6 0.32 10.71,311.36
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 9,774.8 20.53 5,017.094.83
73 Articles of iron or steel 5,861.1 12.31 7,206.8-18.67
74 Copper and articles thereof 0.0 0.00 5.1-100.00
81 Other base metals; cermets; articles thereof 264.8 0.56 41.2543.03
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 28.9-100.00
83 Miscellaneous articles of base metal 2.7 0.01 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 2.8 0.01 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,550.3 3.26 454.8240.88
91 Clocks and watches and parts thereof 3.9 0.01 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 8.2 0.02 12.1-31.96
96 Miscellaneous manufactured articles 27.1 0.06 30.4-10.89
97 Works of art, collectors’ pieces and antiques 3.1 0.01 15.5-80.36
99 Commodities not specified according to kind 486.2 1.02 304.459.71
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce