US trade with Laos in the first nine months of 2017

Published or Updated: Apr 09, 2018

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

US Trade with Laos

In the first nine months of 2017, US trade with Laos totaled $90.4 million, up 52.83% ($31.2 million) from the first nine months of 2016.

US exports to Laos in the first nine months of 2017 were $18.3 million, down 8.54% ($1.7 million) from the first nine months of 2016.

US imports from Laos in the first nine months of 2017 totaled $72.1 million, up 84.10% ($32.9 million) from the first nine months of 2016.

US trade deficit with Laos in the first nine months of 2017 was $53.9 million, a 180.31% increase ($34.7 million) over the first nine months of 2016.

Laos was the US 158th largest trading partner in the first nine months of 2017 (up from 165th in the first nine months of 2016), accounting for 0.0031% of US total trade (up from 0.0023% in the first nine months of 2016).

Laos was the US 176th largest export market in the first nine months of 2017 (down from 175th in the first nine months of 2016), accounting for 0.0016% of US total exports (down from 0.0019% in the first nine months of 2016).

Laos was the US 125th largest supplier in the first nine months of 2017 (up from 136th in the first nine months of 2016), accounting for 0.0041% of US total imports (up from 0.0025% in the first nine months of 2016).

US Exports to Laos

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.33% of US total exports to Laos (26.68% in the first nine months of 2016);
  • Precious metals and stones (HS code 71) - 21.58% of US total exports to Laos (22.44% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 3.63% of US total exports to Laos (2.10% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.52% of US total exports to Laos (40.08% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.16% of US total exports to Laos (3.49% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 1.39% of US total exports to Laos (0.94% in the first nine months of 2016).

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6,041.3 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $864.1 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $151.1 thousand;
  • Cotton (HS code 52) - an increase of $118.3 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;
  • Miscellaneous edible preparations (HS code 21) - an increase of $91.3 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;
  • Other base metals; cermets; articles thereof (HS code 81) - an increase of $64.4 thousand.

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

  • Man-made staple fibers (HS code 55) - a decrease of $7,396.5 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 $575.9 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 $539.9 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $316.0 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $198.7 thousand;
  • Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery (HS code 58) - a decrease of $158.9 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 $61.8 thousand.
US exports to Laos in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of exports
in first 9 months 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 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 0.30 0.0
09 Coffee, tea, maté and spices 0.0 0.00 20.5-100.00
10 Cereals 151.7 0.83 148.91.85
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 0.61 82.235.65
21 Miscellaneous edible preparations 91.3 0.50 0.0
22 Beverages, spirits and vinegar 168.0 0.92 136.822.80
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 198.7-100.00
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 0.01 56.8-95.44
29 Organic chemicals 105.1 0.58 95.310.20
30 Pharmaceutical products 25.0 0.14 86.8-71.17
31 Fertilizers 25.6 0.14 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 28.8 0.16 13.1119.17
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 0.09 10.655.41
35 Albuminoidal substances; modified starches; glues; enzymes 80.6 0.44 3.82,021.58
38 Miscellaneous chemical products 91.0 0.50 51.477.04
39 Plastics and articles thereof 224.5 1.23 73.4205.91
40 Rubber and articles thereof 66.5 0.36 81.0-17.97
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3.0 0.02 0.0
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 0.10 0.0
52 Cotton 118.3 0.65 0.0
55 Man-made staple fibers 415.9 2.28 7,812.4-94.68
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 0.00 158.9-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 102.2 0.56 0.0
60 Knitted or crocheted fabrics 0.0 0.00 21.2-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 3.3-100.00
64 Footwear, gaiters and the like; parts of such articles 6.0 0.03 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3,939.6 21.58 4,479.5-12.05
73 Articles of iron or steel 19.6 0.11 23.0-14.53
75 Nickel and articles thereof 6.7 0.04 0.0
81 Other base metals; cermets; articles thereof 167.5 0.92 103.162.44
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 21.8 0.12 37.2-41.36
83 Miscellaneous articles of base metal 38.5 0.21 24.060.30
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,770.0 42.56 1,728.7349.47
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 406.4 2.23 982.3-58.63
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,042.0 11.19 1,177.973.36
88 Aircraft, spacecraft, and parts thereof 525.3 2.88 841.3-37.56
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 634.7 3.48 594.16.82
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 0.48 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 34.5 0.19 5.5531.78
95 Toys, games and sports requisites; parts and accessories thereof 324.4 1.78 367.0-11.61
96 Miscellaneous manufactured articles 12.1 0.07 39.7-69.39
99 Commodities not specified according to kind 315.2 1.73 343.2-8.14

US Imports from Laos

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.79% of US total imports from Laos (8.47% in the first nine months of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 12.13% of US total imports from Laos (14.63% in the first nine months of 2016);
  • Precious metals and stones (HS code 71) - 10.75% of US total imports from Laos (32.92% in the first nine months of 2016);
  • Metals and products from them (HS codes 72-83) - 5.90% of US total imports from Laos (12.00% in the first nine months of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.13% of US total imports from Laos (10.14% in the first nine months of 2016);
  • Chemical products (HS codes 28-40) - 1.92% of US total imports from Laos (19.56% in the first nine months of 2016).

The largest gains in US imports from Laos in the first nine months of 2017 over the first nine months 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 $41,070.3 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $1,471.9 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $1,437.4 thousand;
  • Commodities not specified according to kind (HS code 99) - an increase of $927.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $634.1 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $256.9 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 nine months of 2017 over the first nine months of 2016 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) - a decrease of $5,969.6 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 $5,142.6 thousand;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $1,249.0 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $523.8 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $448.7 thousand.
US imports from Laos in the first nine months of 2017 by product groups
HS
code
Name of product group Value
of imports
in first 9 months 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first 9 months 2016
(USD thousand)
Change
in first 9 months 2017
over first 9 months 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 207.5 0.29 34.9493.98
09 Coffee, tea, maté and spices 2,447.8 3.39 3,696.8-33.79
10 Cereals 17.3 0.02 54.8-68.40
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 120.8 0.17 0.0
13 Lac; gums, resins and other vegetable saps and extracts 36.0 0.05 31.414.56
21 Miscellaneous edible preparations 0.0 0.00 27.5-100.00
22 Beverages, spirits and vinegar 149.1 0.21 125.219.12
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 59.2 0.08 6,028.7-99.02
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 1,063.1 1.47 1,587.0-33.01
40 Rubber and articles thereof 256.9 0.36 0.0
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 33.4-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 52.0 0.07 40.927.22
44 Wood and articles of wood; wood charcoal 115.5 0.16 168.5-31.47
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 5.2 0.01 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2.9 0.00 44.8-93.44
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.1 0.01 0.0
50 Silk 21.8 0.03 9.0142.36
52 Cotton 0.6 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 75.8 0.11 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 9.8 0.01 0.0
60 Knitted or crocheted fabrics 34.8 0.05 2.61,226.40
61 Articles of apparel and clothing accessories, knitted or crocheted 3,845.0 5.33 3,869.7-0.64
62 Articles of apparel and clothing accessories, not knitted or crocheted 2,838.5 3.94 1,366.5107.71
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 7.4 0.01 1.9286.03
64 Footwear, gaiters and the like; parts of such articles 1,918.6 2.66 481.2298.73
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 7,752.7 10.75 12,895.3-39.88
73 Articles of iron or steel 4,249.4 5.89 4,698.1-9.55
81 Other base metals; cermets; articles thereof 6.7 0.01 2.8138.20
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 240.9 0.33 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 43,146.9 59.82 2,076.61,977.72
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 23.1 0.03 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,874.4 2.60 1,240.351.12
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 65.8 0.09 47.538.46
96 Miscellaneous manufactured articles 40.5 0.06 32.723.99
97 Works of art, collectors’ pieces and antiques 37.8 0.05 68.5-44.74
99 Commodities not specified according to kind 1,389.2 1.93 461.9200.76
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce