Laos’ trade value with China and the other nine Asean countries is increasing. Laos’ imports from China had a value of about 2.94 billion dollars in the four years from 2013-2016. The value has increased considerably each year and last year it stood at over 769.7 million dollars, up from about 581 million dollars in 2013.

There were about 110 types of import products with the main ones being electronic goods followed by vehicles, steel, paper and spare parts.

Laos’ exports to China were about 372.5 million dollars in 2013 and soared to over 1.13 billion dollars last year. The total value was around 3.25 billion dollars in the four years from 2013-2016 from 112 types of export products, mainly copper, crops, rubber, furniture and ores.

Laos also has made progress in its trade value with the other nine Asean countries.

The value of Laos’ exports was 2.65 billion dollars last year, up from about two billion dollars in 2013. The four years from 2013-2016 saw a total value of more than 9.11 billion dollars.

In these four years, Laos exported the highest value of goods to Thailand, followed by Vietnam and Cambodia. The main exports are electricity, copper, spare parts, crops, garments, drinks, rubber, livestock, sugar, furniture and ores.

In terms of imports to Laos from the nine Asean countries, the bulk of the imports came from Thailand, followed by Vietnam and Indonesia.

The main imported products were electronic goods, fuel, vehicles, drinks, spare parts, steel, cotton, plastics and food.