Country import demand

Laos
import demand

A reported view of Laos's import scale, sector demand, supplier breadth, economy, and trade history.

LAO1995-2024 coverage270 active partner marketsEconomy and income contracted
Latest imports$9.6B2024 reported
Import growth+11.3%Year on year
Population7.8MReported population
GDP per capita$2.1KCurrent-dollar GDP
Trade openness94.9%Exports + imports / GDP

The country import read

What does Laos import?

In 2024, Laos recorded $9.6B in reported imports. Imports changed +11.3% year on year and +13.6% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$6.2B
2014
$6.6B
2015
$5.9B
2016
$5.6B
2017
$6.4B
2018
$6.9B
2019
$6.7B
2020
$5.8B
2021
$6.6B
2022
$8.3B
2023
$8.7B
2024
$9.6B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$16.5B2024 macro context
GDP growth-2.5%Five-year CAGR
Population growth1.4%Five-year CAGR
Investment rate29.4%National rate
Savings rate15%National rate
Trade openness94.9%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Laos
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$1.6B16.5%3533
2Electrical machineryHS2 85$777.7M8.1%76262
3FertilisersHS2 31$182.1M1.9%1324
4Ores, slag and ashHS2 26$7.9M0.1%2422
5Precious stones and metalsHS2 71$201.6M2.1%2233
6RubberHS2 40$132.2M1.4%4874
7Inorganic chemicalsHS2 28$134.7M1.4%37135
8Wood and wood articlesHS2 44$108.2M1.1%2783
9VegetablesHS2 07$33.2M0.3%1660
10Paper and paperboardHS2 48$115.0M1.2%42100

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration2,163Partner HHI
Top 3 partner share71.9%Reported concentration
FTA partner markets19Reported count
Average distance9,210 kmCalculated average
Macro resilienceEconomy and income contractedCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3LAO
Exports Usd$9.3B
Imports Usd$9.6B
Trade Balance Usd-$355.5M
Yoy Exports Growth Pct11.6%
Yoy Imports Growth Pct11.3%
Exports Cagr 3y Pct5.1%
Imports Cagr 3y Pct13.6%
Export Partner Hhi2,163
Export Product Hhi929.3
Momentum Score9.6
Risk Score15.5
Gdp Million Usd16,502.9 million USD
Gdp Per Capita Usd$2.1K
Population7,769,819
Labor Force4,187.2
Investment Rate Pct29.4%
Savings Rate Pct15%
Secondary Education Pct51.6%
Tertiary Education Pct9.9%
Total Factor Productivity301.6
Trade Openness Pct94.9%
Exports Gdp Pct46.6%
Num Active Partners270
Num Fta Partners19
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners6%
Num Shared Language Partners0%
Avg Partner Distance Km9,210 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta7
Pct Partners Shared Language0%
Pct Partners Shared Border2.2%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km9,372 km
Num Border Partners130
Num Colonial Partners25
Avg Substitution Elasticity-8.1
Pct Products High Elasticity64.5
Pct Products Low Elasticity5
Real Market Potential26,225
Foreign Market Potential10,569.9

Supplier context

Country Iso3LAO
All History Lane Count2,372
Current Lane Count988
Critical Lane Count11
High Attention Lane Count248
High Volatility Lane Count542
Unrecovered Drawdown Lane Count297
Declining Demand Lane Count7
Concentrated Market Lane Count427
Access Friction Lane Count489
Buyer Macro Weakness Lane Count171
Monitored Exports Current Usd$8.8B
Attention Exports Usd$6.8B
Critical Exports Usd$574.8M
High Volatility Exports Usd$4.5B
Unrecovered Drawdown Exports Usd$1.5B
Non Fta Exports Usd$1.5B
Monitored Attention Share Pct76.5%
Monitored Critical Share Pct6.5%
Fta Covered Exports Share Pct82.7%
Export Weighted Volatility Cv1.1
Export Weighted Below Peak Pct16.2%
Export Weighted Distance Km3,398 km
Export Weighted Tariff Pct0.2%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$9.3B
Total Imports Latest Usd$9.6B
Trade Balance Latest Usd-$355.5M
Exports Yoy Latest Pct11.6%
Exports Cagr 3y Latest Pct5.1%
Gdp Latest Million Usd16,502.9 million USD
Gdp Per Capita Latest Usd$2.1K
Population Latest7,769,819
Investment Rate Latest Pct29.4%
Savings Rate Latest Pct15%
Trade Openness Latest Pct94.9%
Exports Gdp Latest Pct46.6%
Active Partners Latest270
Fta Partners Latest19
Foreign Market Potential Latest10,569.9
Gdp 5y Cagr Pct-2.5%
Gdp Per Capita 5y Cagr Pct-3.9%
Population 5y Cagr Pct1.4%
Partner Hhi Latest2,163
Partner Top1 Share Latest Pct32.3%
Partner Top3 Share Latest Pct71.9%
Partner Hhi All Avg2,081.2
Partner Hhi All Max3,339.8
Product Hhi Latest929.3
Product Top1 Share Latest Pct27.1%
Product Top3 Share Latest Pct40.8%
Product Hhi All Avg829.4
Product Hhi All Max1,574.2
Total Exports Attention Share Pct72.9%
Total Exports Critical Share Pct6.2%
Attention LevelHigh attention
Primary Risk DriverHigh trade volatility
Macro Resilience LabelEconomy and income contracted

Annual import history

YearImportsExportsBalanceImports YoY
1995$594.4M$282.1M-$312.4M+0%
1996$594.4M$321.3M-$273.1M-0%
1997$582.1M$285.1M-$296.9M-2.1%
1998$535.8M$220.6M-$315.2M-7.9%
1999$600.2M$263.8M-$336.4M+12%
2000$599.3M$341.8M-$257.5M-0.2%
2001$647.6M$313.5M-$334.0M+8.1%
2002$638.1M$318.4M-$319.8M-1.5%
2003$718.6M$346.8M-$371.8M+12.6%
2004$955.1M$395.6M-$559.5M+32.9%
2005$1.1B$651.3M-$463.9M+16.8%
2006$1.5B$1.2B-$317.1M+31.6%
2007$1.9B$1.2B-$683.7M+28.3%
2008$2.5B$1.5B-$1.0B+34.1%
2009$2.1B$1.6B-$559.2M-16%
2010$3.0B$2.5B-$518.7M+40.5%
2011$3.9B$3.1B-$758.1M+31.2%
2012$4.9B$3.2B-$1.7B+24.8%
2013$6.2B$4.6B-$1.6B+26.8%
2014$6.6B$4.5B-$2.1B+6.4%
2015$5.9B$4.2B-$1.7B-9.7%
2016$5.6B$3.9B-$1.7B-6.1%
2017$6.4B$5.0B-$1.4B+14.4%
2018$6.9B$5.8B-$1.1B+7.8%
2019$6.7B$6.0B-$743.2M-2.2%
2020$5.8B$5.9B$52.0M-13.1%
2021$6.6B$8.0B$1.4B+12.3%
2022$8.3B$9.9B$1.6B+26.3%
2023$8.7B$8.3B-$341.5M+4.5%
2024$9.6B$9.3B-$355.5M+11.3%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$1.6B16.5%3533
285Electrical machinery$777.7M8.1%76262
331Fertilisers$182.1M1.9%1324
426Ores, slag and ash$7.9M0.1%2422
571Precious stones and metals$201.6M2.1%2233
640Rubber$132.2M1.4%4874
728Inorganic chemicals$134.7M1.4%37135
844Wood and wood articles$108.2M1.1%2783
907Vegetables$33.2M0.3%1660
1048Paper and paperboard$115.0M1.2%42100

Questions about this profile

Laos import demand, in context

Short answers for import and supplier research.

What does the Laos import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Laos.

What is the latest reported import value for Laos?

Laos recorded $9.6B in reported imports in 2024.

Which sectors lead Laos's imports?

Mineral fuels leads by reported import value at $1.6B.

How many years of Laos import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.