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Export Market

Laos

ISO: LA / LAO

Country Profile

Capital Vientiane
Population 7.6M
GDP $16.5B (2024)
GDP per Capita $2,124
Income Level Lower-Middle Income
Currency Lao kip (LAK ₭)
Language Lao
Timezone UTC+07:00
Region Asia · South-Eastern Asia

Trade Partners

Laos Exports To

  • China 39.0%
  • Thailand 34.0%
  • Australia 4.0%
  • USA 4.0%
  • Cambodia 2.0%

Key exports: electricity, fertilizers, gold, garments, paper (2023)

Laos Imports From

  • Thailand 58.0%
  • China 36.0%
  • Japan 1.0%
  • Singapore 1.0%
  • Germany 1.0%

Key imports: refined petroleum, cars, raw sugar, plastic products, trucks (2023)

Economic Overview

lower middle-income, industrial Southeast Asian economy; high inflation due to 2022 currency depreciation brought on by persistently high debt; new Laos-China railway and dry port; rising inequities; ongoing labor shortages

Government: communist party-led state

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Laos. Standard WTO terms apply.

Geographic Region

Asia Pacific

Trading Bloc Memberships

Laos is a member of the following trade agreements and economic blocs.

ASEAN Association of Southeast Asian Nations Economic Union RCEP Regional Comprehensive Economic Partnership Trade Agreement

Export Guidance

Relevant guidance for exporting to Laos.

Start Your Export Journey

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Also in This Region

🇦🇺 Australia FTA 🇧🇳 Brunei 🇰🇭 Cambodia 🇫🇯 Fiji FTA 🇮🇩 Indonesia 🇯🇵 Japan FTA 🇲🇾 Malaysia 🇲🇳 Mongolia

Official Resources

Government export support for Laos.

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