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Lao PDR: Merchandise exports by the reporting economy (current US$)

In , Lao PDR's Merchandise exports by the reporting economy (current US$) was $8.28 billion.

That's up 2.5% from 2022, the highest value on record.

The global average for this indicator in 2023 was $111.31 billion . Lao PDR ranks #100 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #18 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2004–2023)

Lao PDR Merchandise exports by the reporting economy (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$8.28B
Trough
$1.08B
1-year change
+2.5%
5-year change
+42.3%
+7.3% / yr
10-year change
+148.4%
+9.5% / yr

Historical Data — Last 10 Years

Year Merchandise exports by the reporting economy (current US$)
8.277B
8.079B
6.708B
5.086B
5.809B
5.815B
4.910B
3.611B
2.856B
2.922B

About Merchandise exports by the reporting economy (current US$)

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Indicator code: TX.VAL.MRCH.WL.CDCategory: Trade & Finance

Frequently asked questions

What was Lao PDR's Merchandise exports by the reporting economy (current US$) in 2023?
In 2023, Lao PDR's Merchandise exports by the reporting economy (current US$) was $8.28 billion, according to World Bank Open Data.
Is Lao PDR's Merchandise exports by the reporting economy (current US$) rising or falling?
Lao PDR's Merchandise exports by the reporting economy (current US$) rose 2.5% from 2022 to 2023.
How does Lao PDR rank globally on Merchandise exports by the reporting economy (current US$)?
In 2023, Lao PDR ranked #100 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).
How does Lao PDR's Merchandise exports by the reporting economy (current US$) compare to the world average?
The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so Lao PDR is below the world average. Within East Asia & Pacific, it ranks #18 of 36.
What is Merchandise exports by the reporting economy (current US$) and how is it measured?
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.
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Source: World Bank Open Data (TX.VAL.MRCH.WL.CD), CC BY 4.0.