Lao PDR | Merchandise exports (current US$)

Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Lao People's Democratic Republic
Records
63
Source
Lao PDR | Merchandise exports (current US$)
1960 1000000
1961 1000000
1962 1000000
1963 1000000
1964 1000000
1965 1000000
1966 1000000
1967 4000000
1968 6000000
1969 4000000
1970 7000000
1971 6000000
1972 4000000
1973 5000000
1974 10000000
1975 12000000
1976 12000000
1977 4000000
1978 3000000
1979 19000000
1980 28000000
1981 23000000
1982 40000000
1983 41000000
1984 44000000
1985 54000000
1986 55000000
1987 62000000
1988 63000000
1989 63000000
1990 79000000
1991 97000000
1992 133000000
1993 241000000
1994 301000000
1995 311000000
1996 323000000
1997 359000000
1998 370000000
1999 311000000
2000 330000000
2001 320000000
2002 301000000
2003 335000000
2004 363000000
2005 553000000
2006 882000000
2007 923000000
2008 1092000000
2009 1053000000
2010 1746000000
2011 2190000000
2012 2271000000
2013 2264000000
2014 2662000000
2015 3653000000
2016 4245000000
2017 4873000000
2018 5408000000
2019 5806000000
2020 6115000000
2021 7695000000
2022 8198000000

Lao PDR | Merchandise exports (current US$)

Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Lao People's Democratic Republic
Records
63
Source