Balanced international merchandise trade statistics (BIMTS) in Lao People's Democratic Republic
Lao People's Democratic Republic: Balanced international merchandise trade statistics (BIMTS) was 0.0763 US dollars, exchange rate converted in 2023. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) in Lao People's Democratic Republic, 2008–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Lao People's Democratic Republic recorded 0.0763 US dollars, exchange rate converted for balanced international merchandise trade statistics (bimts) in 2023.
The figure is down 74.8% on the previous year and up 162.1% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in Lao People's Democratic Republic peaked at 0.3025 US dollars, exchange rate converted in 2022 and was at its lowest, 0.0291 US dollars, exchange rate converted, in 2008.
Lao People's Democratic Republic ranks 62nd of 96 countries on this measure, in the middle of the range.
Balanced international merchandise trade statistics (BIMTS) in Lao People's Democratic Republic, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2008 | 0.0291 US dollars, exchange rate converted | — |
| 2020 | 0.192 US dollars, exchange rate converted | +559.5% |
| 2021 | 0.1426 US dollars, exchange rate converted | -25.7% |
| 2022 | 0.3025 US dollars, exchange rate converted | +112.1% |
| 2023 | 0.0763 US dollars, exchange rate converted | -74.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0291 US dollars, exchange rate converted | 0.0291 US dollars, exchange rate converted | 0.0291 US dollars, exchange rate converted | 1 |
| 2020s | 0.1783 US dollars, exchange rate converted | 0.0763 US dollars, exchange rate converted | 0.3025 US dollars, exchange rate converted | 4 |
Countries ranked near Lao People's Democratic Republic
- 59 Czechia 0.1135 US dollars, exchange rate converted compare
- 60 Guyana 0.1105 US dollars, exchange rate converted compare
- 61 Bulgaria 0.0781 US dollars, exchange rate converted compare
- 63 Hungary 0.0706 US dollars, exchange rate converted compare
- 64 Nicaragua 0.0643 US dollars, exchange rate converted compare
- 65 Lebanon 0.0641 US dollars, exchange rate converted compare
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- GNI (current LCU), annual growth rate 13.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 19,299 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 44.87 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 2.12 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 0.7775 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 10.91 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1065 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 247.52 current US$ per person (2025)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in Lao People's Democratic Republic?
- Balanced international merchandise trade statistics (bimts) in Lao People's Democratic Republic was 0.0763 US dollars, exchange rate converted in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.3025 US dollars, exchange rate converted in 2022.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0291 US dollars, exchange rate converted in 2008.
- How does Lao People's Democratic Republic rank for balanced international merchandise trade statistics (bimts)?
- Lao People's Democratic Republic ranks 62nd out of 96 countries with data for 2023.
- Is balanced international merchandise trade statistics (bimts) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 162.1%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - HS2017-2D. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, covering around 98 products in HS2017 at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 4-digit and 6-digit levels of aggregation currently available via the Related Files (bottom of the page) and also in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level of aggregation. BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org