Top Exports To LaosTotal Exports To Laos: $7,383,718
|Rank||Commodity||Total YTD Exports|
|1||Diamonds, not mounted||$1,110,765|
|2||Beryllium, chromium, etc.||$1,037,433|
|4||Motor vehicles for transporting people||$499,035|
|5||Unwrought platinum in various forms||$493,046|
|6||Compressors and pumps||$318,277|
|7||Artificial filament tow||$290,327|
|8||Self-propelled heavy construction machinery||$258,450|
|10||Meteorological, hydaulic and survey equipment||$193,908|
Total Imports From LaosTotal Imports From Laos: $11,022,665
|1||Hydrogen, raw gases||$3,619,565|
|3||Misc. iron and steel articles||$1,217,582|
|4||Men's or boys' shirts, knitted or crocheted||$977,196|
|6||T-shirts, tank tops, knit or crocheted||$502,640|
|7||Imports of returned exports||$460,805|
|8||Natural or cultured pearls; precious, semiprecious||$275,176|
|9||Plastic boxes, containers||$261,108|
|10||Women's or girls' blouses & shirts, knit or croche||$126,919|
Top Laos Trading PartnersTotal Laos trade: $18,406,383
|3||New York City||$1,666,972|
Top US Trading PartnersTotal U.S. trade for all countries: $1,240,094,299,613
|Rank||Commodity||Total YTD Exports|
Laos’s trade rose to $18,406,383 through April
Laos’s trade with the United States rose to $18,406,383 through the first four months of 2013, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.78 percent above its total trade during the same time period last year. Laos’s exports decreased -33.98 percent while imports rose 72.67 percent. The U.S. deficit with Laos was $3,638,947.Through April, Laos’s top U.S. Customs districts for total imports and exports were No. 1 Los Angeles, No. 2 Baltimore, No. 3 New York City, No. 4 New Orleans and No. 5 St. Louis compared to last year when the top spots were held by No. 1 Los Angeles, No. 2 Anchorage, No. 3 St. Louis, No. 4 New York City and No. 5 Portland/Columbia-Snake River. In the current time period, the top five accounted for 24.94 percent of Laos’s U.S. trade.. That compares to 19.24 percent for the nation’s top five Customs districts during the same time period.
Taking a closer look at the leading U.S. gateways for U.S. trade with Laos,:
- Trade with No. 1 Los Angeles fell -10.93 percent to $7,468,933.
Exports fell -6.08 percent to $4,694,790. Imports fell -18.08 percent to $2,774,143.
- Trade with No. 2 Baltimore rose to $3,824,875.
Exports rose to $205,310. Imports rose to $3,619,565.
- Trade with No. 3 New York City rose 63.86 percent to $1,666,972.
Exports rose 118.51 percent to $941,189. Imports rose 23.73 percent to $725,783.
- Trade with No. 4 New Orleans rose 440.93 percent to $895,031.
Exports fell -6.09 percent to $122,159. Imports rose 2,084.61 percent to $772,872.
- Trade with No. 5 St. Louis fell -20.09 percent to $875,892.
Exports fell to $0. Imports fell -20.09 percent to $875,892.
Through April, 11 Customs districts posted trade surpluses with Laos while 16 had deficits. That compares with 16 surpluses and 11 deficits for the same period one year ago. The top surplus was with Los Angeles at $1,920,647, the largest deficit was with Baltimore at $-3,414,255.
Meanwhile, total U.S. trade with the world decreased to $1,240,094,299,613, down -0.88 percent compared to the same period last year. The nation’s exports climbed 0.32 percent to $4,038,186,093; imports dropped -1.20 percent to $-15,017,653,007. The nation’s top five countries so far this year, by value, are Canada, China, Mexico, Japan and Germany. The overall trade deficit climbed $-214,073,880,779, down compared to the same period of last year when the deficit was $-233,129,719,879.
The top five U.S. exports to Laos by value through April were diamonds, not mounted; beryllium, chromium, etc.; rice; motor vehicles for transporting people; and unwrought platinum in various forms, respectively. They accounted for 51.30 percent of total exports to Laos.
The value of the top five U.S. imports from Laos -- hydrogen, raw gases; jewelry, parts; misc. iron and steel articles; men's or boys' shirts, knitted or crocheted; and coffee -- accounted for 75.57 percent of all inbound shipments.
Looking more closely at U.S. exports to Laos:
- Diamonds, not mounted fell -35.17 percent compared to last year to $1,110,765.
- Beryllium, chromium, etc. rose 155.28 percent compared to last year to $1,037,433.
- Rice rose compared to last year to $647,253.
- Motor vehicles for transporting people fell -67.39 percent compared to last year to $499,035.
- Unwrought platinum in various forms rose 209.87 percent compared to last year to $493,046.
Looking more closely at U.S. imports from Laos
- Hydrogen, raw gases rose compared to last year to $3,619,565.
- Jewelry, parts rose 26.73 percent compared to last year to $1,772,940.
- Misc. iron and steel articles rose 353.78 percent compared to last year to $1,217,582.
- Men's or boys' shirts, knitted or crocheted rose 27.42 percent compared to last year to $977,196.
- Coffee rose compared to last year to $742,208.
In the latest annual figures available, Laos recorded $17,566,792 in trade with the United States. At year’s end, its top five Customs districts were Los Angeles, New York City, St. Louis, Anchorage and Portland/Columbia-Snake River. Total U.S. exports to Laos were $33,248,507 and imports from Laos were $25,041,805. The U.S. surplus with Laos was $8,206,702.