- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
India and Lao PDR cooperate in many multi-lateral and regional fora
Indian entrepreneurs committed a combined US$950m in plantation, iron ore and agar wood
US$4.1mn sanctioned for restoration of an ancient Shiva temple, a UNESCO world heritage site at Vat Phu
Many projects in power and irrigation sector in Laos have been supported through Indian Lines of Credit
India accorded Duty Free Tariff Preference Scheme to Lao People's Democratic Republic (PDR)
US$ 0.80mn
value of Lao imports from India in 2021-22
US$ 15.45mn
bilateral trade value for 2021-2022
500+
Overseas Indians living in Laos
A fast growing
Asian nation in terms of GDP
Strong
exports and services sector
Strategic location
Laos borders five other nations, making it an ideal transport hub in the ASEAN region
Vast reserves
of natural resources such as gold, copper, zinc, lead and hydro-electric potential
SEZs
across Laos with new infrastructure, commercial facilities and tax incentives for priority sectors offers opportunities
India's Exports and Imports to Laos
Source: Department of Commerce
Dated: 06/02/2023
Values in US $ Millions
Country / Region: LAO PD RP
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 25.00 | 39.38 | 25.08 | 27.34 | 14.65 |
| 2. | %Growth | 57.49 | -36.31 | 8.99 | -46.39 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| 6. | IMPORT | 168.63 | 1.04 | 3.09 | 1.70 | 0.80 |
| 7. | %Growth | -99.39 | 198.87 | -45.09 | -52.88 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 |
| 11. | TOTAL TRADE | 193.64 | 40.41 | 28.18 | 29.03 | 15.45 |
| 12. | %Growth | -79.13 | -30.28 | 3.05 | -46.77 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| 16. | TRADE BALANCE | -143.63 | 38.34 | 21.99 | 25.64 | 13.85 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Ministry of Planning and Investment Investment Promotion Department
+856 21 217012
Ministry of Planning and Investment Souphanouvong Avenue
Embassy of India, Vientiane
00-856-21-352301 to 352303
No. 125, Unit 7, Ban Saphanthong (Kang)
PO Box No.225, Sisattanak District, Vientiane
