Indonesia's trade in goods with Laos reached US$45.54 million in 2021, according to the United Nations Comtrade database. This trade value decreased by 3.83% (year-on-year) from the previous year.
In 2021, Laos contributed 0.01% to Indonesia's total trade in goods, placing it outside the list of major trading partners.
In that year, Indonesia recorded a trade deficit with Laos of US$30.39 million. This deficit was smaller than the US$37.17 million deficit in the previous year.
Indonesia exported goods to Laos worth US$7.57 million in 2021, marking a year-on-year growth of 48.69%. The following are the five main commodities exported by Indonesia to Laos:
1. Mechanical shovels or excavators;
2. Insulated electric conductors;
3. Woven fabrics;
4. Vehicles; and
5. Cosmetic and toilet preparations.
On the other hand, the value of goods imported from Laos decreased by 10.17% (year-on-year) to US$37.96 million in 2021. The following are the five main commodities imported by Indonesia from Laos:
1. Fertilizers;
2. Electrical transformers;
3. Cameras;
4. Communication equipment; and
5. Cigarettes.