Market research

Wood in the rough market in Laos

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2020, the market volume for wood in the rough in Laos gradually declined from 4 684 thousand tons to 4 630 thousand tons. This period coincided with the country's engagement with the European Union on forest regulation enforcement and trade management under the FLEGT Action Plan, which introduced stricter compliance measures likely affecting harvesting and trade volumes.

The market surged to 5 606 thousand tons in 2021, driven primarily by a spike in imports reaching 1 027 thousand tons. Subsequently, in 2022 and 2023, the market volume stabilized at a higher level of around 4 800–4 900 thousand tons, remaining above pre-2021 figures.

By 2024, regulatory developments included the implementation of the ASEAN Harmonized Tariff Nomenclature 2022 affecting wood product classification and duties, and the launch of the Lao Global Futures Commodities Exchange providing a new trading platform. The continued EU partnership also supported sustainable wood processing and trade practices.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Laos
  1. 5.1.1. Annual dynamics of production in Laos in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Laos in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Laos, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Laos, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Laos in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Laos by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Laos in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Laos by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Laos, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Laos by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Laos in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Laos by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Laos in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Laos by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Laos, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Laos by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production wood in the rough in Laos

In kind, 2017-2020, K t

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

Wood in the rough production in Laos declined for the third consecutive year. In 2020, Laos produced 4 633 K t of wood in the rough, showing only a marginal fluctuation compared to the previous year.

Annual dynamics of production in Laos in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.5%)	(0.5%)	(0.5%)	(0.5%)

Source: SHEV.io

In value, 2017-2020, M $ US

In 2020, the output of wood in the rough in Laos was valued at 703 M $ US, representing a 24.6% decrease from the prior year. Between 2017 and 2020, production fell by 32.1%, which equates to an annualized decline of 12.1%. The largest increase occurred in 2019, at 4.1%.

Annual dynamics of production in Laos in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.5%)	4.1%	(24.6%)	(12.1%)

Source: SHEV.io

Exports wood in the rough from Laos

Exports in kind, t

The market exhibited significant volatility during this period. Exports reached their lowest point in 2018 at 88 t, then surged to a peak of 2 168 t in 2020, representing a 25-fold increase between these years. In 2020, Laos's volume of wood in the rough exports totaled 2 168 t, which is 208.2% higher than in 2019. The largest decline was recorded in 2018 at 55.1%, while the largest increase occurred in 2019 at 701.8%.

Annual dynamics of product's exports from Laos in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(55.1%)	701.8%	208.2%	123.0%

Source: SHEV.io

From 2017 to 2020, Vietnam consistently accounted for 82.8% of Laos's total exports in kind, indicating a high concentration on this market. The remaining share was distributed among other countries.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Laos in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market showed an unstable trend throughout the timeframe. Exports reached their minimum in 2018 at 17 K $ US and peaked in 2020 at 329 K $ US, with a 20-fold variation between these years. In 2020, foreign wood in the rough supplies from Laos reached 329 K $ US, marking a steep rise of 133.5% from the previous year. The largest decline was recorded in 2018 at 60.9%, while the largest increase occurred in 2019 at 739.1%.

Annual dynamics of product's exports from Laos in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(60.9%)	739.1%	133.5%	97.0%

Source: SHEV.io

From 2017 to 2020, Vietnam dominated Laos's exports in value terms, accounting for 88.2% of total flows. The remaining share was split among various smaller destinations.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Laos in value, 2017-2020

Source: SHEV.io

Imports wood in the rough to Laos

Imports in kind, t

There were noticeable fluctuations in market performance during this period. Imports peaked in 2018 at 3 017 t and fell to their lowest point in 2019 at 2 t, creating a 1 665-fold gap between these years. In 2019, imported wood in the rough volumes in Laos came to 2 t, amounting to a decline of 99.9% compared with 2018. The largest increase was recorded in 2018 at 15,126.0%.

Annual dynamics of product's imports to Laos in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	15 126.0%	(99.9%)	n/a	-

Source: SHEV.io

Throughout 2017 to 2020, Vietnam remained the almost exclusive supplier of wood in the rough to Laos, with a share of 97.8% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Laos in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Imports peaked in 2018 at 1 219 K $ US and sank to their lowest volume in 2017, with a top-to-bottom ratio of 164 times. In 2019, Laos imported a total of 12 K $ US of wood in the rough, indicating a reduction of 99.0% from 2018. The largest increase was recorded in 2018 at 16,257.6%.

Annual dynamics of product's imports to Laos in value, 2017-2020, K $ US