Export and Import Performance of Lao's Products
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Creator Piya Wongpit
Title Export and Import Performance of Lao's Products
Contributor Bounmy Inthakesone
Publisher Faculty of Economics, Chulalongkorn University
Publication Year 2560
Journal Title Southeast Asian Journal of Economics
Journal Vol. 5
Journal No. 1
Page no. 41-74
Keyword Economic integration, Trade performance, NRCA
URL Website http://www.econ.chula.ac.th/public/publication/journal/sajehome.php
Website title Southeast Asian Journal of Economics
ISSN 2465-5120
Abstract The objective of this paper is to identify key export products of Laos to the RCEP partners (ASEAN, China, Japan, Korea, Australia, New Zealand, and India) and to analyze import products which will affect domestic production. Export and import products of Laos were analyzed by using various trade indicators and trade data from International Trade Centre during 2010-2014. In addition, trade performance of the RCEP member countries were studied in order to compare them with the trade performance of Laos. The Normalized Revealed Comparative Advantage (NRCA) was applied to analyze the export performance of Laos and to compare with the RCEP members. The results of the study show that imports and exports accounted for only 30% of the 6,558 products under the HS code. Most of the products having comparative advantage were natural resources. The product having the highest NRCA was product code 740311 (pure gold).
Southeast Asian Journal of Economics

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