Increasing by 10% annually due to rising demand for electronics in Lao PDR
Special Rates
ASEAN Free Trade Area (AFTA)
0%
Applicable to goods originating from ASEAN member countries with proper Certificate of Origin (Form D)
Preferential Tariff under Bilateral Agreement
5%
Applicable under specific trade agreements with the United States, subject to rules of origin and documentation
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Laos Trade Agreement Boosts Electronics Sector
A new bilateral trade agreement between the United States and Lao People's Democratic Republic has reduced tariffs on electronic goods, including high-definition video displays exceeding 35.56 cm (HS Code: 8528.72). This is expected to increase exports of such products from Laos to the US.
2023-10-15
Impact: Positive impact on trade with reduced tariffs likely to increase import volumes of high-definition displays to the US from Laos.
Laos Increases Production Capacity for HD Displays
Lao manufacturers have ramped up production of high-definition video displays exceeding 35.56 cm to meet growing US demand, supported by favorable trade terms and investment in technology.
2023-09-20
Impact: Likely to strengthen Laos' position as a supplier of HD displays to the US market, boosting trade volumes.
US Importers Eye Laos for Cost-Effective HD Displays
American importers are increasingly sourcing high-definition video displays (HS Code: 8528.72) from Laos due to competitive pricing and improving quality standards, amidst diversifying supply chains away from traditional markets.
2023-08-05
Impact: Expected to enhance trade flows of HD displays between the US and Laos, with potential for long-term partnerships.
Policy Updates
US-Laos Tariff Reduction on Electronics
The US has implemented a tariff reduction on specific electronic goods, including high-definition video displays exceeding 35.56 cm (HS Code: 8528.72), as part of a broader trade agreement with Laos to foster economic cooperation.
Date: 2023-10-01
Laos Updates Export Incentives for Electronics
The Lao government has introduced new export incentives for manufacturers of electronic products, including HD video displays, to encourage trade with key partners like the United States.
