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Mr. Geoffrey J Bannister, Mr. Manuk Ghazanchyan, and Theodore Pierre Bikoi

source data, statistical techniques to estimate the coefficients of freight and insurance, and the determination of the country of origin of exports. III. Sources of Trade Data for Lao, PDR There are multiple sources of data that can be used to calibrate Lao PDR trade flows . The paper uses five sources: (i) Lao PDR Ministry of Industry and Commerce (MOIC); (ii) Bank of Lao PDR (BOL); (iii) United Nations Commodity Trade Statistics (UN COMTRADE); (iv) IMF Direction of Trade Statistics (DOTS); and (v) bilateral trade data reported by the Vietnam General

Mr. Geoffrey J Bannister, Mr. Manuk Ghazanchyan, and Theodore Pierre Bikoi
This paper assesses external trade statistics in Lao PDR by looking at mirror statistics, and with reference to international experience in compilation and dissemination of external trade data. We find that exports could be underreported by 8 to 50 percent, while imports could be underreported by 30 to 70 percent, and the trade deficit could be 20 percent to 280 percent higher. Underreporting is concentrated in trade with major partners, including Thailand (17 percent of total trade), China (10 percent of total trade) and Vietnam (3 percent of total trade). On the export side, underreporting is concentrated in wood and wood products, while for imports it is concentrated in a much wider variety of products, including food, fuel, vehicles, machinery, chemical products, plastics and rubber, and construction materials. Possible sources and implications of these discrepancies are discussed.
Mr. Geoffrey J Bannister, Mr. Manuk Ghazanchyan, and Theodore Pierre Bikoi