2022
Exports
$31.3kWorld Rnk 200 / 210
Flag Rnk 311 / 648
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$208MWorld Rnk 114 / 224
Flag Rnk 5 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $31.3k in Cars, making it the 200th largest exporter of Cars in the world. At the same year, Cars was the 311th most exported product in Laos. The main destination of Cars exports from Laos are: Philippines ($18.8k) and Lebanon ($12.5k).

The fastest growing export markets for Cars of Laos between 2021 and 2022 were Lebanon ($12.5k) and Philippines ($6.89k).

Imports In 2022, Laos imported $208M in Cars, becoming the 114th largest importer of Cars in the world. At the same year, Cars was the 5th most imported product in Laos. Laos imports Cars primarily from: Thailand ($126M), China ($32.8M), Japan ($21.7M), India ($6.52M), and South Korea ($4.63M).

The fastest growing import markets in Cars for Laos between 2021 and 2022 were China ($17.8M), South Korea ($1.11M), and Slovakia ($961k).

COMPANIES In 2023, leading companies such as Goya Foods (2) and Sierra Produce (1) were at the forefront of shipping Cars from Laos to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$31.3k
IMPORTS (2022)$208M
NET TRADE (2022)-$208M

In 2022, Laos exported $31.3k in Cars. The main destinations of Laos exports on Cars were Philippines ($18.8k) and Lebanon ($12.5k).

In 2022, Laos imported $208M in Cars, mainly from Thailand ($126M), China ($32.8M), Japan ($21.7M), India ($6.52M), and South Korea ($4.63M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Lebanon$12.5k (1%)
Philippines$6.89k (57.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Laos WERE (2021 - 2022):
Honduras-$314k (-100%)
Cape Verde-$20.7k (-100%)
Slovakia-$3.31k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Laos's main exporting competitors in Cars were:
In 2022, Laos's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.29k
TOP IMPORT POTENTIALChina+ $36.5M

Cars’s highest export potential is China. With an export gap of $1.29k.   Cars’s highest import potential is China with an import gap of $36.5M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with