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Pricing

2022
Exports $18.4kWorld Rnk 174 / 194
Flag Rnk 79 / 94
2022
Destination $9.44k Austria
2021 - 2022
FASTEST GROWING MARKET $9.44kAustria
2022
PRODUCT COMPLEXITY IN Railway and trams1.48Rnk 58 / 1025
2022
Imports $86.4MWorld Rnk 55 / 217
Flag Rnk 21 / 96
2022
Origin $24.2M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $24.2MThailand
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $18.4k in Railway and trams, making it the 174th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 79th most exported product in Laos. The main destination of Railway and trams exports from Laos are: Austria ($9.44k) and Thailand ($8.95k).

The fastest growing export markets for Railway and trams of Laos between 2021 and 2022 were Austria ($9.44k).

Imports In 2022, Laos imported $86.4M in Railway and trams, becoming the 55th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 21st most imported product in Laos. Laos imports Railway and trams primarily from: Thailand ($51.4M), China ($34.9M), Vietnam ($49.8k), United States ($17.5k), and South Korea ($9.02k).

The fastest growing import markets in Railway and trams for Laos between 2021 and 2022 were Thailand ($24.2M), Vietnam ($35.6k), and France ($1.01k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Railway and trams. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.4k
IMPORTS (2022)$86.4M
NET TRADE (2022)-$86.4M

In 2022, Laos exported $18.4k in Railway and trams. The main destinations of Laos exports on Railway and trams were Austria ($9.44k) and Thailand ($8.95k).

In 2022, Laos imported $86.4M in Railway and trams, mainly from Thailand ($51.4M), China ($34.9M), Vietnam ($49.8k), United States ($17.5k), and South Korea ($9.02k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Laos WERE (2021 - 2022):Austria$9.44k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Laos WERE (2021 - 2022):
Maldives-$3.74k (-100%)
Japan-$1.94k (-100%)
Thailand-$193 (-2.11%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Railway and trams were:
China $9.83B
United States $3.41B
Germany $3.35B
In 2022, Laos's main importing competitors in Railway and trams were:
United States $4.08B
Germany $3.47B
Canada $1.66B

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $13k
TOP IMPORT POTENTIALVietnam+ $106k

Railway and trams’s highest export potential is Thailand. With an export gap of $13k.   Railway and trams’s highest import potential is Vietnam with an import gap of $106k.

See methodology.

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