NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $100MRnk 125 / 211
2023
Flag → Flag
Top Product $22.9MCars
2023
Flag → Flag
Exports $163MRnk 7 / 120
2023
Flag → Flag
Top Product $21.5MWood Charcoal
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Japan-Laos Trade: In 2023, Japan exported $100M to Laos. The main products that Japan exported to Laos were Cars ($22.9M), Buses ($14.9M), and Large Construction Vehicles ($5.51M). Over the past 5 years the exports of Japan to Laos have decreased at an annualized rate of 8.1%, from $153M in 2018 to $100M in 2023.

In 2023, Japan did not export any services to Laos.

Laos-Japan Trade: In 2023, Laos exported $163M to Japan. The main products that Laos exported to Japan were Wood Charcoal ($21.5M), Insulated Wire ($17.6M), and Leather Footwear ($15.6M). Over the past 5 years the exports of Laos to Japan have decreased at an annualized rate of 0.47%,  from $167M in 2018 to $163M in 2023.

In 2023, Laos did not export any services to Japan.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥1.23B and imported ¥1.77B from Laos, resulting in a negative trade balance of ¥536M. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-310M (-20.1%) from ¥1.54B to ¥1.23B, while imports decreased by ¥-262M (-12.9%) from ¥2.03B to ¥1.77B.

Trade In November 2024, the top exports of Japan to Laos were Cars (¥101M), Commodities not elsewhere specified (¥68.6M), Buses (¥63M), Knitted or crocheted fabrics of a... (¥30M), and Synthetic Filament Yarn Woven Fabric (¥11.2M). In November 2024 the top imports of Japan from Laos were Insulated Wire (¥247M), Hydrogen (¥216M), Wood Charcoal (¥213M), Coffee (¥210M), and Leather Footwear (¥181M).

Origins In November 2024 the exports of Japan were mainly from Kanagawa (¥352M), Aichi (¥332M), Hyōgo (¥204M), Osaka (¥156M), and Tokyo (¥99.7M), while imports destinations were mainly Tokyo (¥993M), Hyōgo (¥152M), Kanagawa (¥151M), Osaka (¥143M), and Aichi (¥129M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Laos was explained primarily by an decrease in product exports in Delivery Trucks (¥-144M or -96.3%), Cars (¥-71.1M or -41.3%), and Electrical Power Accessories (¥-8.4M or -49.5%). In November 2024, the decrease in Japan's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in Shaving Products (¥-62.6M or -44.5%), Electrical Transformers (¥-28.1M or -83%), and Other toys (¥-15.9M or -44.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-310M(-20.1%)
IMPORT GROWTH (November 2023 - November 2024)¥-262M(-12.9%)
MAIN EXPORTER (November 2024)Kanagawa¥352M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Laos and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Japan Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $100M to Laos. The main products exported from Japan to Laos were Cars ($22.9M), Buses ($14.9M), and Large Construction Vehicles ($5.51M). During the last 5 years the exports of Japan to Laos have decreased at an annualized rate of 8.1%, from $153M in 2018 to $100M in 2023.

In 2018, Laos exported $163M to Japan. The main products exported from Laos to Japan were Wood Charcoal ($21.5M), Insulated Wire ($17.6M), and Leather Footwear ($15.6M). During the last 5 years the exports of Laos to Japan have decreased at an annualized rate of 0.47%, from $167M in 2023 to $163M in 2018.

Exports from Japan (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Laos
Top DestinationChina$3.41B

This map shows whether countries import more from Japan or Laos. Each country is colored based on the difference in imports they receive from Japan and Laos or the difference in the growth in imports.

In 2023, countries that imported more from Japan than Laos included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, no countries were registered that imported more from Laos than from Japan.

Difference in imports from Laos (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Laos

Flow
Scale

This chart compares trade between Japan and Laos by product, considering products traded by both, Japan and Laos.

During 2023, Japan had a large net trade with Laos in the exports of Transportation ($44.3M), Machines ($16M), and Textiles ($9.81M).

During 2018, Laos had a large net trade with Japan in the exports of Textiles ($35.9M), Chemical Products ($29.4M), and Footwear and Headwear ($27.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Laos+$17.7MCars
Top Product Potential Laos Japan+$7.92MNon-Knit Men's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Laos. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Laos (Flag) (2023)

Keep Exploring

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