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2022
Flag → Flag
Exports $94.7MRnk 118 / 211
2022
Flag → Flag
Top Product $21.7MCars
2022
Flag → Flag
Exports $181MRnk 8 / 125
2022
Flag → Flag
Top Product $25.3MHydrogen
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Japan-Laos Trade: In 2022, Japan exported $94.7M to Laos. The main products that Japan exported to Laos were Cars ($21.7M), Large Construction Vehicles ($12.9M), and Float Glass ($8.15M). Over the past 5 years the exports of Japan to Laos have decreased at an annualized rate of 9.25%, from $154M in 2017 to $94.7M in 2022.

In 2022, Japan did not export any services to Laos.

Laos-Japan Trade: In 2022, Laos exported $181M to Japan. The main products that Laos exported to Japan were Hydrogen ($25.3M), Insulated Wire ($23.3M), and Coffee ($16.9M). Over the past 5 years the exports of Laos to Japan have increased at an annualized rate of 4.31%,  from $147M in 2017 to $181M in 2022.

In 2022, Laos did not export any services to Japan.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥803M and imported ¥1.78B from Laos, resulting in a negative trade balance of ¥976M. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-684M (-46%) from ¥1.49B to ¥803M, while imports increased by ¥244M (15.9%) from ¥1.54B to ¥1.78B.

Trade In August 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 August 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 August 2024 the exports of Japan were mainly from Kanagawa (¥236M), Hyōgo (¥155M), Aichi (¥155M), Hiroshima (¥86M), and Tokyo (¥78.1M), while imports destinations were mainly Tokyo (¥868M), Aichi (¥267M), Osaka (¥215M), Hyōgo (¥128M), and Chiba (¥115M).

Growth In August 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 August 2024, the increase in Japan's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Leather Footwear (¥137M or 310%), Non-Knit Men's Suits (¥127M or 1.56k%), and Insulated Wire (¥90.4M or 57.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥-684M(-46%)
IMPORT GROWTH (August 2023 - August 2024)¥244M(15.9%)
MAIN EXPORTER (August 2024)Kanagawa¥236M

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $94.7M to Laos. The main products exported from Japan to Laos were Cars ($21.7M), Large Construction Vehicles ($12.9M), and Float Glass ($8.15M). During the last 5 years the exports of Japan to Laos have decreased at an annualized rate of 9.25%, from $154M in 2017 to $94.7M in 2022.

In 2017, Laos exported $181M to Japan. The main products exported from Laos to Japan were Hydrogen ($25.3M), Insulated Wire ($23.3M), and Coffee ($16.9M). During the last 5 years the exports of Laos to Japan have increased at an annualized rate of 4.31%, from $147M in 2022 to $181M in 2017.

Exports from Japan (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Laos
Top DestinationThailand$3.29B

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 2022, countries that imported more from Japan than Laos included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, no countries were registered that imported more from Laos than from Japan.

Difference in imports from Laos (Flag) and Japan (Flag) (2022)

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 2022, Japan had a large net trade with Laos in the exports of Transportation ($31.9M), Machines ($24.6M), and Textiles ($9.09M).

During 2017, Laos had a large net trade with Japan in the exports of Chemical Products ($46.5M), Textiles ($34.8M), and Machines ($27.5M).

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.

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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) (2022)

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