Overview In January 2023, Japan exported ¥399M and imported ¥2B from Laos, resulting in a negative trade balance of ¥1.6B. Between January 2022 and January 2023 the exports of Japan have decreased by ¥-549M (-57.9%) from ¥948M to ¥399M, while imports increased by ¥634M (46.4%) from ¥1.37B to ¥2B.
Trade In January 2023, the top exports of Japan to Laos were Large Construction Vehicles (¥183M), Cars (¥172M), Delivery Trucks (¥150M), Float Glass (¥102M), and Special purpose motor vehicles (¥63.8M). In January 2023 the top imports of Japan from Laos were Coffee (¥187M), Wood Charcoal (¥171M), Insulated Wire (¥156M), Hydrogen (¥150M), and Shaving Products (¥141M).
Origins In January 2023 the exports of Japan were mainly from Aichi (¥158M), Hyōgo (¥106M), Osaka (¥58.2M), Tokyo (¥43.1M), and Kanagawa (¥17M), while imports destinations were mainly Tokyo (¥890M), Kanagawa (¥288M), Osaka (¥232M), Aichi (¥202M), and Hyōgo (¥181M).
Growth In January 2023, the decrease in Japan's year-by-year exports to Laos was explained primarily by an decrease in product exports in Machinery Having Individual Functions (¥-237M or -99.9%), Cars (¥-132M or -43.5%), and Other Measuring Instruments (¥-12M or -87.6%). In January 2023, the increase in Japan's year-by-year imports from Laos was explained primarily by an increase in product imports in Coffee (¥134M or 252%), Shaving Products (¥61M or 76.6%), and Wood Charcoal (¥51.8M or 43.3%).