Cars in Laos

EXPORTS (2018): $49.8k, World Rnk 189 / 209
Flag Rnk 257 / 490

TOP DESTINATION (2018): $49.8k, Ghana

FASTEST GROWING IN MARKET (2017 - 2018): $49.8k, Ghana

IMPORTS (2018): $288M, World Rnk 98 / 220
Flag Rnk 2 / 1026

TOP ORIGIN (2018): $196M, Thailand

FASTEST GROWING ORIGIN (2017 - 2018): $196M, Thailand

ECONOMIC COMPLEXITY of Laos (2018): -1.16, Rnk 116 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Exports: In 2018, Laos exported $49.8k in Cars, making it the 189th largest exporter of Cars in the world. At the same year, Cars was the 257th most exported product in Laos. The main destination of Cars exports from Laos are: Ghana ($49.8k).

The fastest growing export markets for Cars of Laos between 2017 and 2018 were Ghana ($49.8k).

Imports: In 2018, Laos imported $288M in Cars, becoming the 98th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Laos. Laos imports Cars primarily from: Thailand ($196M), Japan ($40.8M), South Korea ($10.7M), United Kingdom ($8.37M), and Mexico ($7.71M).

The fastest growing import markets in Cars for Laos between 2017 and 2018 were Thailand ($196M), Japan ($16.8M), and Mexico ($7.71M).

Tariffs: In 2018, the average tariff for Laos in Cars was 0.32%. The countries with the highest import tariffs for Cars were India (8%), Australia (5%), New Zealand (5%), Angola (0.26%), and Burundi (0.26%).

Value

EXPORTS (2018): $49.8k

IMPORTS (2018): $288M

NET TRADE (2018): -$288M

In 2018, Laos exported $49.8k in Cars. The main destinations of Laos exports on Cars were Ghana ($49.8k).

In 2018, Laos imported $288M in Cars, mainly from Thailand ($196M), Japan ($40.8M), South Korea ($10.7M), United Kingdom ($8.37M), and Mexico ($7.71M).

IN 2018, Laos HAD A POSITIVE NET TRADE IN Cars WITH:: Ghana, $49.8k ($49.8k - $0)

IN 2018, Laos HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Thailand, -$196M ($0 - $196M)
  • Japan, -$40.8M ($0 - $40.8M)
  • South Korea, -$10.7M ($0 - $10.7M)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Laos WERE (2017 - 2018):: Ghana, $49.8k (100%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Laos WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, Laos's main exporting competitors in Cars were:

In 2018, Laos's main importing competitors in Cars were:

Trade Forecasts

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This section shows forecasts for total exports and imports, for Cars in Laos. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

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In 2018, the average tariff for Laos in Cars was 0.32%.

The countries with the highest tariffs for Cars in Laos were India (8%), Australia (5%), New Zealand (5%), Angola (0.26%), and Burundi (0.26%).

Explore Tariff Data