2019
Exports
$103World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2019
Imports
$1.25MWorld Rnk 64 / 189
Flag Rnk 433 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $1.25M in Bitumen and asphalt, becoming the 64th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 433rd most imported product in Laos. Laos imports Bitumen and asphalt primarily from: Vietnam ($1.06M), China ($122k), Thailand ($59.2k), and United States ($7.71k).

The fastest growing import markets in Bitumen and asphalt for Laos between 2021 and 2022 were United States ($7.71k).

Latest Trends

Oct 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 Bitumen and asphalt. 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 (2019)$103
IMPORTS (2022)$1.25M
NET TRADE (2022)-$1.25M

In 2022, Laos imported $1.25M in Bitumen and asphalt, mainly from Vietnam ($1.06M), China ($122k), Thailand ($59.2k), and United States ($7.71k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Bitumen and asphalt were:
In 2022, Laos's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $436
TOP IMPORT POTENTIALChina+ $75.7k

Bitumen and asphalt’s highest export potential is China. With an export gap of $436.   Bitumen and asphalt’s highest import potential is China with an import gap of $75.7k.

See methodology.

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