HS Icon Buses in  Flag Laos

2019
Exports | Imports
: $27k | $5.7M, World Rnk 0 / 0
Flag Rnk 0 / 0 | World Rnk 130 / 213
Flag Rnk 223 / 1118

2021
ECONOMIC COMPLEXITY of Laos
: -0.7, Rnk 95 / 131

2021
PRODUCT COMPLEXITY IN Buses
: 0.24, Rnk 470 / 1029

Imports In 2021, Laos imported $5.7M in Buses, becoming the 130th largest importer of Buses in the world. At the same year, Buses was the 223rd most imported product in Laos. Laos imports Buses primarily from: China ($3.5M), Japan ($988k), South Korea ($977k), Thailand ($154k), and Turkey ($77.3k).

The fastest growing import markets in Buses for Laos between 2020 and 2021 were China ($2.37M), South Korea ($270k), and United States ($3.86k).

Tariffs In 2018, the average tariff for Laos in Buses was 19.1%. The countries with the highest import tariffs for Buses were Angola (Most Favoured Nation duty rate treatment, 20%), Burundi (Most Favoured Nation duty rate treatment, 20%), Benin (Most Favoured Nation duty rate treatment, 20%), Burkina Faso (Most Favoured Nation duty rate treatment, 20%), and Botswana (Most Favoured Nation duty rate treatment, 20%).

Apr 2023

Subnational Monthly Trade

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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 Buses. 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

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EXPORTS (2019): $27k

IMPORTS (2021): $5.7M

NET TRADE (2021): -$5.7M

In 2021, Laos imported $5.7M in Buses, mainly from China ($3.5M), Japan ($988k), South Korea ($977k), Thailand ($154k), and Turkey ($77.3k).

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Market Concentration

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In 2021, Laos's main exporting competitors in Buses were:

In 2021, Laos's main importing competitors in Buses were:

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