Buses in
Laos
2019 Exports | Imports : $27k | $5.7M, World Rnk 0 / 0 Rnk 0 / 0 | World Rnk 130 / 213
Rnk 223 / 1118
2021 ECONOMIC COMPLEXITY of Laos: -0.7, Rnk 95 / 131
2021 PRODUCT COMPLEXITY IN Buses: 0.24, Rnk 470 / 1029
2019 Exports | Imports : $27k | $5.7M, World Rnk 0 / 0 Rnk 0 / 0 | World Rnk 130 / 213
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
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.
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).
In 2021, Laos's main exporting competitors in Buses were: