Exports In 2021, Laos exported $326k in Cars, making it the 162nd largest exporter of Cars in the world. At the same year, Cars was the 265th most exported product in Laos. The main destination of Cars exports from Laos are: Honduras ($311k), Philippines ($11.9k), and Slovakia ($3.22k).
The fastest growing export markets for Cars of Laos between 2020 and 2021 were Honduras ($44.4k), Philippines ($11.9k), and Slovakia ($3.22k).
Imports In 2021, Laos imported $252M in Cars, becoming the 107th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Laos. Laos imports Cars primarily from: Thailand ($176M), Japan ($27.4M), China ($15.1M), India ($5.58M), and United Kingdom ($5.55M).
The fastest growing import markets in Cars for Laos between 2020 and 2021 were Thailand ($80.2M), China ($8.94M), and India ($3.59M).
Tariffs In 2018, the average tariff for Laos in Cars was 1.65%. The countries with the highest import tariffs for Cars were India (Preferential tariff for India, 8%), Australia (AANZFTA ASEAN - Australia - New Zealand Free Trade Area, 5%), New Zealand (AANZFTA ASEAN - Australia - New Zealand Free Trade Area, 5%), Angola (Most Favoured Nation duty rate treatment, 1.66%), and Burundi (Most Favoured Nation duty rate treatment, 1.66%).