2023
Exports
$3.85kWorld Rnk 209 / 210
Flag Rnk 437 / 630
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$247MWorld Rnk 119 / 225
Flag Rnk 2 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $3.85k in Cars, making it the 209th largest exporter of Cars in the world. At the same year, Cars was the 437th most exported product in Laos. The main destination of Cars exports from Laos are: Thailand ($3.85k).

The fastest growing export markets for Cars of Laos between 2022 and 2023 were Thailand ($3.85k).

Imports In 2023, Laos imported $247M in Cars, becoming the 119th 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 ($141M), China ($52.5M), Japan ($22.9M), United Arab Emirates ($6.64M), and Singapore ($5.91M).

The fastest growing import markets in Cars for Laos between 2022 and 2023 were China ($19.6M), Thailand ($13.2M), and United Arab Emirates ($5.08M).

COMPANIES In 2024, leading companies such as Goya Foods (21) were at the forefront of shipping Cars from Laos to the United States.

Latest Trends

Dec 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 Cars. 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 (2023)$3.85k
IMPORTS (2023)$247M
NET TRADE (2023)-$247M

In 2023, Laos exported $3.85k in Cars. The main destinations of Laos exports on Cars were Thailand ($3.85k).

In 2023, Laos imported $247M in Cars, mainly from Thailand ($141M), China ($52.5M), Japan ($22.9M), United Arab Emirates ($6.64M), and Singapore ($5.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Laos WERE (2022 - 2023):Thailand$3.85k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Laos WERE (2022 - 2023):
Philippines-$18.8k (-100%)
Lebanon-$12.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Laos's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.29k
TOP IMPORT POTENTIALChina+ $36.5M

Cars’s highest export potential is China. With an export gap of $1.29k.   Cars’s highest import potential is China with an import gap of $36.5M.

See methodology.

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