2021
Exports | Imports
$326k | $252MWorld Rnk 162 / 218
Flag Rnk 265 / 742
World Rnk 107 / 226
Flag Rnk 3 / 1118
2021
ECONOMIC COMPLEXITY of Laos
-0.7Rnk 95 / 131
2021
PRODUCT COMPLEXITY IN Cars
0.88Rnk 214 / 1024

About

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).

Latest Trends

Dec 2023

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 (2021)$326k
IMPORTS (2021)$252M
NET TRADE (2021)-$252M

In 2021, Laos exported $326k in Cars. The main destinations of Laos exports on Cars were Honduras ($311k), Philippines ($11.9k), and Slovakia ($3.22k).

In 2021, Laos imported $252M in Cars, mainly from Thailand ($176M), Japan ($27.4M), China ($15.1M), India ($5.58M), and United Kingdom ($5.55M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Laos WERE (2020 - 2021):
Honduras$44.4k (16.7%)
Philippines$11.9k (1%)
Slovakia$3.22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Laos WERE (2020 - 2021):
Portugal-$27k (-100%)
Cambodia-$25.2k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Laos's main exporting competitors in Cars were:
In 2021, Laos's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

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