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2021
Exports $50World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2021
Imports $32.5MWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Imports In 2021, Laos imported $32.5M in Crude Petroleum, becoming the 0th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 0th most imported product in Laos. Laos imports Crude Petroleum primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2021)$50
IMPORTS (2021)$32.5M
NET TRADE (2021)-$32.5M

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Laos WERE (N/A - 2021):Thailand-$50 (-100%)
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Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Laos's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.7k
TOP IMPORT POTENTIALSaudi Arabia+ $754

Crude Petroleum’s highest export potential is China. With an export gap of $1.7k.   Crude Petroleum’s highest import potential is Saudi Arabia with an import gap of $754.

See methodology.

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