2022
Exports
$34World Rnk 212 / 214
Flag Rnk 1329 / 1446
falsefalseN/A
2022
Imports
$1.25BWorld Rnk 101 / 225
Flag Rnk 1 / 3455
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $1.25B in Oils petroleum, bituminous, distillates, except crude, becoming the 101st largest importer of Oils petroleum, bituminous, distillates, except crude in the world. At the same year, Oils petroleum, bituminous, distillates, except crude was the 1st most imported product in Laos. Laos imports Oils petroleum, bituminous, distillates, except crude primarily from: Thailand ($1.11B), Vietnam ($126M), China ($2.4M), Singapore ($1.83M), and South Korea ($1M).

The fastest growing import markets in Oils petroleum, bituminous, distillates, except crude for Laos between 2021 and 2022 were Thailand ($483M), Vietnam ($102M), and China ($1.83M).

COMPANIES In 2023, leading companies such as Camposol Fresh (862), DAVID OPPENHEIMER CO. (617), and Pacific Trellis Fruit (572) were at the forefront of shipping Oils petroleum, bituminous, distillates, except crude from Laos to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Oils petroleum, bituminous, distillates, except crude. 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 (2022)$34
IMPORTS (2022)$1.25B
NET TRADE (2022)-$1.25B

In 2022, Laos imported $1.25B in Oils petroleum, bituminous, distillates, except crude, mainly from Thailand ($1.11B), Vietnam ($126M), China ($2.4M), Singapore ($1.83M), and South Korea ($1M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oils petroleum, bituminous, distillates, except crude BY Laos WERE (2021 - 2022):
China-$56.2k (-100%)
South Korea-$6.65k (-100%)
United Kingdom-$3.84k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Type
In 2022, Laos's main exporting competitors in Oils petroleum, bituminous, distillates, except crude were:
In 2022, Laos's main importing competitors in Oils petroleum, bituminous, distillates, except crude were:

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Trade Value of Oils petroleum, bituminous, distillates, except crude by Exporters

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