2022
Exports
$64World Rnk 202 / 203
Flag Rnk 598 / 648
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$58.5MWorld Rnk 116 / 225
Flag Rnk 24 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $64 in Rubber Tires, making it the 202nd largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 598th most exported product in Laos. The main destination of Rubber Tires exports from Laos are: Czechia ($64).

The fastest growing export markets for Rubber Tires of Laos between 2021 and 2022 were Czechia ($64).

Imports In 2022, Laos imported $58.5M in Rubber Tires, becoming the 116th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 24th most imported product in Laos. Laos imports Rubber Tires primarily from: Thailand ($26.1M), China ($23.2M), Vietnam ($7.33M), South Korea ($1.34M), and Japan ($476k).

The fastest growing import markets in Rubber Tires for Laos between 2021 and 2022 were China ($5.58M), Vietnam ($2.99M), and Thailand ($1.35M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (7) and Pirelli Tires (1) were at the forefront of shipping Rubber Tires from Laos to the United States.

Latest Trends

Jul 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 Rubber Tires. 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)$64
IMPORTS (2022)$58.5M
NET TRADE (2022)-$58.5M

In 2022, Laos exported $64 in Rubber Tires. The main destinations of Laos exports on Rubber Tires were Czechia ($64).

In 2022, Laos imported $58.5M in Rubber Tires, mainly from Thailand ($26.1M), China ($23.2M), Vietnam ($7.33M), South Korea ($1.34M), and Japan ($476k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Laos WERE (2021 - 2022):Czechia$64 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Laos WERE (2021 - 2022):
Cambodia-$10.4k (-100%)
Honduras-$1.16k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Rubber Tires were:
In 2022, Laos's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $860
TOP IMPORT POTENTIALChina+ $16.5M

Rubber Tires’s highest export potential is United States. With an export gap of $860.   Rubber Tires’s highest import potential is China with an import gap of $16.5M.

See methodology.

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