HS Icon Rubber in  Flag Laos

2020
Exports | Imports
: $360M | $3.08M, World Rnk 7 / 114
Flag Rnk 3 / 600 | World Rnk 69 / 192
Flag Rnk 266 / 1059

2020
ECONOMIC COMPLEXITY of Laos
: -1.06, Rnk 104 / 127

2020
PRODUCT COMPLEXITY  IN Rubber
: -2.28, Rnk 1021 / 1029

Exports In 2020, Laos exported $360M in Rubber, making it the 7th largest exporter of Rubber in the world. At the same year, Rubber was the 3rd most exported product in Laos. The main destination of Rubber exports from Laos are: China ($261M), Vietnam ($97.7M), and United States ($1.28M).

Imports In 2020, Laos imported $3.08M in Rubber, becoming the 69th largest importer of Rubber in the world. At the same year, Rubber was the 266th most imported product in Laos. Laos imports Rubber primarily from: Thailand ($3.08M).

Tariffs In 2018, the average tariff for Laos in Rubber was 4.77%. The countries with the highest import tariffs for Rubber were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Rubber. 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

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EXPORTS (2020): $360M

IMPORTS (2020): $3.08M

NET TRADE (2020): $357M

In 2020, Laos exported $360M in Rubber. The main destinations of Laos exports on Rubber were China ($261M), Vietnam ($97.7M), and United States ($1.28M).

In 2020, Laos imported $3.08M in Rubber, mainly from Thailand ($3.08M).

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Flow

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Laos WERE (2019 - 2020):

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Market Concentration

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In 2020, Laos's main exporting competitors in Rubber were:

In 2020, Laos's main importing competitors in Rubber were:

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