2021
Exports | Imports
$300M | $3.77MWorld Rnk 8 / 128
Flag Rnk 5 / 742
World Rnk 74 / 197
Flag Rnk 288 / 1118
2021
ECONOMIC COMPLEXITY of Laos
-0.7Rnk 95 / 131
2021
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1010 / 1024

About

Exports In 2021, Laos exported $300M in Rubber, making it the 8th largest exporter of Rubber in the world. At the same year, Rubber was the 5th most exported product in Laos. The main destination of Rubber exports from Laos are: Vietnam ($178M), China ($119M), United States ($2.82M), and Malaysia ($506k).

The fastest growing export markets for Rubber of Laos between 2020 and 2021 were Vietnam ($74.9M), China ($23.1M), and United States ($1.54M).

Imports In 2021, Laos imported $3.77M in Rubber, becoming the 74th largest importer of Rubber in the world. At the same year, Rubber was the 288th most imported product in Laos. Laos imports Rubber primarily from: Thailand ($1.76M), Japan ($941k), China ($939k), Vietnam ($130k), and Kenya ($69).

The fastest growing import markets in Rubber for Laos between 2020 and 2021 were China ($926k) and Kenya ($69).

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 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

Trade Balance

Color
EXPORTS (2021)$300M
IMPORTS (2021)$3.77M
NET TRADE (2021)$296M

In 2021, Laos exported $300M in Rubber. The main destinations of Laos exports on Rubber were Vietnam ($178M), China ($119M), United States ($2.82M), and Malaysia ($506k).

In 2021, Laos imported $3.77M in Rubber, mainly from Thailand ($1.76M), Japan ($941k), China ($939k), Vietnam ($130k), and Kenya ($69).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Laos WERE (2020 - 2021):
Vietnam$74.9M (72.5%)
China$23.1M (24.2%)
United States$1.54M (121%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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

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Trade Value of Rubber by Exporters

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