2022
Exports
$597MWorld Rnk 7 / 131
Flag Rnk 3 / 648
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$1.68MWorld Rnk 83 / 192
Flag Rnk 387 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $597M 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 ($380M), Vietnam ($212M), United States ($4.14M), Malaysia ($429k), and Spain ($108k).

The fastest growing export markets for Rubber of Laos between 2021 and 2022 were China ($260M), Vietnam ($34.1M), and United States ($1.05M).

Imports In 2022, Laos imported $1.68M in Rubber, becoming the 83rd largest importer of Rubber in the world. At the same year, Rubber was the 387th most imported product in Laos. Laos imports Rubber primarily from: China ($1.38M), Thailand ($276k), and Vietnam ($21.8k).

The fastest growing import markets in Rubber for Laos between 2021 and 2022 were China ($431k).

Latest Trends

Sep 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. 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)$597M
IMPORTS (2022)$1.68M
NET TRADE (2022)$595M

In 2022, Laos exported $597M in Rubber. The main destinations of Laos exports on Rubber were China ($380M), Vietnam ($212M), United States ($4.14M), Malaysia ($429k), and Spain ($108k).

In 2022, Laos imported $1.68M in Rubber, mainly from China ($1.38M), Thailand ($276k), and Vietnam ($21.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$260M (216%)
Vietnam$34.1M (19.1%)
United States$1.05M (34%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Laos WERE (2021 - 2022):Malaysia-$79.1k (-15.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $53.5M
TOP IMPORT POTENTIALThailand+ $503k

Rubber’s highest export potential is China. With an export gap of $53.5M.   Rubber’s highest import potential is Thailand with an import gap of $503k.

See methodology.

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