2023
Exports
$95.7MWorld Rnk 29 / 142
Flag Rnk 17 / 630
2023
PRODUCT COMPLEXITY IN Synthetic Rubber
0.45Rnk 383 / 1025
2023
Imports
$3.71MWorld Rnk 91 / 205
Flag Rnk 261 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $95.7M in Synthetic Rubber, making it the 29th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 17th most exported product in Laos. The main destination of Synthetic Rubber exports from Laos are: China ($95.7M).

The fastest growing export markets for Synthetic Rubber of Laos between 2022 and 2023 were China ($43M).

Imports In 2023, Laos imported $3.71M in Synthetic Rubber, becoming the 91st largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 261st most imported product in Laos. Laos imports Synthetic Rubber primarily from: China ($3.65M), Thailand ($57.5k), and Japan ($3.52k).

The fastest growing import markets in Synthetic Rubber for Laos between 2022 and 2023 were China ($3.51M).

Latest Trends

Jan 2025

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 Synthetic 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 (2023)$95.7M
IMPORTS (2023)$3.71M
NET TRADE (2023)$92M

In 2023, Laos exported $95.7M in Synthetic Rubber. The main destinations of Laos exports on Synthetic Rubber were China ($95.7M).

In 2023, Laos imported $3.71M in Synthetic Rubber, mainly from China ($3.65M), Thailand ($57.5k), and Japan ($3.52k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Laos WERE (2022 - 2023):China$43M (81.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Laos WERE (2022 - 2023):Vietnam-$20.2M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Synthetic Rubber were:
In 2023, Laos's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $35.5M
TOP IMPORT POTENTIALVietnam+ $626k

Synthetic Rubber’s highest export potential is China. With an export gap of $35.5M.   Synthetic Rubber’s highest import potential is Vietnam with an import gap of $626k.

See methodology.

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