2022
Exports
$31.7kWorld Rnk 150 / 167
Flag Rnk 310 / 648
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$76.7MWorld Rnk 82 / 215
Flag Rnk 16 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $31.7k in Tractors, making it the 150th largest exporter of Tractors in the world. At the same year, Tractors was the 310th most exported product in Laos. The main destination of Tractors exports from Laos are: Philippines ($31.7k).

The fastest growing export markets for Tractors of Laos between 2021 and 2022 were Philippines ($31.7k).

Imports In 2022, Laos imported $76.7M in Tractors, becoming the 82nd largest importer of Tractors in the world. At the same year, Tractors was the 16th most imported product in Laos. Laos imports Tractors primarily from: Thailand ($48.5M), China ($26.5M), Vietnam ($1.42M), Japan ($261k), and India ($45.4k).

The fastest growing import markets in Tractors for Laos between 2021 and 2022 were Thailand ($5.35M), Vietnam ($870k), and India ($45.4k).

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 Tractors. 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)$31.7k
IMPORTS (2022)$76.7M
NET TRADE (2022)-$76.7M

In 2022, Laos exported $31.7k in Tractors. The main destinations of Laos exports on Tractors were Philippines ($31.7k).

In 2022, Laos imported $76.7M in Tractors, mainly from Thailand ($48.5M), China ($26.5M), Vietnam ($1.42M), Japan ($261k), and India ($45.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Laos WERE (2021 - 2022):Philippines$31.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Laos WERE (2021 - 2022):
Poland-$3.34M (-100%)
Honduras-$9.25k (-100%)
Thailand-$1.41k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $681
TOP IMPORT POTENTIALChina+ $8.11M

Tractors’s highest export potential is United States. With an export gap of $681.   Tractors’s highest import potential is China with an import gap of $8.11M.

See methodology.

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