Laos (LAO) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Laos-Japan Trade: In 2023, Laos exported $163M to Japan. The main products that Laos exported to Japan were Wood Charcoal ($21.5M), Insulated Wire ($17.6M), and Leather Footwear ($15.6M). Over the past 5 years the exports of Laos to Japan have decreased at an annualized rate of 0.47%, from $167M in 2018 to $163M in 2023.

In 2023, Laos did not export any services to Japan.

Japan-Laos Trade: In 2023, Japan exported $100M to Laos. The main products that Japan exported to Laos were Cars ($22.9M), Buses ($14.9M), and Large Construction Vehicles ($5.51M). Over the past 5 years the exports of Japan to Laos have decreased at an annualized rate of 8.1%, from $153M in 2018 to $100M in 2023.

In 2023, Japan did not export any services to Laos.

Comparison: In 2023, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $163M to Japan. The main products exported from Laos to Japan were Wood Charcoal ($21.5M), Insulated Wire ($17.6M), and Leather Footwear ($15.6M). During the last 5 years the exports of Laos to Japan have decreased at an annualized rate of 0.47%, from $167M in 2018 to $163M in 2023.

In 2018, Japan exported $100M to Laos. The main products exported from Japan to Laos were Cars ($22.9M), Buses ($14.9M), and Large Construction Vehicles ($5.51M). During the last 5 years the exports of Japan to Laos have decreased at an annualized rate of 8.1%, from $153M in 2023 to $100M in 2018.

Exports from Laos () to Japan () (2023)

Exports from Japan () to Laos () (2023)

Latest Data

Trade between Laos () and Japan ()

Laos Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Japan
Top DestinationUnited States$143B

This map shows whether countries import more from Laos or Japan. Each country is colored based on the difference in imports they receive from Laos and Japan or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Laos than from Japan.

In 2023, countries that imported more from Japan than Laos included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan () and Laos () (2023)

Comparative Advantage Laos - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Laos and Japan by product, considering products traded by both, Laos and Japan.

During 2023, Laos had a large net trade with Japan in the exports of Textiles ($35.9M), Chemical Products ($29.4M), and Footwear and Headwear ($27.3M).

During 2018, Japan had a large net trade with Laos in the exports of Transportation ($44.3M), Machines ($16M), and Textiles ($9.81M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Japan+$7.92MNon-Knit Men's Suits

Top Product Potential Japan Laos+$17.7MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Laos and Japan. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Japan () (2023)

Exports from Japan () to Laos () (2023)

Latest Data

Trade between Laos () and Japan ()

Laos Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Laos () (2023)

Comparative Advantage Laos - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Japan () (2023)

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