2019
Exports
$27kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2019
Imports
$3.72MWorld Rnk 149 / 217
Flag Rnk 258 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $3.72M in Buses, becoming the 149th largest importer of Buses in the world. At the same year, Buses was the 258th most imported product in Laos. Laos imports Buses primarily from: Japan ($2.16M), China ($987k), South Korea ($244k), Thailand ($179k), and Turkey ($116k).

The fastest growing import markets in Buses for Laos between 2021 and 2022 were Japan ($1.17M), Turkey ($37.2k), and United Arab Emirates ($35.2k).

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 Buses. 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 (2019)$27k
IMPORTS (2022)$3.72M
NET TRADE (2022)-$3.72M

In 2022, Laos imported $3.72M in Buses, mainly from Japan ($2.16M), China ($987k), South Korea ($244k), Thailand ($179k), and Turkey ($116k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Laos's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $496
TOP IMPORT POTENTIALChina+ $1.04M

Buses’s highest export potential is China. With an export gap of $496.   Buses’s highest import potential is China with an import gap of $1.04M.

See methodology.

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