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2021
Exports $50World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Crude Petroleum-2.37Rnk 1015 / 1025
2021
Imports $35.8MWorld Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Laos-0.89Rnk 107 / 132

About

Imports In 2018, Laos imported $35.8M in Crude Petroleum, becoming the 0th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 0th most imported product in Laos. Laos imports Crude Petroleum primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2021)$50
IMPORTS (2021)$35.8M
NET TRADE (2021)-$35.8M

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
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Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Crude Petroleum were:
Saudi Arabia $181B
United States $125B
Russia $122B
In 2023, Laos's main importing competitors in Crude Petroleum were:
China $319B
United States $170B
India $140B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.7k
TOP IMPORT POTENTIALSaudi Arabia+ $754

Crude Petroleum’s highest export potential is China. With an export gap of $1.7k.   Crude Petroleum’s highest import potential is Saudi Arabia with an import gap of $754.

See methodology.

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