HS Icon Refined Petroleum in  Flag Laos

2022
Exports | Imports
: $34 | $1.25B, World Rnk 212 / 214
Flag Rnk 616 / 648
World Rnk 101 / 225
Flag Rnk 1 / 1071

2022
ECONOMIC COMPLEXITY of Laos
: -0.83, Rnk 95 / 124

2022
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.87, Rnk 800 / 1025

Exports In 2022, Laos exported $34 in Refined Petroleum, making it the 212th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 616th most exported product in Laos. The main destination of Refined Petroleum exports from Laos are: Thailand ($29) and Canada ($5).

Imports In 2022, Laos imported $1.25B in Refined Petroleum, becoming the 101st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Laos. Laos imports Refined Petroleum primarily from: Thailand ($1.11B), Vietnam ($126M), China ($2.4M), Singapore ($1.83M), and South Korea ($1M).

The fastest growing import markets in Refined Petroleum for Laos between 2021 and 2022 were Thailand ($483M), Vietnam ($102M), and China ($1.83M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Laos to the United States.

Mar 2024

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Refined Petroleum. 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

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EXPORTS (2022): $34

IMPORTS (2022): $1.25B

NET TRADE (2022): -$1.25B

In 2022, Laos exported $34 in Refined Petroleum. The main destinations of Laos exports on Refined Petroleum were Thailand ($29) and Canada ($5).

In 2022, Laos imported $1.25B in Refined Petroleum, mainly from Thailand ($1.11B), Vietnam ($126M), China ($2.4M), Singapore ($1.83M), and South Korea ($1M).

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THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Laos WERE (2021 - 2022):

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Market Concentration

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In 2022, Laos's main exporting competitors in Refined Petroleum were:

In 2022, Laos's main importing competitors in Refined Petroleum were:

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