Key Market Indicators
Lao Natural Rubber Export is projected to hit $123.8 million by 2026, up from $98.3 million in 2021. This marks an average annual increase of 3.9%. Since 2015, supply has risen 5.5% year on year. In 2021, Laos was the 11th largest exporter, with Luxembourg coming in at number one with $98.3 million. Indonesia, Ivory Coast and Malaysia came second, third, and fourth respectively. Lao Natural Rubber Import is estimated to reach $1.9 million in 2026, up from $1.7 million in 2021. This translates to a 2.5% year on year growth rate. Since 2015, demand has increased by 3.1% year on year. In 2021, Laos was the 64th largest importer, with Ireland taking the lead with $1.7 million. The United States, Malaysia, and Japan took second, third, and fourth places, respectively.
