Packing Bags in Laos

EXPORTS (2018): $32k, World Rnk 128 / 150
Flag Rnk 286 / 490

TOP DESTINATION (2018): $17.9k, China

FASTEST GROWING MARKET (2017 - 2018): $9.72k, Poland

IMPORTS (2018): $8.54M, World Rnk 83 / 212
Flag Rnk 139 / 1026

TOP ORIGIN (2018): $5.61M, China

FASTEST GROWING ORIGIN (2017 - 2018): $2.93M, Thailand

ECONOMIC COMPLEXITY of Laos (2018): -1.16, Rnk 116 / 137

PRODUCT COMPLEXITY  IN Packing Bags (2018): -1.68, Rnk 965 / 1018

Overview: This page contains the latest trade data of Packing Bags in Laos.

Exports: In 2018, Laos exported $32k in Packing Bags, making it the 128th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 286th most exported product in Laos. The main destination of Packing Bags exports from Laos are: China ($17.9k), Poland ($9.72k), Switzerland ($2.89k), and Burma ($1.53k).

The fastest growing export markets for Packing Bags of Laos between 2017 and 2018 were Poland ($9.72k) and Burma ($1.53k).

Imports: In 2018, Laos imported $8.54M in Packing Bags, becoming the 83rd largest importer of Packing Bags in the world. At the same year, Packing Bags was the 139th most imported product in Laos. Laos imports Packing Bags primarily from: China ($5.61M), Thailand ($2.93M), and Australia ($1.7k).

The fastest growing import markets in Packing Bags for Laos between 2017 and 2018 were Thailand ($2.93M), China ($2.09M), and Australia ($1.7k).

Tariffs: In 2018, the average tariff for Laos in Packing Bags was 22.9%. The countries with the highest import tariffs for Packing Bags were Angola (24.1%), Burundi (24.1%), Benin (24.1%), Burkina Faso (24.1%), and Botswana (24.1%).

Value

EXPORTS (2018): $32k

IMPORTS (2018): $8.54M

NET TRADE (2018): -$8.51M

In 2018, Laos exported $32k in Packing Bags. The main destinations of Laos exports on Packing Bags were China ($17.9k), Poland ($9.72k), Switzerland ($2.89k), and Burma ($1.53k).

In 2018, Laos imported $8.54M in Packing Bags, mainly from China ($5.61M), Thailand ($2.93M), and Australia ($1.7k).

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IN 2018, Laos HAD A POSITIVE NET TRADE IN Packing Bags WITH:

  • Poland, $9.72k ($9.72k - $0)
  • Switzerland, $2.89k ($2.89k - $0)
  • Burma, $1.53k ($1.53k - $0)

IN 2018, Laos HAD A NEGATIVE NET TRADE IN Packing Bags WITH:

  • China, -$5.59M ($17.9k - $5.61M)
  • Thailand, -$2.93M ($0 - $2.93M)
  • Australia, -$1.7k ($0 - $1.7k)
Flow

THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Laos WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Laos WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Laos's main exporting competitors in Packing Bags were:

In 2018, Laos's main importing competitors in Packing Bags were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packing Bags in Laos. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Laos in Packing Bags was 22.9%.

The countries with the highest tariffs for Packing Bags in Laos were Angola (24.1%), Burundi (24.1%), Benin (24.1%), Burkina Faso (24.1%), and Botswana (24.1%).

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