2022
Exports | Imports
$62.5M | $192kWorld Rnk 5 / 166
Flag Rnk 25 / 648
World Rnk 112 / 197
Flag Rnk 703 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.83Rnk 95 / 124
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.78Rnk 977 / 1025

About

Exports In 2022, Laos exported $62.5M in Locust beans, seaweed, sugar beet, cane, for food, making it the 5th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 25th most exported product in Laos. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Laos are: China ($60.7M), Thailand ($1.77M), and South Korea ($2).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Laos between 2021 and 2022 were China ($45.8M) and Thailand ($412k).

Imports In 2022, Laos imported $192k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 112th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 703rd most imported product in Laos. Laos imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Thailand ($135k), Vietnam ($29.7k), Spain ($19.3k), and Japan ($8.29k).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Laos between 2021 and 2022 were Thailand ($128k) and Vietnam ($27.4k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Locust beans, seaweed, sugar beet, cane, for food from Laos to the United States.

Latest Trends

Jan 2024

Subnational Monthly Trade

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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 Locust beans, seaweed, sugar beet, cane, for food. 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 (2022)$62.5M
IMPORTS (2022)$192k
NET TRADE (2022)$62.3M

In 2022, Laos exported $62.5M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Laos exports on Locust beans, seaweed, sugar beet, cane, for food were China ($60.7M), Thailand ($1.77M), and South Korea ($2).

In 2022, Laos imported $192k in Locust beans, seaweed, sugar beet, cane, for food, mainly from Thailand ($135k), Vietnam ($29.7k), Spain ($19.3k), and Japan ($8.29k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$45.8M (308%)
Thailand$412k (30.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Laos WERE (2021 - 2022):
Japan-$6.64k (-100%)
Vietnam-$1.94k (-100%)
Germany-$635 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Laos's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

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