2022
Exports
$43.8MWorld Rnk 41 / 160
Flag Rnk 32 / 648
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$5.33MWorld Rnk 135 / 212
Flag Rnk 214 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $43.8M in Corn, making it the 41st largest exporter of Corn in the world. At the same year, Corn was the 32nd most exported product in Laos. The main destination of Corn exports from Laos are: Vietnam ($25.3M), China ($15.5M), and Thailand ($2.94M).

The fastest growing export markets for Corn of Laos between 2021 and 2022 were Vietnam ($13.4M), China ($11M), and Thailand ($522k).

Imports In 2022, Laos imported $5.33M in Corn, becoming the 135th largest importer of Corn in the world. At the same year, Corn was the 214th most imported product in Laos. Laos imports Corn primarily from: Thailand ($3.18M), Vietnam ($2.15M), and China ($100).

The fastest growing import markets in Corn for Laos between 2021 and 2022 were Thailand ($1.4M).

COMPANIES In 2023, leading companies such as Goya Foods (5) were at the forefront of shipping Corn from Laos to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Corn. 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)$43.8M
IMPORTS (2022)$5.33M
NET TRADE (2022)$38.4M

In 2022, Laos exported $43.8M in Corn. The main destinations of Laos exports on Corn were Vietnam ($25.3M), China ($15.5M), and Thailand ($2.94M).

In 2022, Laos imported $5.33M in Corn, mainly from Thailand ($3.18M), Vietnam ($2.15M), and China ($100).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Vietnam$13.4M (113%)
China$11M (244%)
Thailand$522k (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Laos WERE (2021 - 2022):Maldives-$321 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Corn were:
In 2022, Laos's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $18.9M
TOP IMPORT POTENTIALBrazil+ $2.91k

Corn’s highest export potential is China. With an export gap of $18.9M.   Corn’s highest import potential is Brazil with an import gap of $2.91k.

See methodology.

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