2022
Exports
$79kWorld Rnk 149 / 199
Flag Rnk 69 / 94
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$18.2MWorld Rnk 121 / 220
Flag Rnk 53 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $79k in Cotton, making it the 149th largest exporter of Cotton in the world. At the same year, Cotton was the 69th most exported product in Laos. The main destination of Cotton exports from Laos are: United Kingdom ($33.1k), United States ($13k), Thailand ($11.9k), Belgium ($5.64k), and France ($4.39k).

The fastest growing export markets for Cotton of Laos between 2021 and 2022 were United Kingdom ($30.5k), United States ($7.18k), and Belgium ($5.64k).

Imports In 2022, Laos imported $18.2M in Cotton, becoming the 121st largest importer of Cotton in the world. At the same year, Cotton was the 53rd most imported product in Laos. Laos imports Cotton primarily from: Thailand ($10.5M), China ($3.59M), Vietnam ($1.76M), Italy ($1M), and Malaysia ($822k).

The fastest growing import markets in Cotton for Laos between 2021 and 2022 were Thailand ($1.55M), Italy ($319k), and Turkey ($57.9k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (1) were at the forefront of shipping Cotton 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 Cotton. 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)$79k
IMPORTS (2022)$18.2M
NET TRADE (2022)-$18.1M

In 2022, Laos exported $79k in Cotton. The main destinations of Laos exports on Cotton were United Kingdom ($33.1k), United States ($13k), Thailand ($11.9k), Belgium ($5.64k), and France ($4.39k).

In 2022, Laos imported $18.2M in Cotton, mainly from Thailand ($10.5M), China ($3.59M), Vietnam ($1.76M), Italy ($1M), and Malaysia ($822k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United Kingdom$30.5k (1.15k%)
United States$7.18k (123%)
Belgium$5.64k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Laos WERE (2021 - 2022):
Burma-$245k (-100%)
Thailand-$201k (-94.4%)
Vietnam-$48.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Laos's main exporting competitors in Cotton were:
In 2022, Laos's main importing competitors in Cotton were:

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $22.2k
TOP IMPORT POTENTIALChina+ $3.84M

Cotton’s highest export potential is United States. With an export gap of $22.2k.   Cotton’s highest import potential is China with an import gap of $3.84M.

See methodology.

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