2022
Exports
$23.4kWorld Rnk 143 / 169
Flag Rnk 335 / 648
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$275kWorld Rnk 148 / 217
Flag Rnk 657 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $23.4k in Crustaceans, making it the 143rd largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 335th most exported product in Laos. The main destination of Crustaceans exports from Laos are: Poland ($23.4k).

The fastest growing export markets for Crustaceans of Laos between 2021 and 2022 were Poland ($23.4k).

Imports In 2022, Laos imported $275k in Crustaceans, becoming the 148th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 657th most imported product in Laos. Laos imports Crustaceans primarily from: Thailand ($219k), Vietnam ($55k), and South Korea ($852).

The fastest growing import markets in Crustaceans for Laos between 2021 and 2022 were Thailand ($63.1k) and Vietnam ($54.8k).

Latest Trends

Oct 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 Crustaceans. 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)$23.4k
IMPORTS (2022)$275k
NET TRADE (2022)-$251k

In 2022, Laos exported $23.4k in Crustaceans. The main destinations of Laos exports on Crustaceans were Poland ($23.4k).

In 2022, Laos imported $275k in Crustaceans, mainly from Thailand ($219k), Vietnam ($55k), and South Korea ($852).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Laos WERE (2021 - 2022):Poland$23.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Laos WERE (2021 - 2022):Maldives-$2.96k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Laos's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $6.72k
TOP IMPORT POTENTIALThailand+ $434k

Crustaceans’s highest export potential is Poland. With an export gap of $6.72k.   Crustaceans’s highest import potential is Thailand with an import gap of $434k.

See methodology.

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