2022
Exports
$45.8MWorld Rnk 37 / 136
Flag Rnk 30 / 648
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$12.4MWorld Rnk 59 / 159
Flag Rnk 121 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $45.8M in Diamonds, making it the 37th largest exporter of Diamonds in the world. At the same year, Diamonds was the 30th most exported product in Laos. The main destination of Diamonds exports from Laos are: Belgium ($22.3M), United States ($11.1M), Vietnam ($8.03M), Cambodia ($2.93M), and Singapore ($1.51M).

The fastest growing export markets for Diamonds of Laos between 2021 and 2022 were Belgium ($9.3M), Cambodia ($2.93M), and United States ($2.54M).

Imports In 2022, Laos imported $12.4M in Diamonds, becoming the 59th largest importer of Diamonds in the world. At the same year, Diamonds was the 121st most imported product in Laos. Laos imports Diamonds primarily from: Belgium ($10.5M), United States ($1.54M), Thailand ($345k), and Australia ($2.36k).

The fastest growing import markets in Diamonds for Laos between 2021 and 2022 were Belgium ($2.33M), United States ($584k), and Thailand ($345k).

Latest Trends

Aug 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 Diamonds. 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)$45.8M
IMPORTS (2022)$12.4M
NET TRADE (2022)$33.4M

In 2022, Laos exported $45.8M in Diamonds. The main destinations of Laos exports on Diamonds were Belgium ($22.3M), United States ($11.1M), Vietnam ($8.03M), Cambodia ($2.93M), and Singapore ($1.51M).

In 2022, Laos imported $12.4M in Diamonds, mainly from Belgium ($10.5M), United States ($1.54M), Thailand ($345k), and Australia ($2.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Belgium$9.3M (71.7%)
Cambodia$2.93M (1%)
United States$2.54M (29.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Laos WERE (2021 - 2022):Vietnam-$3.17M (-28.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.1M
TOP IMPORT POTENTIALUnited States+ $1.11M

Diamonds’s highest export potential is United States. With an export gap of $10.1M.   Diamonds’s highest import potential is United States with an import gap of $1.11M.

See methodology.

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