2022
Exports
$3.89MWorld Rnk 52 / 198
Flag Rnk 101 / 648
2022
PRODUCT COMPLEXITY IN Electrical Resistors
0.88Rnk 215 / 1025
2022
Imports
$2.05MWorld Rnk 79 / 214
Flag Rnk 349 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $3.89M in Electrical Resistors, making it the 52nd largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 101st most exported product in Laos. The main destination of Electrical Resistors exports from Laos are: China ($1.71M), Hong Kong ($867k), Thailand ($582k), Japan ($536k), and Vietnam ($187k).

The fastest growing export markets for Electrical Resistors of Laos between 2021 and 2022 were China ($498k), Thailand ($160k), and Hong Kong ($153k).

Imports In 2022, Laos imported $2.05M in Electrical Resistors, becoming the 79th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 349th most imported product in Laos. Laos imports Electrical Resistors primarily from: Thailand ($1.96M), Japan ($33.8k), Vietnam ($30.5k), China ($15.4k), and Malaysia ($9.75k).

The fastest growing import markets in Electrical Resistors for Laos between 2021 and 2022 were Vietnam ($9.87k), Malaysia ($9.75k), and Finland ($60).

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 Electrical Resistors. 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)$3.89M
IMPORTS (2022)$2.05M
NET TRADE (2022)$1.84M

In 2022, Laos exported $3.89M in Electrical Resistors. The main destinations of Laos exports on Electrical Resistors were China ($1.71M), Hong Kong ($867k), Thailand ($582k), Japan ($536k), and Vietnam ($187k).

In 2022, Laos imported $2.05M in Electrical Resistors, mainly from Thailand ($1.96M), Japan ($33.8k), Vietnam ($30.5k), China ($15.4k), and Malaysia ($9.75k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$498k (40.9%)
Thailand$160k (37.8%)
Hong Kong$153k (21.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Laos WERE (2021 - 2022):
Japan-$62.5k (-10.4%)
Singapore-$33.4k (-100%)
Indonesia-$28.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Electrical Resistors were:
China $4.72B
Germany $1.33B
Japan $1.08B
In 2022, Laos's main importing competitors in Electrical Resistors were:

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.89M
TOP IMPORT POTENTIALChina+ $85.9k

Electrical Resistors’s highest export potential is China. With an export gap of $1.89M.   Electrical Resistors’s highest import potential is China with an import gap of $85.9k.

See methodology.

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