2018
Exports
$12.2MWorld Rnk 47 / 167
Flag Rnk 61 / 648
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2018
Imports
$9.24MWorld Rnk 78 / 207
Flag Rnk 147 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2018, Laos exported $12.2M in Footwear Parts, making it the 47th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 61st most exported product in Laos. The main destination of Footwear Parts exports from Laos are: Thailand ($8.48M), Japan ($3.64M), Italy ($40.9k), Switzerland ($336), and Portugal ($243).

The fastest growing export markets for Footwear Parts of Laos between 2021 and 2022 were Switzerland ($336), Portugal ($243), and Netherlands ($106).

Imports In 2022, Laos imported $9.24M in Footwear Parts, becoming the 78th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 147th most imported product in Laos. Laos imports Footwear Parts primarily from: China ($5.6M), Thailand ($2.92M), Vietnam ($341k), Japan ($215k), and Chinese Taipei ($104k).

The fastest growing import markets in Footwear Parts for Laos between 2021 and 2022 were China ($4.3M), Thailand ($1.38M), and South Korea ($50.6k).

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 Footwear Parts. 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)$12.2M
IMPORTS (2022)$9.24M
NET TRADE (2022)$2.93M

In 2022, Laos exported $12.2M in Footwear Parts. The main destinations of Laos exports on Footwear Parts were Thailand ($8.48M), Japan ($3.64M), Italy ($40.9k), Switzerland ($336), and Portugal ($243).

In 2022, Laos imported $9.24M in Footwear Parts, mainly from China ($5.6M), Thailand ($2.92M), Vietnam ($341k), Japan ($215k), and Chinese Taipei ($104k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Switzerland$336 (1%)
Portugal$243 (1%)
Netherlands$106 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Laos WERE (2021 - 2022):
Thailand-$2.62M (-23.6%)
Italy-$1.87M (-97.9%)
Japan-$381k (-9.46%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Laos's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $434k
TOP IMPORT POTENTIALChina+ $2.81M

Footwear Parts’s highest export potential is Japan. With an export gap of $434k.   Footwear Parts’s highest import potential is China with an import gap of $2.81M.

See methodology.

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