2023
Exports
$653MWorld Rnk 72 / 167
Flag Rnk 3 / 630
falsefalse Australia
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$69.9MWorld Rnk 68 / 174
Flag Rnk 20 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $653M in Gold, making it the 72nd largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Laos. The main destination of Gold exports from Laos are: Australia ($350M), India ($87M), Hong Kong ($61.5M), Switzerland ($59.6M), and Thailand ($47.7M).

The fastest growing export markets for Gold of Laos between 2022 and 2023 were India ($44.7M), China ($15.3M), and Australia ($12.1M).

Imports In 2023, Laos imported $69.9M in Gold, becoming the 68th largest importer of Gold in the world. At the same year, Gold was the 20th most imported product in Laos. Laos imports Gold primarily from: Thailand ($69.6M) and United States ($379k).

Latest Trends

Dec 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 Gold. 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 (2023)$653M
IMPORTS (2023)$69.9M
NET TRADE (2023)$583M

In 2023, Laos exported $653M in Gold. The main destinations of Laos exports on Gold were Australia ($350M), India ($87M), Hong Kong ($61.5M), Switzerland ($59.6M), and Thailand ($47.7M).

In 2023, Laos imported $69.9M in Gold, mainly from Thailand ($69.6M) and United States ($379k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Laos WERE (2022 - 2023):
India$44.7M (105%)
China$15.3M (47.6%)
Australia$12.1M (3.59%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Laos WERE (2022 - 2023):
Thailand-$250M (-84%)
Switzerland-$15.8M (-20.9%)
Singapore-$11.6M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Gold were:
In 2023, Laos's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $99.1M
TOP IMPORT POTENTIALUnited States+ $1.83M

Gold’s highest export potential is China. With an export gap of $99.1M.   Gold’s highest import potential is United States with an import gap of $1.83M.

See methodology.

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