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2019
Exports $1.28kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2019
Imports $46.7kWorld Rnk 75 / 185
Flag Rnk 844 / 1071
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $46.7k in Ground Nut Oil, becoming the 75th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 844th most imported product in Laos. Laos imports Ground Nut Oil primarily from: Thailand ($31.6k) and Vietnam ($15.1k).

The fastest growing import markets in Ground Nut Oil for Laos between 2021 and 2022 were Thailand ($18k).

Historical Data

Trade Balance

Color
EXPORTS (2019)$1.28k
IMPORTS (2022)$46.7k
NET TRADE (2022)-$46.7k

In 2022, Laos imported $46.7k in Ground Nut Oil, mainly from Thailand ($31.6k) and Vietnam ($15.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Laos's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $601
TOP IMPORT POTENTIALIndia+ $853

Ground Nut Oil’s highest export potential is China. With an export gap of $601.   Ground Nut Oil’s highest import potential is India with an import gap of $853.

See methodology.

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