2022
Exports
$2.26MWorld Rnk 43 / 149
Flag Rnk 119 / 648
falsefalse Thailand
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$458kWorld Rnk 125 / 201
Flag Rnk 591 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $2.26M in Ground Nuts, making it the 43rd largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 119th most exported product in Laos. The main destination of Ground Nuts exports from Laos are: Thailand ($2.25M) and Vietnam ($7.03k).

Imports In 2022, Laos imported $458k in Ground Nuts, becoming the 125th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 591st most imported product in Laos. Laos imports Ground Nuts primarily from: Vietnam ($393k) and Thailand ($64.3k).

The fastest growing import markets in Ground Nuts for Laos between 2021 and 2022 were Vietnam ($274k).

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 Ground Nuts. 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)$2.26M
IMPORTS (2022)$458k
NET TRADE (2022)$1.8M

In 2022, Laos exported $2.26M in Ground Nuts. The main destinations of Laos exports on Ground Nuts were Thailand ($2.25M) and Vietnam ($7.03k).

In 2022, Laos imported $458k in Ground Nuts, mainly from Vietnam ($393k) and Thailand ($64.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Laos WERE (2021 - 2022):
Thailand-$2.43M (-51.9%)
Vietnam-$466k (-98.5%)
China-$48k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $138k
TOP IMPORT POTENTIALVietnam+ $37.1k

Ground Nuts’s highest export potential is Thailand. With an export gap of $138k.   Ground Nuts’s highest import potential is Vietnam with an import gap of $37.1k.

See methodology.

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