HS Icon Hydrometers in  Flag Laos

2021
Exports | Imports
: $6.32M | $1.6M, World Rnk 55 / 199
Flag Rnk 98 / 742 | World Rnk 109 / 224
Flag Rnk 439 / 1118

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $162k | $265k, South Korea |  Singapore

2021
ECONOMIC COMPLEXITY of Laos
: -0.7, Rnk 95 / 131

2021
PRODUCT COMPLEXITY IN Hydrometers
: 1.18, Rnk 123 / 1029

Exports In 2021, Laos exported $6.32M in Hydrometers, making it the 55th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 98th most exported product in Laos. The main destination of Hydrometers exports from Laos are: South Korea ($5.79M), China ($516k), Philippines ($6.12k), Thailand ($3.99k), and Vietnam ($2.02k).

The fastest growing export markets for Hydrometers of Laos between 2020 and 2021 were South Korea ($162k), China ($100k), and Philippines ($6.12k).

Imports In 2021, Laos imported $1.6M in Hydrometers, becoming the 109th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 439th most imported product in Laos. Laos imports Hydrometers primarily from: China ($377k), Thailand ($376k), Singapore ($305k), Vietnam ($255k), and United States ($54.1k).

The fastest growing import markets in Hydrometers for Laos between 2020 and 2021 were Singapore ($265k), Vietnam ($220k), and United States ($49.8k).

Tariffs In 2018, the average tariff for Laos in Hydrometers was 4.77%. The countries with the highest import tariffs for Hydrometers were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Subnational Monthly Trade

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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 Hydrometers. 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

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EXPORTS (2021): $6.32M

IMPORTS (2021): $1.6M

NET TRADE (2021): $4.72M

In 2021, Laos exported $6.32M in Hydrometers. The main destinations of Laos exports on Hydrometers were South Korea ($5.79M), China ($516k), Philippines ($6.12k), Thailand ($3.99k), and Vietnam ($2.02k).

In 2021, Laos imported $1.6M in Hydrometers, mainly from China ($377k), Thailand ($376k), Singapore ($305k), Vietnam ($255k), and United States ($54.1k).

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THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Laos WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Laos WERE (2020 - 2021):

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Market Concentration

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In 2021, Laos's main exporting competitors in Hydrometers were:

In 2021, Laos's main importing competitors in Hydrometers were:

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