2022
Exports
$3.14MWorld Rnk 113 / 216
Flag Rnk 107 / 648
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$16.7MWorld Rnk 124 / 222
Flag Rnk 95 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $3.14M in Industrial Fatty Acids, Oils and Alcohols, making it the 113th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 107th most exported product in Laos. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Laos are: China ($3.14M), Thailand ($488), and Indonesia ($32).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Laos between 2021 and 2022 were China ($1.01M), Thailand ($412), and Indonesia ($32).

Imports In 2022, Laos imported $16.7M in Industrial Fatty Acids, Oils and Alcohols, becoming the 124th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 95th most imported product in Laos. Laos imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($8.88M), Thailand ($5.91M), Australia ($475k), Japan ($436k), and Vietnam ($383k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Laos between 2021 and 2022 were France ($302k), Australia ($185k), and Singapore ($65.5k).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$3.14M
IMPORTS (2022)$16.7M
NET TRADE (2022)-$13.6M

In 2022, Laos exported $3.14M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Laos exports on Industrial Fatty Acids, Oils and Alcohols were China ($3.14M), Thailand ($488), and Indonesia ($32).

In 2022, Laos imported $16.7M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($8.88M), Thailand ($5.91M), Australia ($475k), Japan ($436k), and Vietnam ($383k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$1.01M (47.4%)
Thailand$412 (542%)
Indonesia$32 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Laos WERE (2021 - 2022):Malaysia-$37 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Laos's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $832
TOP IMPORT POTENTIALThailand+ $75.6k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $832.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Thailand with an import gap of $75.6k.

See methodology.

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