2023
Exports
$181MWorld Rnk 69 / 207
Flag Rnk 14 / 93
2023
PRODUCT COMPLEXITY IN Inorganic chemicals
1.54Rnk 38 / 1025
2023
Imports
$77MWorld Rnk 103 / 226
Flag Rnk 22 / 96
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $181M in Inorganic chemicals, making it the 69th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 14th most exported product in Laos. The main destination of Inorganic chemicals exports from Laos are: China ($131M), Thailand ($13.4M), Japan ($11.6M), United States ($9.79M), and United Arab Emirates ($5.67M).

The fastest growing export markets for Inorganic chemicals of Laos between 2022 and 2023 were China ($105M), United States ($7.83M), and Saudi Arabia ($2.5M).

Imports In 2023, Laos imported $77M in Inorganic chemicals, becoming the 103rd largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 22nd most imported product in Laos. Laos imports Inorganic chemicals primarily from: Thailand ($47.7M), China ($29.1M), Singapore ($49.8k), Germany ($33.1k), and United States ($30.5k).

The fastest growing import markets in Inorganic chemicals for Laos between 2022 and 2023 were China ($6.34M), United States ($30.5k), and Singapore ($22.9k).

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 Inorganic chemicals. 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)$181M
IMPORTS (2023)$77M
NET TRADE (2023)$104M

In 2023, Laos exported $181M in Inorganic chemicals. The main destinations of Laos exports on Inorganic chemicals were China ($131M), Thailand ($13.4M), Japan ($11.6M), United States ($9.79M), and United Arab Emirates ($5.67M).

In 2023, Laos imported $77M in Inorganic chemicals, mainly from Thailand ($47.7M), China ($29.1M), Singapore ($49.8k), Germany ($33.1k), and United States ($30.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Laos WERE (2022 - 2023):
China$105M (410%)
United States$7.83M (400%)
Saudi Arabia$2.5M (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Laos WERE (2022 - 2023):
Thailand-$16.8M (-55.7%)
Japan-$15.5M (-57.3%)
Canada-$3.19M (-46.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.43M
TOP IMPORT POTENTIALChina+ $651k

Inorganic chemicals’s highest export potential is United States. With an export gap of $2.43M.   Inorganic chemicals’s highest import potential is China with an import gap of $651k.

See methodology.

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