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2022
Exports $194MWorld Rnk 25 / 128
Flag Rnk 10 / 648
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $81.2kWorld Rnk 83 / 130
Flag Rnk 800 / 1071
2021 - 2022
FASTEST GROWING ORIGINfalseChina
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $194M in Iron Ore, making it the 25th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 10th most exported product in Laos. The main destination of Iron Ore exports from Laos are: China ($155M), Vietnam ($39.2M), and Thailand ($22).

Imports In 2022, Laos imported $81.2k in Iron Ore, becoming the 83rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 800th most imported product in Laos. Laos imports Iron Ore primarily from: China ($81.2k).

The fastest growing import markets in Iron Ore for Laos between 2021 and 2022 were China ($31.9k).

Latest Trends

Sep 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 Iron Ore. 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)$194M
IMPORTS (2022)$81.2k
NET TRADE (2022)$194M

In 2022, Laos exported $194M in Iron Ore. The main destinations of Laos exports on Iron Ore were China ($155M), Vietnam ($39.2M), and Thailand ($22).

In 2022, Laos imported $81.2k in Iron Ore, mainly from China ($81.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Laos WERE (2021 - 2022):
Vietnam-$74.9M (-65.6%)
China-$4.84M (-3.03%)
Qatar-$108k (-100%)
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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 Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Laos's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $175M
TOP IMPORT POTENTIALChina+ $98.2k

Iron Ore’s highest export potential is China. With an export gap of $175M.   Iron Ore’s highest import potential is China with an import gap of $98.2k.

See methodology.

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