HS Icon Iron Structures in  Flag Laos

2021
Exports | Imports
: $438k | $97.9M, World Rnk 128 / 201
Flag Rnk 239 / 742 | World Rnk 87 / 225
Flag Rnk 8 / 1118

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $145k | $10.4M, Thailand |  Vietnam

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

2021
PRODUCT COMPLEXITY IN Iron Structures
: 0.39, Rnk 412 / 1029

Exports In 2021, Laos exported $438k in Iron Structures, making it the 128th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 239th most exported product in Laos. The main destination of Iron Structures exports from Laos are: Thailand ($231k), China ($156k), Vietnam ($50.6k), and Canada ($6).

The fastest growing export markets for Iron Structures of Laos between 2020 and 2021 were Thailand ($145k) and Canada ($6).

Imports In 2021, Laos imported $97.9M in Iron Structures, becoming the 87th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 8th most imported product in Laos. Laos imports Iron Structures primarily from: China ($60M), Vietnam ($24.2M), Thailand ($9.12M), Italy ($2.66M), and Germany ($540k).

The fastest growing import markets in Iron Structures for Laos between 2020 and 2021 were Vietnam ($10.4M), Italy ($1.89M), and Hungary ($506k).

Tariffs In 2018, the average tariff for Laos in Iron Structures was 4.77%. The countries with the highest import tariffs for Iron Structures 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 Iron Structures. 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): $438k

IMPORTS (2021): $97.9M

NET TRADE (2021): -$97.5M

In 2021, Laos exported $438k in Iron Structures. The main destinations of Laos exports on Iron Structures were Thailand ($231k), China ($156k), Vietnam ($50.6k), and Canada ($6).

In 2021, Laos imported $97.9M in Iron Structures, mainly from China ($60M), Vietnam ($24.2M), Thailand ($9.12M), Italy ($2.66M), and Germany ($540k).

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Flow

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

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

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Market Concentration

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

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

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