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2023
Exports $13.1MWorld Rnk 43 / 191
Flag Rnk 59 / 630
2023
Destination $199k Germany
2022 - 2023
FASTEST GROWING MARKET $199kChile
2023
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.47Rnk 942 / 1025
2023
Imports $153kWorld Rnk 167 / 214
Flag Rnk 714 / 1073
2023
Origin $77.5k China
2022 - 2023
FASTEST GROWING ORIGIN $77.5kChina
2023
ECONOMIC COMPLEXITY of Laos-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $13.1M in Knit Men's Undergarments, making it the 43rd largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 59th most exported product in Laos. The main destination of Knit Men's Undergarments exports from Laos are: Germany ($3.39M), Italy ($2.53M), Czechia ($1.74M), United Kingdom ($653k), and Thailand ($546k).

The fastest growing export markets for Knit Men's Undergarments of Laos between 2022 and 2023 were Chile ($199k), Finland ($136k), and United States ($66.1k).

Imports In 2023, Laos imported $153k in Knit Men's Undergarments, becoming the 167th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 714th most imported product in Laos. Laos imports Knit Men's Undergarments primarily from: China ($140k), United Kingdom ($6.31k), Denmark ($3.47k), and Thailand ($3.11k).

The fastest growing import markets in Knit Men's Undergarments for Laos between 2022 and 2023 were China ($77.5k), United Kingdom ($6.31k), and Denmark ($3.47k).

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 Knit Men's Undergarments. 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)$13.1M
IMPORTS (2023)$153k
NET TRADE (2023)$12.9M

In 2023, Laos exported $13.1M in Knit Men's Undergarments. The main destinations of Laos exports on Knit Men's Undergarments were Germany ($3.39M), Italy ($2.53M), Czechia ($1.74M), United Kingdom ($653k), and Thailand ($546k).

In 2023, Laos imported $153k in Knit Men's Undergarments, mainly from China ($140k), United Kingdom ($6.31k), Denmark ($3.47k), and Thailand ($3.11k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Chile$199k (30.1k%)
Finland$136k (73.9%)
United States$66.1k (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Laos WERE (2022 - 2023):
Germany-$6.17M (-64.5%)
Thailand-$1.26M (-69.7%)
South Korea-$1.11M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Knit Men's Undergarments were:
China $2.48B
Bangladesh $1.08B
Vietnam $638M
In 2023, Laos's main importing competitors in Knit Men's Undergarments were:
United States $1.71B
Germany $562M
Japan $412M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.42M
TOP IMPORT POTENTIALChina+ $101k

Knit Men's Undergarments’s highest export potential is Germany. With an export gap of $1.42M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $101k.

See methodology.

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