2022
Exports
$136MWorld Rnk 40 / 219
Flag Rnk 13 / 648
2022
PRODUCT COMPLEXITY IN Leather Footwear
-0.71Rnk 760 / 1025
2022
Imports
$968kWorld Rnk 175 / 222
Flag Rnk 471 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $136M in Leather Footwear, making it the 40th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 13th most exported product in Laos. The main destination of Leather Footwear exports from Laos are: United States ($45.5M), Netherlands ($24.7M), United Kingdom ($17.6M), Japan ($13M), and Germany ($9.21M).

The fastest growing export markets for Leather Footwear of Laos between 2021 and 2022 were United States ($27M), United Kingdom ($9.66M), and Netherlands ($7.54M).

Imports In 2022, Laos imported $968k in Leather Footwear, becoming the 175th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 471st most imported product in Laos. Laos imports Leather Footwear primarily from: China ($426k), Vietnam ($273k), Thailand ($134k), United Kingdom ($50.6k), and France ($35.9k).

The fastest growing import markets in Leather Footwear for Laos between 2021 and 2022 were China ($205k), United Kingdom ($11.6k), and Canada ($7.98k).

COMPANIES In 2023, leading companies such as Goya Foods (4) were at the forefront of shipping Leather Footwear from Laos to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$968k
NET TRADE (2022)$135M

In 2022, Laos exported $136M in Leather Footwear. The main destinations of Laos exports on Leather Footwear were United States ($45.5M), Netherlands ($24.7M), United Kingdom ($17.6M), Japan ($13M), and Germany ($9.21M).

In 2022, Laos imported $968k in Leather Footwear, mainly from China ($426k), Vietnam ($273k), Thailand ($134k), United Kingdom ($50.6k), and France ($35.9k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United States$27M (146%)
United Kingdom$9.66M (121%)
Netherlands$7.54M (44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Laos WERE (2021 - 2022):
Australia-$2.15M (-51.3%)
Canada-$1.2M (-51.7%)
China-$958k (-43.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Laos's main exporting competitors in Leather Footwear were:
China $12.6B
Vietnam $8.21B
Italy $7.71B
In 2022, Laos's main importing competitors in Leather Footwear were:

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.1M
TOP IMPORT POTENTIALChina+ $762k

Leather Footwear’s highest export potential is United States. With an export gap of $19.1M.   Leather Footwear’s highest import potential is China with an import gap of $762k.

See methodology.

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