2023
Exports
$65.9MWorld Rnk 3 / 169
Flag Rnk 23 / 630
2023
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.65Rnk 965 / 1025
2023
Imports
$21.4kWorld Rnk 144 / 202
Flag Rnk 903 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $65.9M in Locust beans, seaweed, sugar beet, cane, for food, making it the 3rd largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 23rd most exported product in Laos. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Laos are: China ($64.3M), Thailand ($1.53M), and Maldives ($4).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Laos between 2022 and 2023 were China ($1.23M) and Maldives ($4).

Imports In 2018, Laos imported $21.4k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 144th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 903rd most imported product in Laos. Laos imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Japan ($20k) and Thailand ($1.41k).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Laos between 2022 and 2023 were Japan ($11.7k).

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 Locust beans, seaweed, sugar beet, cane, for food. 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)$65.9M
IMPORTS (2023)$21.4k
NET TRADE (2023)$65.9M

In 2023, Laos exported $65.9M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Laos exports on Locust beans, seaweed, sugar beet, cane, for food were China ($64.3M), Thailand ($1.53M), and Maldives ($4).

In 2023, Laos imported $21.4k in Locust beans, seaweed, sugar beet, cane, for food, mainly from Japan ($20k) and Thailand ($1.41k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Laos WERE (2022 - 2023):
China$1.23M (1.95%)
Maldives$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Laos WERE (2022 - 2023):
Thailand-$232k (-13.2%)
South Korea-$2 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
China $500M
Nigeria $70.3M
In 2023, Laos's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $7.81M
TOP IMPORT POTENTIALVietnam+ $43.2k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is China. With an export gap of $7.81M.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is Vietnam with an import gap of $43.2k.

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