2023
Exports
$111kWorld Rnk 169 / 219
Flag Rnk 243 / 630
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$160MWorld Rnk 66 / 226
Flag Rnk 5 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $111k in Machinery Having Individual Functions, making it the 169th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 243rd most exported product in Laos. The main destination of Machinery Having Individual Functions exports from Laos are: France ($29.7k), Thailand ($28.6k), Eswatini ($22.4k), Singapore ($20.3k), and United States ($8.31k).

The fastest growing export markets for Machinery Having Individual Functions of Laos between 2022 and 2023 were France ($29.7k), Eswatini ($22.4k), and Singapore ($19.6k).

Imports In 2023, Laos imported $160M in Machinery Having Individual Functions, becoming the 66th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 5th most imported product in Laos. Laos imports Machinery Having Individual Functions primarily from: China ($150M), Thailand ($6.57M), Germany ($2.81M), Singapore ($162k), and Japan ($134k).

The fastest growing import markets in Machinery Having Individual Functions for Laos between 2022 and 2023 were China ($143M), Thailand ($2.5M), and Germany ($2.38M).

Latest Trends

Jan 2025

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 Machinery Having Individual Functions. 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)$111k
IMPORTS (2023)$160M
NET TRADE (2023)-$160M

In 2023, Laos exported $111k in Machinery Having Individual Functions. The main destinations of Laos exports on Machinery Having Individual Functions were France ($29.7k), Thailand ($28.6k), Eswatini ($22.4k), Singapore ($20.3k), and United States ($8.31k).

In 2023, Laos imported $160M in Machinery Having Individual Functions, mainly from China ($150M), Thailand ($6.57M), Germany ($2.81M), Singapore ($162k), and Japan ($134k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Laos WERE (2022 - 2023):
France$29.7k (1%)
Eswatini$22.4k (1%)
Singapore$19.6k (2.63k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Laos WERE (2022 - 2023):
Thailand-$523k (-94.8%)
United States-$45.4k (-84.5%)
China-$9.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Machinery Having Individual Functions were:
In 2023, Laos's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $430k
TOP IMPORT POTENTIALChina+ $5.63M

Machinery Having Individual Functions’s highest export potential is Thailand. With an export gap of $430k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $5.63M.

See methodology.

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