2022
Exports
$6.89MWorld Rnk 157 / 226
Flag Rnk 40 / 94
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$900MWorld Rnk 108 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $6.89M in Machinery, mechanical appliances, & parts, making it the 157th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 40th most exported product in Laos. The main destination of Machinery, mechanical appliances, & parts exports from Laos are: Thailand ($4.6M), Vietnam ($675k), Philippines ($528k), Canada ($410k), and United Arab Emirates ($76.8k).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Laos between 2021 and 2022 were Thailand ($115k), Ireland ($66.8k), and Georgia ($30k).

Imports In 2022, Laos imported $900M in Machinery, mechanical appliances, & parts, becoming the 108th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most imported product in Laos. Laos imports Machinery, mechanical appliances, & parts primarily from: China ($573M), Thailand ($204M), Vietnam ($32.3M), Japan ($17M), and Australia ($14.5M).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Laos between 2021 and 2022 were China ($290M), Vietnam ($4.35M), and Ireland ($1.75M).

COMPANIES In 2023, leading companies such as Norwegian Cruise Line (42), Stihl (25), and General Motors (23) were at the forefront of shipping Machinery, mechanical appliances, & parts from Laos to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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, mechanical appliances, & parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.89M
IMPORTS (2022)$900M
NET TRADE (2022)-$893M

In 2022, Laos exported $6.89M in Machinery, mechanical appliances, & parts. The main destinations of Laos exports on Machinery, mechanical appliances, & parts were Thailand ($4.6M), Vietnam ($675k), Philippines ($528k), Canada ($410k), and United Arab Emirates ($76.8k).

In 2022, Laos imported $900M in Machinery, mechanical appliances, & parts, mainly from China ($573M), Thailand ($204M), Vietnam ($32.3M), Japan ($17M), and Australia ($14.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$115k (2.56%)
Ireland$66.8k (1.28k%)
Georgia$30k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Laos WERE (2021 - 2022):
Vietnam-$2.15M (-76.1%)
Philippines-$2.02M (-79.3%)
China-$1.99M (-97.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Laos's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, Laos's main importing competitors in Machinery, mechanical appliances, & parts were:

Explore Visualizations

Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $3.33M
TOP IMPORT POTENTIALChina+ $289M

Machinery, mechanical appliances, & parts’s highest export potential is Thailand. With an export gap of $3.33M.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $289M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with