2022
Exports
$4.49MWorld Rnk 41 / 136
Flag Rnk 99 / 648
falsefalse Thailand
2022
PRODUCT COMPLEXITY IN Molasses
-1.56Rnk 955 / 1025
2022
Imports
$32.6kWorld Rnk 124 / 193
Flag Rnk 871 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $4.49M in Molasses, making it the 41st largest exporter of Molasses in the world. At the same year, Molasses was the 99th most exported product in Laos. The main destination of Molasses exports from Laos are: Thailand ($3.56M) and Vietnam ($934k).

The fastest growing export markets for Molasses of Laos between 2021 and 2022 were Thailand ($431k) and Vietnam ($56.3k).

Imports In 2022, Laos imported $32.6k in Molasses, becoming the 124th largest importer of Molasses in the world. At the same year, Molasses was the 871st most imported product in Laos. Laos imports Molasses primarily from: Thailand ($27.6k) and Vietnam ($5.01k).

Latest Trends

Oct 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 Molasses. 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 (2022)$4.49M
IMPORTS (2022)$32.6k
NET TRADE (2022)$4.46M

In 2022, Laos exported $4.49M in Molasses. The main destinations of Laos exports on Molasses were Thailand ($3.56M) and Vietnam ($934k).

In 2022, Laos imported $32.6k in Molasses, mainly from Thailand ($27.6k) and Vietnam ($5.01k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molasses EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$431k (13.8%)
Vietnam$56.3k (6.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molasses BY Laos WERE (2021 - 2022):
Belgium-$88.1k (-100%)
Netherlands-$49.9k (-100%)
United Kingdom-$18.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Molasses were:
In 2022, Laos's main importing competitors in Molasses were:

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Trade Value of Molasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $526k
TOP IMPORT POTENTIALThailand+ $13k

Molasses’s highest export potential is Vietnam. With an export gap of $526k.   Molasses’s highest import potential is Thailand with an import gap of $13k.

See methodology.

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