2022
Exports
$25.7MWorld Rnk 52 / 216
Flag Rnk 45 / 648
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$279MWorld Rnk 37 / 224
Flag Rnk 3 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $25.7M in Other Electrical Machinery, making it the 52nd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 45th most exported product in Laos. The main destination of Other Electrical Machinery exports from Laos are: Thailand ($23.3M), United States ($1.91M), Japan ($122k), Canada ($72k), and United Kingdom ($71.6k).

The fastest growing export markets for Other Electrical Machinery of Laos between 2021 and 2022 were Thailand ($16.2M), United States ($1.48M), and United Kingdom ($71.6k).

Imports In 2022, Laos imported $279M in Other Electrical Machinery, becoming the 37th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 3rd most imported product in Laos. Laos imports Other Electrical Machinery primarily from: Malaysia ($198M), Singapore ($53.1M), Indonesia ($19.9M), China ($4.44M), and Thailand ($3.06M).

The fastest growing import markets in Other Electrical Machinery for Laos between 2021 and 2022 were Malaysia ($187M), Singapore ($43.3M), and Indonesia ($19.9M).

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 Other Electrical Machinery. 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)$25.7M
IMPORTS (2022)$279M
NET TRADE (2022)-$254M

In 2022, Laos exported $25.7M in Other Electrical Machinery. The main destinations of Laos exports on Other Electrical Machinery were Thailand ($23.3M), United States ($1.91M), Japan ($122k), Canada ($72k), and United Kingdom ($71.6k).

In 2022, Laos imported $279M in Other Electrical Machinery, mainly from Malaysia ($198M), Singapore ($53.1M), Indonesia ($19.9M), China ($4.44M), and Thailand ($3.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$16.2M (229%)
United States$1.48M (349%)
United Kingdom$71.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Laos WERE (2021 - 2022):
Australia-$9.92M (-100%)
Japan-$251k (-67.3%)
Pakistan-$183k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Other Electrical Machinery were:
In 2022, Laos's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $2.95M
TOP IMPORT POTENTIALChina+ $8.18M

Other Electrical Machinery’s highest export potential is Thailand. With an export gap of $2.95M.   Other Electrical Machinery’s highest import potential is China with an import gap of $8.18M.

See methodology.

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