2022
Exports
$42.2kWorld Rnk 146 / 218
Flag Rnk 293 / 648
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$2.62MWorld Rnk 140 / 224
Flag Rnk 310 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $42.2k in Other Hand Tools, making it the 146th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 293rd most exported product in Laos. The main destination of Other Hand Tools exports from Laos are: Thailand ($37.2k), Morocco ($3.39k), Estonia ($669), France ($599), and Poland ($388).

The fastest growing export markets for Other Hand Tools of Laos between 2021 and 2022 were Thailand ($35.2k), Morocco ($3.39k), and Poland ($388).

Imports In 2022, Laos imported $2.62M in Other Hand Tools, becoming the 140th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 310th most imported product in Laos. Laos imports Other Hand Tools primarily from: Thailand ($1.62M), China ($909k), Australia ($27k), India ($22.6k), and Vietnam ($11.3k).

The fastest growing import markets in Other Hand Tools for Laos between 2021 and 2022 were China ($407k), Thailand ($207k), and Netherlands ($6.23k).

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 Hand Tools. 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)$42.2k
IMPORTS (2022)$2.62M
NET TRADE (2022)-$2.58M

In 2022, Laos exported $42.2k in Other Hand Tools. The main destinations of Laos exports on Other Hand Tools were Thailand ($37.2k), Morocco ($3.39k), Estonia ($669), France ($599), and Poland ($388).

In 2022, Laos imported $2.62M in Other Hand Tools, mainly from Thailand ($1.62M), China ($909k), Australia ($27k), India ($22.6k), and Vietnam ($11.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$35.2k (1.81k%)
Morocco$3.39k (1%)
Poland$388 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Laos WERE (2021 - 2022):
Vietnam-$1.79k (-100%)
France-$1.08k (-64.4%)
Canada-$463 (-97.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $29.4k
TOP IMPORT POTENTIALChina+ $1M

Other Hand Tools’s highest export potential is Thailand. With an export gap of $29.4k.   Other Hand Tools’s highest import potential is China with an import gap of $1M.

See methodology.

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