2022
Exports
$32.6kWorld Rnk 141 / 186
Flag Rnk 309 / 648
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$572kWorld Rnk 144 / 221
Flag Rnk 556 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $32.6k in Other Pure Vegetable Oils, making it the 141st largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 309th most exported product in Laos. The main destination of Other Pure Vegetable Oils exports from Laos are: Chinese Taipei ($26.2k) and France ($6.42k).

The fastest growing export markets for Other Pure Vegetable Oils of Laos between 2021 and 2022 were Chinese Taipei ($6.05k).

Imports In 2022, Laos imported $572k in Other Pure Vegetable Oils, becoming the 144th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 556th most imported product in Laos. Laos imports Other Pure Vegetable Oils primarily from: United States ($266k), Thailand ($200k), Vietnam ($85.1k), South Korea ($11.8k), and China ($6.49k).

The fastest growing import markets in Other Pure Vegetable Oils for Laos between 2021 and 2022 were Thailand ($124k), United States ($66.4k), and South Korea ($4.8k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Other Pure Vegetable Oils from Laos to the United States.

Latest Trends

Jul 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 Pure Vegetable Oils. 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)$32.6k
IMPORTS (2022)$572k
NET TRADE (2022)-$540k

In 2022, Laos exported $32.6k in Other Pure Vegetable Oils. The main destinations of Laos exports on Other Pure Vegetable Oils were Chinese Taipei ($26.2k) and France ($6.42k).

In 2022, Laos imported $572k in Other Pure Vegetable Oils, mainly from United States ($266k), Thailand ($200k), Vietnam ($85.1k), South Korea ($11.8k), and China ($6.49k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Laos WERE (2021 - 2022):Chinese Taipei$6.05k (30.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Laos WERE (2021 - 2022):
Malaysia-$63.8k (-100%)
Thailand-$15.6k (-100%)
United States-$11.9k (-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 Pure Vegetable Oils were:
In 2022, Laos's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $6.72k
TOP IMPORT POTENTIALThailand+ $97.1k

Other Pure Vegetable Oils’s highest export potential is France. With an export gap of $6.72k.   Other Pure Vegetable Oils’s highest import potential is Thailand with an import gap of $97.1k.

See methodology.

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