2022
Exports
$3.1kWorld Rnk 200 / 217
Flag Rnk 459 / 648
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$33.4MWorld Rnk 157 / 224
Flag Rnk 52 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $3.1k in Packaged Medicaments, making it the 200th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 459th most exported product in Laos. The main destination of Packaged Medicaments exports from Laos are: Hong Kong ($2.11k), France ($747), South Korea ($204), and Thailand ($39).

The fastest growing export markets for Packaged Medicaments of Laos between 2021 and 2022 were Hong Kong ($2.11k), France ($292), and South Korea ($169).

Imports In 2022, Laos imported $33.4M in Packaged Medicaments, becoming the 157th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 52nd most imported product in Laos. Laos imports Packaged Medicaments primarily from: Thailand ($22.2M), China ($3.4M), India ($3M), Vietnam ($1.36M), and Japan ($681k).

The fastest growing import markets in Packaged Medicaments for Laos between 2021 and 2022 were Thailand ($2.08M), India ($1.25M), and China ($1.13M).

Latest Trends

Sep 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 Packaged Medicaments. 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)$3.1k
IMPORTS (2022)$33.4M
NET TRADE (2022)-$33.4M

In 2022, Laos exported $3.1k in Packaged Medicaments. The main destinations of Laos exports on Packaged Medicaments were Hong Kong ($2.11k), France ($747), South Korea ($204), and Thailand ($39).

In 2022, Laos imported $33.4M in Packaged Medicaments, mainly from Thailand ($22.2M), China ($3.4M), India ($3M), Vietnam ($1.36M), and Japan ($681k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Hong Kong$2.11k (1%)
France$292 (64.2%)
South Korea$169 (483%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Laos WERE (2021 - 2022):
Vietnam-$52.1k (-100%)
China-$2.46k (-100%)
Macau-$490 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $4.38k
TOP IMPORT POTENTIALChina+ $5M

Packaged Medicaments’s highest export potential is Hong Kong. With an export gap of $4.38k.   Packaged Medicaments’s highest import potential is China with an import gap of $5M.

See methodology.

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