2022
Exports
$16World Rnk 166 / 175
Flag Rnk 626 / 648
2022
PRODUCT COMPLEXITY IN Pencils and Crayons
-0.17Rnk 604 / 1025
2022
Imports
$461kWorld Rnk 148 / 214
Flag Rnk 590 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $16 in Pencils and Crayons, making it the 166th largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 626th most exported product in Laos. The main destination of Pencils and Crayons exports from Laos are: South Korea ($16).

The fastest growing export markets for Pencils and Crayons of Laos between 2021 and 2022 were South Korea ($16).

Imports In 2022, Laos imported $461k in Pencils and Crayons, becoming the 148th largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 590th most imported product in Laos. Laos imports Pencils and Crayons primarily from: Thailand ($269k), China ($177k), United Kingdom ($5.69k), Vietnam ($3.2k), and South Korea ($2.95k).

The fastest growing import markets in Pencils and Crayons for Laos between 2021 and 2022 were China ($150k), United Kingdom ($3.72k), and South Korea ($966).

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 Pencils and Crayons. 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)$16
IMPORTS (2022)$461k
NET TRADE (2022)-$461k

In 2022, Laos exported $16 in Pencils and Crayons. The main destinations of Laos exports on Pencils and Crayons were South Korea ($16).

In 2022, Laos imported $461k in Pencils and Crayons, mainly from Thailand ($269k), China ($177k), United Kingdom ($5.69k), Vietnam ($3.2k), and South Korea ($2.95k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR Laos WERE (2021 - 2022):South Korea$16 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY Laos WERE (2021 - 2022):
Thailand-$5.35k (-100%)
Namibia-$450 (-100%)
Honduras-$204 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Pencils and Crayons were:
China $911M
Brazil $91.2M
In 2022, Laos's main importing competitors in Pencils and Crayons were:

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $449
TOP IMPORT POTENTIALChina+ $199k

Pencils and Crayons’s highest export potential is United States. With an export gap of $449.   Pencils and Crayons’s highest import potential is China with an import gap of $199k.

See methodology.

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