2022
Exports
$19.3MWorld Rnk 38 / 189
Flag Rnk 53 / 648
2022
PRODUCT COMPLEXITY IN Perfume Plants
-1.82Rnk 983 / 1025
2022
Imports
$2.38MWorld Rnk 88 / 213
Flag Rnk 328 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $19.3M in Perfume Plants, making it the 38th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 53rd most exported product in Laos. The main destination of Perfume Plants exports from Laos are: China ($12.4M), Japan ($2.18M), France ($1.85M), Vietnam ($1.46M), and Thailand ($1.25M).

The fastest growing export markets for Perfume Plants of Laos between 2021 and 2022 were China ($12.1M), Vietnam ($697k), and France ($468k).

Imports In 2022, Laos imported $2.38M in Perfume Plants, becoming the 88th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 328th most imported product in Laos. Laos imports Perfume Plants primarily from: Vietnam ($2.21M), Japan ($115k), Thailand ($26.8k), Nepal ($24.1k), and South Korea ($1.19k).

The fastest growing import markets in Perfume Plants for Laos between 2021 and 2022 were Japan ($49.2k), Singapore ($1.09k), and South Korea ($965).

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 Perfume Plants. 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)$19.3M
IMPORTS (2022)$2.38M
NET TRADE (2022)$16.9M

In 2022, Laos exported $19.3M in Perfume Plants. The main destinations of Laos exports on Perfume Plants were China ($12.4M), Japan ($2.18M), France ($1.85M), Vietnam ($1.46M), and Thailand ($1.25M).

In 2022, Laos imported $2.38M in Perfume Plants, mainly from Vietnam ($2.21M), Japan ($115k), Thailand ($26.8k), Nepal ($24.1k), and South Korea ($1.19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$12.1M (5.05k%)
Vietnam$697k (91.8%)
France$468k (33.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Laos WERE (2021 - 2022):
Bahrain-$140k (-100%)
Saudi Arabia-$76.1k (-100%)
Germany-$33.6k (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Perfume Plants were:
In 2022, Laos's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $3.77M
TOP IMPORT POTENTIALThailand+ $47.9k

Perfume Plants’s highest export potential is China. With an export gap of $3.77M.   Perfume Plants’s highest import potential is Thailand with an import gap of $47.9k.

See methodology.

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