2022
Exports
$583MWorld Rnk 8 / 130
Flag Rnk 4 / 648
2022
PRODUCT COMPLEXITY IN Potassic Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$11.3MWorld Rnk 81 / 189
Flag Rnk 128 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $583M in Potassic Fertilizers, making it the 8th largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 4th most exported product in Laos. The main destination of Potassic Fertilizers exports from Laos are: China ($248M), Indonesia ($142M), Vietnam ($82.2M), Thailand ($43.7M), and Malaysia ($28M).

The fastest growing export markets for Potassic Fertilizers of Laos between 2021 and 2022 were China ($143M), Indonesia ($108M), and Vietnam ($52.3M).

Imports In 2022, Laos imported $11.3M in Potassic Fertilizers, becoming the 81st largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 128th most imported product in Laos. Laos imports Potassic Fertilizers primarily from: Vietnam ($7.77M), Thailand ($3.38M), and China ($141k).

The fastest growing import markets in Potassic Fertilizers for Laos between 2021 and 2022 were Vietnam ($2.18M) and Thailand ($1.07M).

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 Potassic Fertilizers. 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)$583M
IMPORTS (2022)$11.3M
NET TRADE (2022)$572M

In 2022, Laos exported $583M in Potassic Fertilizers. The main destinations of Laos exports on Potassic Fertilizers were China ($248M), Indonesia ($142M), Vietnam ($82.2M), Thailand ($43.7M), and Malaysia ($28M).

In 2022, Laos imported $11.3M in Potassic Fertilizers, mainly from Vietnam ($7.77M), Thailand ($3.38M), and China ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$143M (135%)
Indonesia$108M (320%)
Vietnam$52.3M (175%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potassic Fertilizers BY Laos WERE (2021 - 2022):New Zealand-$180k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Potassic Fertilizers were:
Canada $13.4B
Russia $4.93B
Germany $2.73B
In 2022, Laos's main importing competitors in Potassic Fertilizers were:

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Trade Value of Potassic Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $76.2M
TOP IMPORT POTENTIALChina+ $215k

Potassic Fertilizers’s highest export potential is China. With an export gap of $76.2M.   Potassic Fertilizers’s highest import potential is China with an import gap of $215k.

See methodology.

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