2022
Exports
$56.8MWorld Rnk 49 / 171
Flag Rnk 26 / 648
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$250MWorld Rnk 39 / 224
Flag Rnk 4 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $56.8M in Raw Sugar, making it the 49th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 26th most exported product in Laos. The main destination of Raw Sugar exports from Laos are: Vietnam ($55.6M), United Kingdom ($316k), France ($212k), Belgium ($207k), and Denmark ($172k).

The fastest growing export markets for Raw Sugar of Laos between 2021 and 2022 were Poland ($47.7k), Serbia ($24.2k), and Armenia ($1.74k).

Imports In 2022, Laos imported $250M in Raw Sugar, becoming the 39th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 4th most imported product in Laos. Laos imports Raw Sugar primarily from: Thailand ($250M), Vietnam ($235k), South Korea ($214), France ($25), and Austria ($6).

The fastest growing import markets in Raw Sugar for Laos between 2021 and 2022 were Thailand ($181M) and Vietnam ($224k).

COMPANIES In 2023, leading companies such as Del Monte Foods (3) were at the forefront of shipping Raw Sugar from Laos to the United States.

Latest Trends

Oct 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 Raw Sugar. 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)$56.8M
IMPORTS (2022)$250M
NET TRADE (2022)-$193M

In 2022, Laos exported $56.8M in Raw Sugar. The main destinations of Laos exports on Raw Sugar were Vietnam ($55.6M), United Kingdom ($316k), France ($212k), Belgium ($207k), and Denmark ($172k).

In 2022, Laos imported $250M in Raw Sugar, mainly from Thailand ($250M), Vietnam ($235k), South Korea ($214), France ($25), and Austria ($6).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Poland$47.7k (1%)
Serbia$24.2k (1%)
Armenia$1.74k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Laos WERE (2021 - 2022):
Vietnam-$28.4M (-33.8%)
Belgium-$3.64M (-94.6%)
China-$1.85M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Laos's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $499k
TOP IMPORT POTENTIALVietnam+ $363k

Raw Sugar’s highest export potential is United Kingdom. With an export gap of $499k.   Raw Sugar’s highest import potential is Vietnam with an import gap of $363k.

See methodology.

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