2023
Exports
$34.9MWorld Rnk 61 / 186
Flag Rnk 37 / 630
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$244MWorld Rnk 46 / 225
Flag Rnk 3 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $34.9M in Raw Sugar, making it the 61st largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 37th most exported product in Laos. The main destination of Raw Sugar exports from Laos are: Romania ($21.5M), Italy ($4.91M), Bulgaria ($2.35M), France ($1.59M), and Belgium ($1.38M).

The fastest growing export markets for Raw Sugar of Laos between 2022 and 2023 were Romania ($21.5M), Italy ($4.91M), and Bulgaria ($2.35M).

Imports In 2023, Laos imported $244M in Raw Sugar, becoming the 46th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 3rd most imported product in Laos. Laos imports Raw Sugar primarily from: Thailand ($244M) and France ($79).

The fastest growing import markets in Raw Sugar for Laos between 2022 and 2023 were France ($54).

Latest Trends

Dec 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 (2023)$34.9M
IMPORTS (2023)$244M
NET TRADE (2023)-$210M

In 2023, Laos exported $34.9M in Raw Sugar. The main destinations of Laos exports on Raw Sugar were Romania ($21.5M), Italy ($4.91M), Bulgaria ($2.35M), France ($1.59M), and Belgium ($1.38M).

In 2023, Laos imported $244M in Raw Sugar, mainly from Thailand ($244M) and France ($79).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Romania$21.5M (1%)
Italy$4.91M (1%)
Bulgaria$2.35M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Laos WERE (2022 - 2023):
Vietnam-$61.1M (-100%)
Denmark-$196k (-100%)
Czechia-$104k (-91.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, 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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