2022
Exports
$44.7MWorld Rnk 34 / 176
Flag Rnk 31 / 648
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$29.6MWorld Rnk 114 / 221
Flag Rnk 60 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $44.7M in Rice, making it the 34th largest exporter of Rice in the world. At the same year, Rice was the 31st most exported product in Laos. The main destination of Rice exports from Laos are: China ($23.2M), Vietnam ($14.4M), Belgium ($5.91M), Australia ($315k), and France ($271k).

The fastest growing export markets for Rice of Laos between 2021 and 2022 were China ($8.53M), Belgium ($4.84M), and Vietnam ($2.85M).

Imports In 2022, Laos imported $29.6M in Rice, becoming the 114th largest importer of Rice in the world. At the same year, Rice was the 60th most imported product in Laos. Laos imports Rice primarily from: Thailand ($23.3M), Vietnam ($5.04M), United States ($950k), South Korea ($251k), and Japan ($12.4k).

The fastest growing import markets in Rice for Laos between 2021 and 2022 were Thailand ($4.41M), Japan ($9.76k), and France ($155).

Latest Trends

Mar 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 Rice. 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)$44.7M
IMPORTS (2022)$29.6M
NET TRADE (2022)$15.1M

In 2022, Laos exported $44.7M in Rice. The main destinations of Laos exports on Rice were China ($23.2M), Vietnam ($14.4M), Belgium ($5.91M), Australia ($315k), and France ($271k).

In 2022, Laos imported $29.6M in Rice, mainly from Thailand ($23.3M), Vietnam ($5.04M), United States ($950k), South Korea ($251k), and Japan ($12.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$8.53M (58.2%)
Belgium$4.84M (451%)
Vietnam$2.85M (24.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Laos WERE (2021 - 2022):
Netherlands-$3.23M (-100%)
Thailand-$141k (-100%)
Australia-$66.4k (-17.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Laos's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

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