2022
Exports
$48.7kWorld Rnk 110 / 202
Flag Rnk 282 / 648
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$7.6MWorld Rnk 91 / 224
Flag Rnk 171 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $48.7k in Rubber Belting, making it the 110th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 282nd most exported product in Laos. The main destination of Rubber Belting exports from Laos are: Philippines ($48.6k) and Angola ($92).

The fastest growing export markets for Rubber Belting of Laos between 2021 and 2022 were Philippines ($48.6k) and Angola ($92).

Imports In 2022, Laos imported $7.6M in Rubber Belting, becoming the 91st largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 171st most imported product in Laos. Laos imports Rubber Belting primarily from: China ($4.93M), Thailand ($2.11M), Poland ($464k), Vietnam ($49k), and Japan ($12.5k).

The fastest growing import markets in Rubber Belting for Laos between 2021 and 2022 were China ($3.73M), Thailand ($516k), and Canada ($5.95k).

Latest Trends

Nov 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 Rubber Belting. 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)$48.7k
IMPORTS (2022)$7.6M
NET TRADE (2022)-$7.55M

In 2022, Laos exported $48.7k in Rubber Belting. The main destinations of Laos exports on Rubber Belting were Philippines ($48.6k) and Angola ($92).

In 2022, Laos imported $7.6M in Rubber Belting, mainly from China ($4.93M), Thailand ($2.11M), Poland ($464k), Vietnam ($49k), and Japan ($12.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Philippines$48.6k (1%)
Angola$92 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Laos WERE (2021 - 2022):
South Africa-$36 (-100%)
Canada-$9 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Rubber Belting were:
In 2022, Laos's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $548
TOP IMPORT POTENTIALChina+ $1.63M

Rubber Belting’s highest export potential is China. With an export gap of $548.   Rubber Belting’s highest import potential is China with an import gap of $1.63M.

See methodology.

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