2022
Exports
$54.9kWorld Rnk 194 / 212
Flag Rnk 270 / 648
falsefalse Thailand
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$1.36MWorld Rnk 90 / 187
Flag Rnk 420 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $54.9k in Scrap Iron, making it the 194th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 270th most exported product in Laos. The main destination of Scrap Iron exports from Laos are: Thailand ($54.9k).

Imports In 2022, Laos imported $1.36M in Scrap Iron, becoming the 90th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 420th most imported product in Laos. Laos imports Scrap Iron primarily from: Thailand ($899k) and Canada ($463k).

The fastest growing import markets in Scrap Iron for Laos between 2021 and 2022 were Canada ($463k).

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 Scrap Iron. 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)$54.9k
IMPORTS (2022)$1.36M
NET TRADE (2022)-$1.31M

In 2022, Laos exported $54.9k in Scrap Iron. The main destinations of Laos exports on Scrap Iron were Thailand ($54.9k).

In 2022, Laos imported $1.36M in Scrap Iron, mainly from Thailand ($899k) and Canada ($463k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Laos WERE (2021 - 2022):
Vietnam-$121k (-100%)
India-$120k (-100%)
Thailand-$88.2k (-61.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Scrap Iron were:
In 2022, Laos's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $84.1k
TOP IMPORT POTENTIALThailand+ $307k

Scrap Iron’s highest export potential is Thailand. With an export gap of $84.1k.   Scrap Iron’s highest import potential is Thailand with an import gap of $307k.

See methodology.

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