2022
Exports
$121kWorld Rnk 50 / 133
Flag Rnk 237 / 648
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$42.3kWorld Rnk 131 / 192
Flag Rnk 854 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $121k in Silk Fabrics, making it the 50th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 237th most exported product in Laos. The main destination of Silk Fabrics exports from Laos are: United States ($43.2k), Spain ($32.1k), United Kingdom ($24k), Italy ($13.8k), and France ($5.14k).

The fastest growing export markets for Silk Fabrics of Laos between 2021 and 2022 were Spain ($32.1k), United States ($20.3k), and Italy ($11.9k).

Imports In 2022, Laos imported $42.3k in Silk Fabrics, becoming the 131st largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 854th most imported product in Laos. Laos imports Silk Fabrics primarily from: United Arab Emirates ($29k) and Thailand ($13.3k).

The fastest growing import markets in Silk Fabrics for Laos between 2021 and 2022 were United Arab Emirates ($29k) and Thailand ($6.45k).

Latest Trends

Jul 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 Silk Fabrics. 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)$121k
IMPORTS (2022)$42.3k
NET TRADE (2022)$78.9k

In 2022, Laos exported $121k in Silk Fabrics. The main destinations of Laos exports on Silk Fabrics were United States ($43.2k), Spain ($32.1k), United Kingdom ($24k), Italy ($13.8k), and France ($5.14k).

In 2022, Laos imported $42.3k in Silk Fabrics, mainly from United Arab Emirates ($29k) and Thailand ($13.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Spain$32.1k (1%)
United States$20.3k (88.9%)
Italy$11.9k (601%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Laos WERE (2021 - 2022):
United Arab Emirates-$36.2k (-100%)
France-$15.2k (-74.8%)
Vietnam-$2.95k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Laos's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.8k
TOP IMPORT POTENTIALThailand+ $2.52k

Silk Fabrics’s highest export potential is United States. With an export gap of $25.8k.   Silk Fabrics’s highest import potential is Thailand with an import gap of $2.52k.

See methodology.

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