2022
Exports | Imports
$2.35k | $425kWorld Rnk 130 / 166
Flag Rnk 477 / 648
World Rnk 120 / 214
Flag Rnk 601 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.83Rnk 95 / 124
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 78 / 1025

About

Exports In 2022, Laos exported $2.35k in Soldering and Welding Machinery, making it the 130th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 477th most exported product in Laos. The main destination of Soldering and Welding Machinery exports from Laos are: Thailand ($2.19k), Poland ($83), and Germany ($78).

The fastest growing export markets for Soldering and Welding Machinery of Laos between 2021 and 2022 were Thailand ($185) and Germany ($78).

Imports In 2022, Laos imported $425k in Soldering and Welding Machinery, becoming the 120th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 601st most imported product in Laos. Laos imports Soldering and Welding Machinery primarily from: China ($234k), Thailand ($158k), Australia ($21.9k), Vietnam ($8.92k), and Denmark ($1.96k).

The fastest growing import markets in Soldering and Welding Machinery for Laos between 2021 and 2022 were China ($161k), Thailand ($101k), and Australia ($20.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soldering and Welding Machinery from Laos to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Soldering and Welding Machinery. 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)$2.35k
IMPORTS (2022)$425k
NET TRADE (2022)-$423k

In 2022, Laos exported $2.35k in Soldering and Welding Machinery. The main destinations of Laos exports on Soldering and Welding Machinery were Thailand ($2.19k), Poland ($83), and Germany ($78).

In 2022, Laos imported $425k in Soldering and Welding Machinery, mainly from China ($234k), Thailand ($158k), Australia ($21.9k), Vietnam ($8.92k), and Denmark ($1.96k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$185 (9.25%)
Germany$78 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Laos WERE (2021 - 2022):
Italy-$36.6k (-100%)
Austria-$4.54k (-100%)
Kuwait-$354 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Laos's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

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