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Pricing

2021
Exports $826kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire1.38Rnk 74 / 1025
2021
Imports $179kWorld Rnk 105 / 202
Flag Rnk 713 / 1071
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $179k in Stainless Steel Wire, becoming the 105th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 713th most imported product in Laos. Laos imports Stainless Steel Wire primarily from: Japan ($83.5k), Thailand ($66.2k), China ($16.9k), and United Kingdom ($12.6k).

The fastest growing import markets in Stainless Steel Wire for Laos between 2021 and 2022 were Thailand ($53.4k), Japan ($21.5k), and United Kingdom ($12.6k).

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 Stainless Steel Wire. 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 (2021)$826k
IMPORTS (2022)$179k
NET TRADE (2022)-$179k

In 2022, Laos imported $179k in Stainless Steel Wire, mainly from Japan ($83.5k), Thailand ($66.2k), China ($16.9k), and United Kingdom ($12.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Laos WERE (N/A - 2021):
Vietnam-$823k (-100%)
Japan-$3.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Stainless Steel Wire were:
India $526M
China $429M
South Korea $291M
In 2022, Laos's main importing competitors in Stainless Steel Wire were:
Germany $435M
United States $345M
Italy $226M

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $517
TOP IMPORT POTENTIALChina+ $38.8k

Stainless Steel Wire’s highest export potential is China. With an export gap of $517.   Stainless Steel Wire’s highest import potential is China with an import gap of $38.8k.

See methodology.

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