HS Icon Tensile Testing Machines in  Flag Laos

2021
Exports | Imports
: $44.5k | $533k, World Rnk 100 / 166
Flag Rnk 402 / 742 | World Rnk 115 / 205
Flag Rnk 630 / 1118

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $33.9k | $107k, Philippines |  Australia

2021
ECONOMIC COMPLEXITY of Laos
: -0.7, Rnk 95 / 131

2021
PRODUCT COMPLEXITY IN Tensile Testing Machines
: 1.54, Rnk 43 / 1029

Exports In 2021, Laos exported $44.5k in Tensile Testing Machines, making it the 100th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 402nd most exported product in Laos. The main destination of Tensile Testing Machines exports from Laos are: Philippines ($33.9k), Vietnam ($7.56k), and Czechia ($3.06k).

The fastest growing export markets for Tensile Testing Machines of Laos between 2020 and 2021 were Philippines ($33.9k), Vietnam ($7.56k), and Czechia ($3.06k).

Imports In 2021, Laos imported $533k in Tensile Testing Machines, becoming the 115th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 630th most imported product in Laos. Laos imports Tensile Testing Machines primarily from: Thailand ($200k), Australia ($118k), China ($103k), United States ($45.4k), and Italy ($13.8k).

The fastest growing import markets in Tensile Testing Machines for Laos between 2020 and 2021 were Australia ($107k), United States ($32.2k), and Italy ($7.62k).

Tariffs In 2018, the average tariff for Laos in Tensile Testing Machines was 4.77%. The countries with the highest import tariffs for Tensile Testing Machines were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Apr 2023

Subnational Monthly Trade

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The following visualization shows the latest trends on Tensile Testing Machines. 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

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EXPORTS (2021): $44.5k

IMPORTS (2021): $533k

NET TRADE (2021): -$489k

In 2021, Laos exported $44.5k in Tensile Testing Machines. The main destinations of Laos exports on Tensile Testing Machines were Philippines ($33.9k), Vietnam ($7.56k), and Czechia ($3.06k).

In 2021, Laos imported $533k in Tensile Testing Machines, mainly from Thailand ($200k), Australia ($118k), China ($103k), United States ($45.4k), and Italy ($13.8k).

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THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Laos WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Laos WERE (2020 - 2021):: Thailand, -$6.86k (-100%)

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Market Concentration

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In 2021, Laos's main exporting competitors in Tensile Testing Machines were:

In 2021, Laos's main importing competitors in Tensile Testing Machines were:

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