2021
Exports
$4.34kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$6.15kWorld Rnk 137 / 173
Flag Rnk 975 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $6.15k in Vegetable waxes and beeswax, becoming the 137th largest importer of Vegetable waxes and beeswax in the world. At the same year, Vegetable waxes and beeswax was the 975th most imported product in Laos. Laos imports Vegetable waxes and beeswax primarily from: Thailand ($6.15k).

The fastest growing import markets in Vegetable waxes and beeswax for Laos between 2021 and 2022 were Thailand ($712).

Latest Trends

Jul 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 Vegetable waxes and beeswax. 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)$4.34k
IMPORTS (2022)$6.15k
NET TRADE (2022)-$6.15k

In 2022, Laos imported $6.15k in Vegetable waxes and beeswax, mainly from Thailand ($6.15k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable waxes and beeswax BY Laos WERE (N/A - 2021):France-$4.34k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Laos's main exporting competitors in Vegetable waxes and beeswax were:
Brazil $98.5M
China $60.4M
Germany $33.7M
In 2022, Laos's main importing competitors in Vegetable waxes and beeswax were:

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Trade Value of Vegetable waxes and beeswax by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $432
TOP IMPORT POTENTIALThailand+ $957

Vegetable waxes and beeswax’s highest export potential is China. With an export gap of $432.   Vegetable waxes and beeswax’s highest import potential is Thailand with an import gap of $957.

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