2022
Exports
$38.3MWorld Rnk 44 / 208
Flag Rnk 34 / 648
2022
PRODUCT COMPLEXITY IN Video Recording Equipment
0.68Rnk 285 / 1025
2022
Imports
$8.53MWorld Rnk 111 / 221
Flag Rnk 157 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $38.3M in Video Recording Equipment, making it the 44th largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 34th most exported product in Laos. The main destination of Video Recording Equipment exports from Laos are: Czechia ($16M), Germany ($5.68M), United Kingdom ($5.51M), Canada ($3.58M), and Australia ($1.82M).

The fastest growing export markets for Video Recording Equipment of Laos between 2021 and 2022 were United Kingdom ($5.51M), Germany ($3.68M), and Spain ($791k).

Imports In 2022, Laos imported $8.53M in Video Recording Equipment, becoming the 111th largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 157th most imported product in Laos. Laos imports Video Recording Equipment primarily from: Thailand ($4.6M), China ($2.98M), South Korea ($638k), Vietnam ($131k), and Australia ($75.2k).

The fastest growing import markets in Video Recording Equipment for Laos between 2021 and 2022 were South Korea ($632k), Australia ($66.3k), and New Zealand ($44.4k).

Latest Trends

Oct 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 Video Recording Equipment. 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)$38.3M
IMPORTS (2022)$8.53M
NET TRADE (2022)$29.8M

In 2022, Laos exported $38.3M in Video Recording Equipment. The main destinations of Laos exports on Video Recording Equipment were Czechia ($16M), Germany ($5.68M), United Kingdom ($5.51M), Canada ($3.58M), and Australia ($1.82M).

In 2022, Laos imported $8.53M in Video Recording Equipment, mainly from Thailand ($4.6M), China ($2.98M), South Korea ($638k), Vietnam ($131k), and Australia ($75.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Video Recording Equipment EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United Kingdom$5.51M (314k%)
Germany$3.68M (183%)
Spain$791k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Video Recording Equipment BY Laos WERE (2021 - 2022):
Thailand-$37.8M (-97.5%)
United States-$21.2M (-99.7%)
Czechia-$13M (-44.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Video Recording Equipment were:
China $15.6B
Vietnam $5.46B
Germany $3.06B
In 2022, Laos's main importing competitors in Video Recording Equipment were:

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Trade Value of Video Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $3.04k
TOP IMPORT POTENTIALChina+ $529k

Video Recording Equipment’s highest export potential is Colombia. With an export gap of $3.04k.   Video Recording Equipment’s highest import potential is China with an import gap of $529k.

See methodology.

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