2023
Exports
$45.3MWorld Rnk 45 / 208
Flag Rnk 29 / 630
2023
PRODUCT COMPLEXITY IN Video Recording Equipment
0.86Rnk 223 / 1025
2023
Imports
$6.61MWorld Rnk 114 / 219
Flag Rnk 184 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $45.3M in Video Recording Equipment, making it the 45th largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 29th most exported product in Laos. The main destination of Video Recording Equipment exports from Laos are: Czechia ($14.7M), Germany ($6.93M), Mexico ($5.73M), United Kingdom ($5.14M), and Thailand ($3.44M).

The fastest growing export markets for Video Recording Equipment of Laos between 2022 and 2023 were Mexico ($5.73M), Thailand ($2.46M), and India ($1.68M).

Imports In 2023, Laos imported $6.61M in Video Recording Equipment, becoming the 114th largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 184th most imported product in Laos. Laos imports Video Recording Equipment primarily from: China ($3.61M), Thailand ($2.84M), United States ($38.8k), Hong Kong ($37k), and Germany ($24.6k).

The fastest growing import markets in Video Recording Equipment for Laos between 2022 and 2023 were China ($630k), Hong Kong ($37k), and United States ($30.4k).

Latest Trends

Jan 2025

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 (2023)$45.3M
IMPORTS (2023)$6.61M
NET TRADE (2023)$38.7M

In 2023, Laos exported $45.3M in Video Recording Equipment. The main destinations of Laos exports on Video Recording Equipment were Czechia ($14.7M), Germany ($6.93M), Mexico ($5.73M), United Kingdom ($5.14M), and Thailand ($3.44M).

In 2023, Laos imported $6.61M in Video Recording Equipment, mainly from China ($3.61M), Thailand ($2.84M), United States ($38.8k), Hong Kong ($37k), and Germany ($24.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Video Recording Equipment EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Mexico$5.73M (1%)
Thailand$2.46M (250%)
India$1.68M (7.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Video Recording Equipment BY Laos WERE (2022 - 2023):
Canada-$1.26M (-35.2%)
Czechia-$1.26M (-7.85%)
South Korea-$487k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Video Recording Equipment were:
China $16.5B
Vietnam $3.13B
In 2023, 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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