2022
Exports
$1.42MWorld Rnk 90 / 177
Flag Rnk 145 / 648
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$848kWorld Rnk 177 / 222
Flag Rnk 493 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $1.42M in Wood Carpentry, making it the 90th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 145th most exported product in Laos. The main destination of Wood Carpentry exports from Laos are: Thailand ($1.41M) and China ($9.4k).

The fastest growing export markets for Wood Carpentry of Laos between 2021 and 2022 were Thailand ($561k).

Imports In 2022, Laos imported $848k in Wood Carpentry, becoming the 177th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 493rd most imported product in Laos. Laos imports Wood Carpentry primarily from: China ($735k), Vietnam ($47.8k), Thailand ($33.1k), and Austria ($32.5k).

The fastest growing import markets in Wood Carpentry for Laos between 2021 and 2022 were Vietnam ($42.4k) and Austria ($32.5k).

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 Wood Carpentry. 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)$1.42M
IMPORTS (2022)$848k
NET TRADE (2022)$573k

In 2022, Laos exported $1.42M in Wood Carpentry. The main destinations of Laos exports on Wood Carpentry were Thailand ($1.41M) and China ($9.4k).

In 2022, Laos imported $848k in Wood Carpentry, mainly from China ($735k), Vietnam ($47.8k), Thailand ($33.1k), and Austria ($32.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Laos WERE (2021 - 2022):Thailand$561k (65.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Laos WERE (2021 - 2022):
Vietnam-$5.19M (-100%)
China-$1.07M (-99.1%)
Maldives-$186k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Laos's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $48.4k
TOP IMPORT POTENTIALChina+ $561k

Wood Carpentry’s highest export potential is China. With an export gap of $48.4k.   Wood Carpentry’s highest import potential is China with an import gap of $561k.

See methodology.

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