2022
Exports
falseWorld Rnk 46 / 194
Flag Rnk 128 / 648
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $1.93M in Wood Ornaments, making it the 46th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 128th most exported product in Laos. The main destination of Wood Ornaments exports from Laos are: Japan ($1.57M), Thailand ($259k), China ($45.4k), Chinese Taipei ($15.6k), and Austria ($14.7k).

The fastest growing export markets for Wood Ornaments of Laos between 2021 and 2022 were Japan ($310k), Thailand ($136k), and Chinese Taipei ($15.4k).

The fastest growing import markets in Wood Ornaments for Laos between 2021 and 2022 were Thailand ($17.5k), Indonesia ($1.36k), and Switzerland ($844).

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 Ornaments. 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)$1.93M

In 2022, Laos exported $1.93M in Wood Ornaments. The main destinations of Laos exports on Wood Ornaments were Japan ($1.57M), Thailand ($259k), China ($45.4k), Chinese Taipei ($15.6k), and Austria ($14.7k).

In N/A, Laos imported N/A in Wood Ornaments, mainly from Thailand ($78k), Vietnam ($3.04k), Indonesia ($1.36k), China ($844), and Switzerland ($844).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Japan$310k (24.6%)
Thailand$136k (111%)
Chinese Taipei$15.4k (7.16k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Laos WERE (2021 - 2022):
China-$51.2k (-53%)
France-$3.89k (-100%)
Vietnam-$2.48k (-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 Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Laos's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $98.4k
TOP IMPORT POTENTIALThailand+ $21.5k

Wood Ornaments’s highest export potential is China. With an export gap of $98.4k.   Wood Ornaments’s highest import potential is Thailand with an import gap of $21.5k.

See methodology.

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