2022
Exports
$27.5kWorld Rnk 110 / 183
Flag Rnk 320 / 648
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$20.6kWorld Rnk 178 / 216
Flag Rnk 913 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $27.5k in Basketwork, making it the 110th largest exporter of Basketwork in the world. At the same year, Basketwork was the 320th most exported product in Laos. The main destination of Basketwork exports from Laos are: United States ($26.5k), France ($995), and South Korea ($56).

The fastest growing export markets for Basketwork of Laos between 2021 and 2022 were United States ($15.9k), France ($881), and South Korea ($1).

Imports In 2022, Laos imported $20.6k in Basketwork, becoming the 178th largest importer of Basketwork in the world. At the same year, Basketwork was the 913th most imported product in Laos. Laos imports Basketwork primarily from: Thailand ($7.27k), United Arab Emirates ($4.4k), Netherlands ($4.09k), China ($2.8k), and Indonesia ($2.07k).

The fastest growing import markets in Basketwork for Laos between 2021 and 2022 were United Arab Emirates ($4.4k), Netherlands ($4.09k), and Indonesia ($1.95k).

Latest Trends

Sep 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 Basketwork. 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)$27.5k
IMPORTS (2022)$20.6k
NET TRADE (2022)$6.9k

In 2022, Laos exported $27.5k in Basketwork. The main destinations of Laos exports on Basketwork were United States ($26.5k), France ($995), and South Korea ($56).

In 2022, Laos imported $20.6k in Basketwork, mainly from Thailand ($7.27k), United Arab Emirates ($4.4k), Netherlands ($4.09k), China ($2.8k), and Indonesia ($2.07k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United States$15.9k (151%)
France$881 (773%)
South Korea$1 (1.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Laos WERE (2021 - 2022):
United Arab Emirates-$7.87k (-100%)
China-$600 (-100%)
Australia-$500 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Basketwork were:
In 2022, Laos's main importing competitors in Basketwork were:

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.2k
TOP IMPORT POTENTIALChina+ $10.4k

Basketwork’s highest export potential is United States. With an export gap of $33.2k.   Basketwork’s highest import potential is China with an import gap of $10.4k.

See methodology.

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