2022
Exports
$1.8MWorld Rnk 46 / 145
Flag Rnk 130 / 648
2022
PRODUCT COMPLEXITY IN Buckwheat
-1.6Rnk 959 / 1025
2022
Imports
$16.4kWorld Rnk 172 / 210
Flag Rnk 925 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $1.8M in Buckwheat, making it the 46th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 130th most exported product in Laos. The main destination of Buckwheat exports from Laos are: Thailand ($1.43M), China ($365k), and France ($55).

The fastest growing export markets for Buckwheat of Laos between 2021 and 2022 were Thailand ($369k), China ($235k), and France ($55).

Imports In 2018, Laos imported $16.4k in Buckwheat, becoming the 172nd largest importer of Buckwheat in the world. At the same year, Buckwheat was the 925th most imported product in Laos. Laos imports Buckwheat primarily from: Thailand ($16.2k) and France ($213).

The fastest growing import markets in Buckwheat for Laos between 2021 and 2022 were Thailand ($7.99k).

COMPANIES In 2023, leading companies such as Riviana Foods (38), Walmart (11), and Loblaws Supermarkets (11) were at the forefront of shipping Buckwheat from Laos to the United States.

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 Buckwheat. 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)$1.8M
IMPORTS (2022)$16.4k
NET TRADE (2022)$1.78M

In 2022, Laos exported $1.8M in Buckwheat. The main destinations of Laos exports on Buckwheat were Thailand ($1.43M), China ($365k), and France ($55).

In 2022, Laos imported $16.4k in Buckwheat, mainly from Thailand ($16.2k) and France ($213).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$369k (34.7%)
China$235k (181%)
France$55 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Laos WERE (2021 - 2022):
Chinese Taipei-$55.1k (-100%)
Japan-$20.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $254k
TOP IMPORT POTENTIALThailand+ $2.84k

Buckwheat’s highest export potential is China. With an export gap of $254k.   Buckwheat’s highest import potential is Thailand with an import gap of $2.84k.

See methodology.

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