2023
Exports
$384kWorld Rnk 90 / 166
Flag Rnk 58 / 93
2023
PRODUCT COMPLEXITY IN Cermet articles
1.83Rnk 12 / 1025
2023
Imports
$627kWorld Rnk 111 / 209
Flag Rnk 85 / 96
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $384k in Cermet articles, making it the 90th largest exporter of Cermet articles in the world. At the same year, Cermet articles was the 58th most exported product in Laos. The main destination of Cermet articles exports from Laos are: China ($204k), United States ($168k), Switzerland ($6.63k), Slovenia ($5.54k), and Thailand ($167).

The fastest growing export markets for Cermet articles of Laos between 2022 and 2023 were United States ($19.3k), Switzerland ($2.28k), and Slovenia ($1.15k).

Imports In 2023, Laos imported $627k in Cermet articles, becoming the 111th largest importer of Cermet articles in the world. At the same year, Cermet articles was the 85th most imported product in Laos. Laos imports Cermet articles primarily from: Thailand ($304k), China ($269k), Malaysia ($41k), Germany ($9.99k), and Ireland ($2.48k).

The fastest growing import markets in Cermet articles for Laos between 2022 and 2023 were China ($269k), Thailand ($229k), and Malaysia ($29.1k).

Latest Trends

Dec 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 Cermet articles. 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)$384k
IMPORTS (2023)$627k
NET TRADE (2023)-$243k

In 2023, Laos exported $384k in Cermet articles. The main destinations of Laos exports on Cermet articles were China ($204k), United States ($168k), Switzerland ($6.63k), Slovenia ($5.54k), and Thailand ($167).

In 2023, Laos imported $627k in Cermet articles, mainly from Thailand ($304k), China ($269k), Malaysia ($41k), Germany ($9.99k), and Ireland ($2.48k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cermet articles EXPORT MARKETS FOR Laos WERE (2022 - 2023):
United States$19.3k (13%)
Switzerland$2.28k (52.2%)
Slovenia$1.15k (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermet articles BY Laos WERE (2022 - 2023):
China-$344k (-62.8%)
Vietnam-$34.5k (-100%)
Serbia-$722 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Cermet articles were:
In 2023, Laos's main importing competitors in Cermet articles were:

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Trade Value of Cermet articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.56k
TOP IMPORT POTENTIALChina+ $9.31k

Cermet articles’s highest export potential is China. With an export gap of $6.56k.   Cermet articles’s highest import potential is China with an import gap of $9.31k.

See methodology.

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