2022
Exports
$146kWorld Rnk 59 / 147
Flag Rnk 229 / 648
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$143World Rnk 205 / 211
Flag Rnk 1053 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $146k in Cinnamon, making it the 59th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 229th most exported product in Laos. The main destination of Cinnamon exports from Laos are: Japan ($145k), South Korea ($691), and France ($304).

The fastest growing export markets for Cinnamon of Laos between 2021 and 2022 were South Korea ($691).

Imports In 2022, Laos imported $143 in Cinnamon, becoming the 205th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 1053rd most imported product in Laos. Laos imports Cinnamon primarily from: Thailand ($136) and Finland ($7).

The fastest growing import markets in Cinnamon for Laos between 2021 and 2022 were Finland ($7).

Historical Data

Trade Balance

Color
EXPORTS (2022)$146k
IMPORTS (2022)$143
NET TRADE (2022)$146k

In 2022, Laos exported $146k in Cinnamon. The main destinations of Laos exports on Cinnamon were Japan ($145k), South Korea ($691), and France ($304).

In 2022, Laos imported $143 in Cinnamon, mainly from Thailand ($136) and Finland ($7).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Laos WERE (2021 - 2022):South Korea$691 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Laos WERE (2021 - 2022):
France-$129k (-99.8%)
Japan-$56.5k (-28%)
Slovenia-$234 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $2.1k
TOP IMPORT POTENTIALVietnam+ $511

Cinnamon’s highest export potential is South Korea. With an export gap of $2.1k.   Cinnamon’s highest import potential is Vietnam with an import gap of $511.

See methodology.

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