2023
Exports
$49.6MWorld Rnk 41 / 158
Flag Rnk 26 / 630
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$4.41MWorld Rnk 139 / 216
Flag Rnk 239 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $49.6M in Corn, making it the 41st largest exporter of Corn in the world. At the same year, Corn was the 26th most exported product in Laos. The main destination of Corn exports from Laos are: Thailand ($25.9M) and China ($23.7M).

The fastest growing export markets for Corn of Laos between 2022 and 2023 were Thailand ($22.4M) and China ($5.83M).

Imports In 2023, Laos imported $4.41M in Corn, becoming the 139th largest importer of Corn in the world. At the same year, Corn was the 239th most imported product in Laos. Laos imports Corn primarily from: Thailand ($4.41M).

The fastest growing import markets in Corn for Laos between 2022 and 2023 were Thailand ($1.09M).

COMPANIES In 2024, leading companies such as Goya Foods (10) were at the forefront of shipping Corn from Laos to the United States.

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 Corn. 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)$49.6M
IMPORTS (2023)$4.41M
NET TRADE (2023)$45.2M

In 2023, Laos exported $49.6M in Corn. The main destinations of Laos exports on Corn were Thailand ($25.9M) and China ($23.7M).

In 2023, Laos imported $4.41M in Corn, mainly from Thailand ($4.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Thailand$22.4M (637%)
China$5.83M (32.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Laos WERE (2022 - 2023):Vietnam-$28.7M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Corn were:
In 2023, Laos's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $18.9M
TOP IMPORT POTENTIALBrazil+ $2.91k

Corn’s highest export potential is China. With an export gap of $18.9M.   Corn’s highest import potential is Brazil with an import gap of $2.91k.

See methodology.

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