2022
Exports
$400World Rnk 166 / 194
Flag Rnk 545 / 648
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$499kWorld Rnk 151 / 218
Flag Rnk 582 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $400 in Cutlery Sets, making it the 166th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 545th most exported product in Laos. The main destination of Cutlery Sets exports from Laos are: Netherlands ($344), Estonia ($53), and South Korea ($3).

The fastest growing export markets for Cutlery Sets of Laos between 2021 and 2022 were Netherlands ($344), Estonia ($21), and South Korea ($3).

Imports In 2022, Laos imported $499k in Cutlery Sets, becoming the 151st largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 582nd most imported product in Laos. Laos imports Cutlery Sets primarily from: Thailand ($282k), China ($197k), Singapore ($13.8k), Vietnam ($2.18k), and Italy ($1.86k).

The fastest growing import markets in Cutlery Sets for Laos between 2021 and 2022 were China ($192k), Singapore ($13.8k), and Hong Kong ($340).

Latest Trends

Jul 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 Cutlery Sets. 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)$400
IMPORTS (2022)$499k
NET TRADE (2022)-$499k

In 2022, Laos exported $400 in Cutlery Sets. The main destinations of Laos exports on Cutlery Sets were Netherlands ($344), Estonia ($53), and South Korea ($3).

In 2022, Laos imported $499k in Cutlery Sets, mainly from Thailand ($282k), China ($197k), Singapore ($13.8k), Vietnam ($2.18k), and Italy ($1.86k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Netherlands$344 (1%)
Estonia$21 (65.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Laos WERE (2021 - 2022):
United States-$265 (-100%)
Thailand-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $584
TOP IMPORT POTENTIALChina+ $251k

Cutlery Sets’s highest export potential is Netherlands. With an export gap of $584.   Cutlery Sets’s highest import potential is China with an import gap of $251k.

See methodology.

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