2023
Exports
$27MWorld Rnk 42 / 135
Flag Rnk 42 / 630
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$17.1MWorld Rnk 48 / 158
Flag Rnk 93 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $27M in Diamonds, making it the 42nd largest exporter of Diamonds in the world. At the same year, Diamonds was the 42nd most exported product in Laos. The main destination of Diamonds exports from Laos are: Belgium ($21M), United States ($6.02M), and Hong Kong ($6.01k).

The fastest growing export markets for Diamonds of Laos between 2022 and 2023 were Hong Kong ($6.01k).

Imports In 2023, Laos imported $17.1M in Diamonds, becoming the 48th largest importer of Diamonds in the world. At the same year, Diamonds was the 93rd most imported product in Laos. Laos imports Diamonds primarily from: Belgium ($15.8M), United States ($883k), Thailand ($367k), and Hong Kong ($20.2k).

The fastest growing import markets in Diamonds for Laos between 2022 and 2023 were Belgium ($5.3M), Thailand ($38k), and Hong Kong ($20.2k).

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 Diamonds. 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)$27M
IMPORTS (2023)$17.1M
NET TRADE (2023)$9.94M

In 2023, Laos exported $27M in Diamonds. The main destinations of Laos exports on Diamonds were Belgium ($21M), United States ($6.02M), and Hong Kong ($6.01k).

In 2023, Laos imported $17.1M in Diamonds, mainly from Belgium ($15.8M), United States ($883k), Thailand ($367k), and Hong Kong ($20.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Laos WERE (2022 - 2023):Hong Kong$6.01k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Laos WERE (2022 - 2023):
Vietnam-$8.03M (-100%)
United States-$5.05M (-45.6%)
Cambodia-$2.93M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.1M
TOP IMPORT POTENTIALUnited States+ $1.11M

Diamonds’s highest export potential is United States. With an export gap of $10.1M.   Diamonds’s highest import potential is United States with an import gap of $1.11M.

See methodology.

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