2022
Exports
$2.29MWorld Rnk 86 / 209
Flag Rnk 118 / 648
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$17.3MWorld Rnk 132 / 225
Flag Rnk 94 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $2.29M in Electric Batteries, making it the 86th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 118th most exported product in Laos. The main destination of Electric Batteries exports from Laos are: Thailand ($1.93M), Chinese Taipei ($349k), Czechia ($7.86k), and Singapore ($450).

The fastest growing export markets for Electric Batteries of Laos between 2021 and 2022 were Thailand ($813k), Chinese Taipei ($84.6k), and Czechia ($7.86k).

Imports In 2022, Laos imported $17.3M in Electric Batteries, becoming the 132nd largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 94th most imported product in Laos. Laos imports Electric Batteries primarily from: Thailand ($9.44M), China ($5.11M), Vietnam ($1.54M), South Korea ($1.02M), and Switzerland ($57.1k).

The fastest growing import markets in Electric Batteries for Laos between 2021 and 2022 were China ($2.52M), Vietnam ($1.44M), and Switzerland ($53.2k).

COMPANIES In 2023, leading companies such as DAVID OPPENHEIMER CO. (2) were at the forefront of shipping Electric Batteries from Laos to the United States.

Latest Trends

Nov 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 Electric Batteries. 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)$2.29M
IMPORTS (2022)$17.3M
NET TRADE (2022)-$15M

In 2022, Laos exported $2.29M in Electric Batteries. The main destinations of Laos exports on Electric Batteries were Thailand ($1.93M), Chinese Taipei ($349k), Czechia ($7.86k), and Singapore ($450).

In 2022, Laos imported $17.3M in Electric Batteries, mainly from Thailand ($9.44M), China ($5.11M), Vietnam ($1.54M), South Korea ($1.02M), and Switzerland ($57.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$813k (72.6%)
Chinese Taipei$84.6k (32%)
Czechia$7.86k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Laos WERE (2021 - 2022):
Vietnam-$69.5k (-100%)
Panama-$67.7k (-100%)
Costa Rica-$180 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Electric Batteries were:
In 2022, Laos's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $711k
TOP IMPORT POTENTIALChina+ $8.07M

Electric Batteries’s highest export potential is Thailand. With an export gap of $711k.   Electric Batteries’s highest import potential is China with an import gap of $8.07M.

See methodology.

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