2021
Exports
$5.62kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2021
Imports
$3.24MWorld Rnk 95 / 209
Flag Rnk 279 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $3.24M in Electric Furnaces, becoming the 95th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 279th most imported product in Laos. Laos imports Electric Furnaces primarily from: China ($2.5M), Vietnam ($412k), Thailand ($309k), South Korea ($15.6k), and Australia ($9.41k).

The fastest growing import markets in Electric Furnaces for Laos between 2021 and 2022 were China ($1.83M), Vietnam ($222k), and Thailand ($84.1k).

Latest Trends

Mar 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 Furnaces. 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 (2021)$5.62k
IMPORTS (2022)$3.24M
NET TRADE (2022)-$3.24M

In 2022, Laos imported $3.24M in Electric Furnaces, mainly from China ($2.5M), Vietnam ($412k), Thailand ($309k), South Korea ($15.6k), and Australia ($9.41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Laos WERE (N/A - 2021):
Thailand-$4.92k (-100%)
China-$699 (-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 Furnaces were:
China $1.22B
Italy $722M
In 2022, Laos's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

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