2022
Exports
$418MWorld Rnk 73 / 226
Flag Rnk 7 / 94
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$862MWorld Rnk 108 / 226
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $418M in Electrical machinery and electronics, making it the 73rd largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 7th most exported product in Laos. The main destination of Electrical machinery and electronics exports from Laos are: Thailand ($206M), United States ($40.7M), Japan ($27.5M), Czechia ($23.8M), and Mexico ($22.1M).

The fastest growing export markets for Electrical machinery and electronics of Laos between 2021 and 2022 were United Kingdom ($12.1M), Thailand ($9.7M), and Germany ($5.9M).

Imports In 2022, Laos imported $862M in Electrical machinery and electronics, becoming the 108th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 3rd most imported product in Laos. Laos imports Electrical machinery and electronics primarily from: China ($281M), Thailand ($233M), Malaysia ($198M), Singapore ($57.5M), and Vietnam ($38.7M).

The fastest growing import markets in Electrical machinery and electronics for Laos between 2021 and 2022 were Malaysia ($187M), Singapore ($43M), and Indonesia ($19.9M).

COMPANIES In 2023, leading companies such as Signify Lighting (2), DAVID OPPENHEIMER CO. (2), and Norwegian Cruise Line (1) were at the forefront of shipping Electrical machinery and electronics from Laos to the United States.

Latest Trends

Oct 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 Electrical machinery and electronics. 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)$418M
IMPORTS (2022)$862M
NET TRADE (2022)-$444M

In 2022, Laos exported $418M in Electrical machinery and electronics. The main destinations of Laos exports on Electrical machinery and electronics were Thailand ($206M), United States ($40.7M), Japan ($27.5M), Czechia ($23.8M), and Mexico ($22.1M).

In 2022, Laos imported $862M in Electrical machinery and electronics, mainly from China ($281M), Thailand ($233M), Malaysia ($198M), Singapore ($57.5M), and Vietnam ($38.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United Kingdom$12.1M (881%)
Thailand$9.7M (4.94%)
Germany$5.9M (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Laos WERE (2021 - 2022):
Mexico-$20.4M (-48%)
Australia-$12.7M (-70.5%)
Czechia-$9.72M (-29%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Electrical machinery and electronics were:
In 2022, Laos's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $57.4M
TOP IMPORT POTENTIALChina+ $232M

Electrical machinery and electronics’s highest export potential is United States. With an export gap of $57.4M.   Electrical machinery and electronics’s highest import potential is China with an import gap of $232M.

See methodology.

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