2023
Exports
$2.15MWorld Rnk 56 / 193
Flag Rnk 116 / 630
2023
PRODUCT COMPLEXITY IN Electrical Resistors
0.83Rnk 235 / 1025
2023
Imports
$1.4MWorld Rnk 86 / 215
Flag Rnk 397 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $2.15M in Electrical Resistors, making it the 56th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 116th most exported product in Laos. The main destination of Electrical Resistors exports from Laos are: China ($1.59M), Hong Kong ($270k), Thailand ($264k), United States ($10.4k), and Brazil ($8.75k).

The fastest growing export markets for Electrical Resistors of Laos between 2022 and 2023 were United States ($10.4k), Brazil ($3.15k), and Malaysia ($118).

Imports In 2023, Laos imported $1.4M in Electrical Resistors, becoming the 86th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 397th most imported product in Laos. Laos imports Electrical Resistors primarily from: Thailand ($1.27M), Malaysia ($36.2k), China ($33.7k), Austria ($19.9k), and Germany ($19.1k).

The fastest growing import markets in Electrical Resistors for Laos between 2022 and 2023 were Malaysia ($26.5k), Austria ($19.8k), and China ($18.3k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Resistors. 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)$2.15M
IMPORTS (2023)$1.4M
NET TRADE (2023)$747k

In 2023, Laos exported $2.15M in Electrical Resistors. The main destinations of Laos exports on Electrical Resistors were China ($1.59M), Hong Kong ($270k), Thailand ($264k), United States ($10.4k), and Brazil ($8.75k).

In 2023, Laos imported $1.4M in Electrical Resistors, mainly from Thailand ($1.27M), Malaysia ($36.2k), China ($33.7k), Austria ($19.9k), and Germany ($19.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Laos WERE (2022 - 2023):
United States$10.4k (1%)
Brazil$3.15k (56.2%)
Malaysia$118 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Laos WERE (2022 - 2023):
Hong Kong-$598k (-68.9%)
Japan-$536k (-100%)
Thailand-$315k (-54.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Electrical Resistors were:
China $2.63B
Germany $1.31B
Japan $1.31B
In 2023, Laos's main importing competitors in Electrical Resistors were:
China $1.39B
Germany $1.07B

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Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.89M
TOP IMPORT POTENTIALChina+ $85.9k

Electrical Resistors’s highest export potential is China. With an export gap of $1.89M.   Electrical Resistors’s highest import potential is China with an import gap of $85.9k.

See methodology.

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