2023
Exports
$857MWorld Rnk 24 / 175
Flag Rnk 3 / 93
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$144MWorld Rnk 85 / 221
Flag Rnk 11 / 96
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $857M in Fertilizers, making it the 24th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 3rd most exported product in Laos. The main destination of Fertilizers exports from Laos are: China ($630M), Thailand ($84.5M), Indonesia ($80.6M), Philippines ($18.1M), and Malaysia ($12.6M).

The fastest growing export markets for Fertilizers of Laos between 2022 and 2023 were China ($349M), Thailand ($26.5M), and Philippines ($10.7M).

Imports In 2023, Laos imported $144M in Fertilizers, becoming the 85th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 11th most imported product in Laos. Laos imports Fertilizers primarily from: Thailand ($76.4M), China ($68M), France ($27k), Malaysia ($11.2k), and Cambodia ($2.26k).

The fastest growing import markets in Fertilizers for Laos between 2022 and 2023 were China ($35.8M), Thailand ($4.35M), and Malaysia ($2.69k).

COMPANIES In 2024, leading companies such as Goya Foods (1) were at the forefront of shipping Fertilizers from Laos to the United States.

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 Fertilizers. 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)$857M
IMPORTS (2023)$144M
NET TRADE (2023)$713M

In 2023, Laos exported $857M in Fertilizers. The main destinations of Laos exports on Fertilizers were China ($630M), Thailand ($84.5M), Indonesia ($80.6M), Philippines ($18.1M), and Malaysia ($12.6M).

In 2023, Laos imported $144M in Fertilizers, mainly from Thailand ($76.4M), China ($68M), France ($27k), Malaysia ($11.2k), and Cambodia ($2.26k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Laos WERE (2022 - 2023):
China$349M (124%)
Thailand$26.5M (45.6%)
Philippines$10.7M (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Laos WERE (2022 - 2023):
Vietnam-$92.1M (-100%)
Indonesia-$82.1M (-50.5%)
South Korea-$28.2M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Laos's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $76.2M
TOP IMPORT POTENTIALChina+ $14.6M

Fertilizers’s highest export potential is China. With an export gap of $76.2M.   Fertilizers’s highest import potential is China with an import gap of $14.6M.

See methodology.

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