2022
Exports
$852MWorld Rnk 61 / 176
Flag Rnk 2 / 648
falsefalse Australia
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$332MWorld Rnk 39 / 178
Flag Rnk 2 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $852M in Gold, making it the 61st largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Laos. The main destination of Gold exports from Laos are: Australia ($338M), Thailand ($291M), Switzerland ($75.3M), Hong Kong ($61M), and India ($42.4M).

The fastest growing export markets for Gold of Laos between 2021 and 2022 were Singapore ($11.6M), Canada ($395k), and South Korea ($224k).

Imports In 2022, Laos imported $332M in Gold, becoming the 39th largest importer of Gold in the world. At the same year, Gold was the 2nd most imported product in Laos. Laos imports Gold primarily from: Thailand ($332M) and United States ($529k).

Latest Trends

Aug 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 Gold. 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)$852M
IMPORTS (2022)$332M
NET TRADE (2022)$520M

In 2022, Laos exported $852M in Gold. The main destinations of Laos exports on Gold were Australia ($338M), Thailand ($291M), Switzerland ($75.3M), Hong Kong ($61M), and India ($42.4M).

In 2022, Laos imported $332M in Gold, mainly from Thailand ($332M) and United States ($529k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Singapore$11.6M (1%)
Canada$395k (1%)
South Korea$224k (3.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Laos WERE (2021 - 2022):
China-$339M (-91.3%)
Australia-$325M (-49%)
Switzerland-$158M (-67.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $99.1M
TOP IMPORT POTENTIALUnited States+ $1.83M

Gold’s highest export potential is China. With an export gap of $99.1M.   Gold’s highest import potential is United States with an import gap of $1.83M.

See methodology.

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