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2017
Exports $2.63kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2017
Imports $611kWorld Rnk 88 / 186
Flag Rnk 545 / 1071
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $611k in Inedible Fats and Oils, becoming the 88th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 545th most imported product in Laos. Laos imports Inedible Fats and Oils primarily from: Thailand ($611k).

The fastest growing import markets in Inedible Fats and Oils for Laos between 2021 and 2022 were Thailand ($347k).

Historical Data

Trade Balance

Color
EXPORTS (2017)$2.63k
IMPORTS (2022)$611k
NET TRADE (2022)-$611k

In 2022, Laos imported $611k in Inedible Fats and Oils, mainly from Thailand ($611k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, Laos's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $463
TOP IMPORT POTENTIALThailand+ $41.8k

Inedible Fats and Oils’s highest export potential is China. With an export gap of $463.   Inedible Fats and Oils’s highest import potential is Thailand with an import gap of $41.8k.

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