2022
Exports
$3.14kWorld Rnk 151 / 179
Flag Rnk 458 / 648
2022
PRODUCT COMPLEXITY IN Iron Cloth
-0.056Rnk 564 / 1025
2022
Imports
$8.8MWorld Rnk 98 / 221
Flag Rnk 152 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $3.14k in Iron Cloth, making it the 151st largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 458th most exported product in Laos. The main destination of Iron Cloth exports from Laos are: Ethiopia ($3.14k).

The fastest growing export markets for Iron Cloth of Laos between N/A and 2022 were Ethiopia ($3.14k).

Imports In 2022, Laos imported $8.8M in Iron Cloth, becoming the 98th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 152nd most imported product in Laos. Laos imports Iron Cloth primarily from: Thailand ($5.54M), China ($1.66M), Vietnam ($1.56M), Australia ($27.6k), and South Korea ($3.27k).

The fastest growing import markets in Iron Cloth for Laos between 2021 and 2022 were Thailand ($1.28M), Vietnam ($116k), and Netherlands ($1.87k).

Latest Trends

Jul 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 Iron Cloth. 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)$3.14k
IMPORTS (2022)$8.8M
NET TRADE (2022)-$8.79M

In 2022, Laos exported $3.14k in Iron Cloth. The main destinations of Laos exports on Iron Cloth were Ethiopia ($3.14k).

In 2022, Laos imported $8.8M in Iron Cloth, mainly from Thailand ($5.54M), China ($1.66M), Vietnam ($1.56M), Australia ($27.6k), and South Korea ($3.27k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Laos WERE (N/A - 2022):Ethiopia$3.14k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Iron Cloth were:
China $2.36B
Italy $728M
In 2022, Laos's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $896
TOP IMPORT POTENTIALChina+ $1.73M

Iron Cloth’s highest export potential is China. With an export gap of $896.   Iron Cloth’s highest import potential is China with an import gap of $1.73M.

See methodology.

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