2022
Exports
$2.5kWorld Rnk 181 / 207
Flag Rnk 474 / 648
2022
PRODUCT COMPLEXITY IN Iron Housewares
-0.78Rnk 776 / 1025
2022
Imports
$2.81MWorld Rnk 153 / 223
Flag Rnk 299 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $2.5k in Iron Housewares, making it the 181st largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 474th most exported product in Laos. The main destination of Iron Housewares exports from Laos are: Thailand ($1.89k), Norway ($332), Estonia ($259), and South Korea ($14).

The fastest growing export markets for Iron Housewares of Laos between 2021 and 2022 were Thailand ($1.72k), Norway ($332), and South Korea ($14).

Imports In 2022, Laos imported $2.81M in Iron Housewares, becoming the 153rd largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 299th most imported product in Laos. Laos imports Iron Housewares primarily from: China ($2.17M), Thailand ($512k), Germany ($60.3k), South Korea ($24.3k), and Vietnam ($23.8k).

The fastest growing import markets in Iron Housewares for Laos between 2021 and 2022 were China ($1.96M), Thailand ($26.1k), and India ($7.27k).

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 Housewares. 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)$2.5k
IMPORTS (2022)$2.81M
NET TRADE (2022)-$2.81M

In 2022, Laos exported $2.5k in Iron Housewares. The main destinations of Laos exports on Iron Housewares were Thailand ($1.89k), Norway ($332), Estonia ($259), and South Korea ($14).

In 2022, Laos imported $2.81M in Iron Housewares, mainly from China ($2.17M), Thailand ($512k), Germany ($60.3k), South Korea ($24.3k), and Vietnam ($23.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$1.72k (974%)
Norway$332 (1%)
South Korea$14 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Laos WERE (2021 - 2022):
Eswatini-$27.2k (-100%)
United States-$4.56k (-100%)
India-$3.15k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Iron Housewares were:
China $12.2B
India $744M
In 2022, Laos's main importing competitors in Iron Housewares were:

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $4.03k
TOP IMPORT POTENTIALChina+ $1.93M

Iron Housewares’s highest export potential is Thailand. With an export gap of $4.03k.   Iron Housewares’s highest import potential is China with an import gap of $1.93M.

See methodology.

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