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2022
Exports $565kWorld Rnk 87 / 197
Flag Rnk 184 / 648
2022
Destination $269k Italy
2021 - 2022
FASTEST GROWING MARKET $269kItaly
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $87.5kWorld Rnk 170 / 216
Flag Rnk 787 / 1071
2022
Origin $63.8k China
2021 - 2022
FASTEST GROWING ORIGIN $63.8kChina
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $565k in Knit Babies' Garments, making it the 87th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 184th most exported product in Laos. The main destination of Knit Babies' Garments exports from Laos are: Italy ($477k), Germany ($38.5k), United States ($14.7k), Spain ($10k), and Czechia ($6.42k).

The fastest growing export markets for Knit Babies' Garments of Laos between 2021 and 2022 were Italy ($269k), Germany ($30.2k), and Czechia ($6.32k).

Imports In 2022, Laos imported $87.5k in Knit Babies' Garments, becoming the 170th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 787th most imported product in Laos. Laos imports Knit Babies' Garments primarily from: China ($86.9k), Thailand ($424), and France ($190).

The fastest growing import markets in Knit Babies' Garments for Laos between 2021 and 2022 were China ($63.8k).

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 Knit Babies' Garments. 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)$565k
IMPORTS (2022)$87.5k
NET TRADE (2022)$477k

In 2022, Laos exported $565k in Knit Babies' Garments. The main destinations of Laos exports on Knit Babies' Garments were Italy ($477k), Germany ($38.5k), United States ($14.7k), Spain ($10k), and Czechia ($6.42k).

In 2022, Laos imported $87.5k in Knit Babies' Garments, mainly from China ($86.9k), Thailand ($424), and France ($190).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Italy$269k (129%)
Germany$30.2k (367%)
Czechia$6.32k (6.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Laos WERE (2021 - 2022):
France-$51.4k (-99.4%)
United States-$50.5k (-77.5%)
Hong Kong-$7.13k (-100%)
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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 Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Laos's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $110k
TOP IMPORT POTENTIALChina+ $118k

Knit Babies' Garments’s highest export potential is Italy. With an export gap of $110k.   Knit Babies' Garments’s highest import potential is China with an import gap of $118k.

See methodology.

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