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2022
Exports $21.9MWorld Rnk 43 / 190
Flag Rnk 48 / 648
2022
Destination $2.31M Germany
2021 - 2022
FASTEST GROWING MARKET $2.31MGermany
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $69.8kWorld Rnk 180 / 217
Flag Rnk 814 / 1071
2022
Origin $10.2k China
2021 - 2022
FASTEST GROWING ORIGIN $10.2kChina
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $21.9M in Knit Men's Undergarments, making it the 43rd largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 48th most exported product in Laos. The main destination of Knit Men's Undergarments exports from Laos are: Germany ($9.55M), Italy ($2.49M), Czechia ($2.2M), Thailand ($1.82M), and China ($1.15M).

The fastest growing export markets for Knit Men's Undergarments of Laos between 2021 and 2022 were Germany ($2.31M), Thailand ($1.79M), and China ($981k).

Imports In 2022, Laos imported $69.8k in Knit Men's Undergarments, becoming the 180th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 814th most imported product in Laos. Laos imports Knit Men's Undergarments primarily from: China ($62.3k), Thailand ($7.34k), France ($120), Finland ($46), and United Arab Emirates ($4).

The fastest growing import markets in Knit Men's Undergarments for Laos between 2021 and 2022 were China ($10.2k), France ($120), and Finland ($46).

Latest Trends

Nov 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 Men's Undergarments. 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)$21.9M
IMPORTS (2022)$69.8k
NET TRADE (2022)$21.9M

In 2022, Laos exported $21.9M in Knit Men's Undergarments. The main destinations of Laos exports on Knit Men's Undergarments were Germany ($9.55M), Italy ($2.49M), Czechia ($2.2M), Thailand ($1.82M), and China ($1.15M).

In 2022, Laos imported $69.8k in Knit Men's Undergarments, mainly from China ($62.3k), Thailand ($7.34k), France ($120), Finland ($46), and United Arab Emirates ($4).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Germany$2.31M (31.9%)
Thailand$1.79M (6.9k%)
China$981k (573%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Laos WERE (2021 - 2022):
Italy-$1.94M (-43.9%)
Austria-$1.87M (-100%)
Russia-$465k (-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 Men's Undergarments were:
China $3.23B
Bangladesh $1.2B
Vietnam $715M
In 2022, Laos's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.42M
TOP IMPORT POTENTIALChina+ $101k

Knit Men's Undergarments’s highest export potential is Germany. With an export gap of $1.42M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $101k.

See methodology.

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