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2022
Exports $10.6kWorld Rnk 116 / 172
Flag Rnk 392 / 648
2022
Destination $2.88k Thailand
2021 - 2022
FASTEST GROWING MARKET $2.88kUnited States
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $2.83MWorld Rnk 98 / 218
Flag Rnk 297 / 1071
2022
Origin $348k China
2021 - 2022
FASTEST GROWING ORIGIN $348kHong Kong
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $10.6k in Narrow Woven Fabric, making it the 116th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 392nd most exported product in Laos. The main destination of Narrow Woven Fabric exports from Laos are: Thailand ($7.22k), United States ($2.88k), Belgium ($535), and China ($3).

The fastest growing export markets for Narrow Woven Fabric of Laos between 2021 and 2022 were United States ($2.88k) and Belgium ($535).

Imports In 2022, Laos imported $2.83M in Narrow Woven Fabric, becoming the 98th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 297th most imported product in Laos. Laos imports Narrow Woven Fabric primarily from: China ($881k), Hong Kong ($749k), Japan ($477k), Vietnam ($424k), and Thailand ($214k).

The fastest growing import markets in Narrow Woven Fabric for Laos between 2021 and 2022 were Hong Kong ($348k), Vietnam ($346k), and Morocco ($2.6k).

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 Narrow Woven Fabric. 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)$10.6k
IMPORTS (2022)$2.83M
NET TRADE (2022)-$2.82M

In 2022, Laos exported $10.6k in Narrow Woven Fabric. The main destinations of Laos exports on Narrow Woven Fabric were Thailand ($7.22k), United States ($2.88k), Belgium ($535), and China ($3).

In 2022, Laos imported $2.83M in Narrow Woven Fabric, mainly from China ($881k), Hong Kong ($749k), Japan ($477k), Vietnam ($424k), and Thailand ($214k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United States$2.88k (1%)
Belgium$535 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Laos WERE (2021 - 2022):
Japan-$34.4k (-100%)
Thailand-$10.1k (-58.2%)
Vietnam-$4.78k (-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 Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, Laos's main importing competitors in Narrow Woven Fabric were:
United States $441M
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $9.46k
TOP IMPORT POTENTIALChina+ $822k

Narrow Woven Fabric’s highest export potential is Thailand. With an export gap of $9.46k.   Narrow Woven Fabric’s highest import potential is China with an import gap of $822k.

See methodology.

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