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Pricing

2015
Exports $2World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates-0.15Rnk 597 / 1025
2015
Imports $30.7kWorld Rnk 151 / 183
Flag Rnk 881 / 1071
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $30.7k in Nitrites and Nitrates, becoming the 151st largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 881st most imported product in Laos. Laos imports Nitrites and Nitrates primarily from: Thailand ($14.7k), Vietnam ($8.13k), Malaysia ($7.65k), and Singapore ($251).

The fastest growing import markets in Nitrites and Nitrates for Laos between 2021 and 2022 were Malaysia ($7.65k), Thailand ($7.43k), and Vietnam ($1.97k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Nitrites and Nitrates. 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 (2015)$2
IMPORTS (2022)$30.7k
NET TRADE (2022)-$30.7k

In 2022, Laos imported $30.7k in Nitrites and Nitrates, mainly from Thailand ($14.7k), Vietnam ($8.13k), Malaysia ($7.65k), and Singapore ($251).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Laos's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
Israel $187M
In 2022, Laos's main importing competitors in Nitrites and Nitrates were:
Netherlands $269M
Spain $201M
United States $160M

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $362
TOP IMPORT POTENTIALThailand+ $4.64k

Nitrites and Nitrates’s highest export potential is China. With an export gap of $362.   Nitrites and Nitrates’s highest import potential is Thailand with an import gap of $4.64k.

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