2022
Exports
$93.4kWorld Rnk 117 / 168
Flag Rnk 244 / 648
2022
PRODUCT COMPLEXITY IN Onions
-2.01Rnk 1003 / 1025
2022
Imports
$5.05MWorld Rnk 106 / 219
Flag Rnk 217 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $93.4k in Onions, making it the 117th largest exporter of Onions in the world. At the same year, Onions was the 244th most exported product in Laos. The main destination of Onions exports from Laos are: South Korea ($91.3k), Sao Tome and Principe ($1.15k), France ($872), and Bahrain ($81).

The fastest growing export markets for Onions of Laos between 2021 and 2022 were South Korea ($61.4k), Sao Tome and Principe ($1.15k), and Bahrain ($81).

Imports In 2022, Laos imported $5.05M in Onions, becoming the 106th largest importer of Onions in the world. At the same year, Onions was the 217th most imported product in Laos. Laos imports Onions primarily from: China ($4.04M), Vietnam ($938k), Thailand ($75.6k), and South Korea ($151).

The fastest growing import markets in Onions for Laos between 2021 and 2022 were Vietnam ($450k) and South Korea ($151).

COMPANIES In 2023, leading companies such as LG Electronics (6) and Goya Foods (2) were at the forefront of shipping Onions from Laos to the United States.

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 Onions. 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)$93.4k
IMPORTS (2022)$5.05M
NET TRADE (2022)-$4.96M

In 2022, Laos exported $93.4k in Onions. The main destinations of Laos exports on Onions were South Korea ($91.3k), Sao Tome and Principe ($1.15k), France ($872), and Bahrain ($81).

In 2022, Laos imported $5.05M in Onions, mainly from China ($4.04M), Vietnam ($938k), Thailand ($75.6k), and South Korea ($151).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Onions EXPORT MARKETS FOR Laos WERE (2021 - 2022):
South Korea$61.4k (205%)
Bahrain$81 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Onions BY Laos WERE (2021 - 2022):
Vietnam-$4.02M (-100%)
Thailand-$30k (-100%)
Chinese Taipei-$19.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Onions were:
In 2022, Laos's main importing competitors in Onions were:

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Trade Value of Onions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $16.7k
TOP IMPORT POTENTIALChina+ $1.46M

Onions’s highest export potential is South Korea. With an export gap of $16.7k.   Onions’s highest import potential is China with an import gap of $1.46M.

See methodology.

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