2022
Exports
$1.13MWorld Rnk 127 / 214
Flag Rnk 53 / 94
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$69.2MWorld Rnk 107 / 225
Flag Rnk 26 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $1.13M in Organic chemicals, making it the 127th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 53rd most exported product in Laos. The main destination of Organic chemicals exports from Laos are: China ($491k), New Zealand ($357k), Thailand ($264k), United States ($17.5k), and France ($2k).

The fastest growing export markets for Organic chemicals of Laos between 2021 and 2022 were New Zealand ($80.1k), United States ($17.5k), and South Korea ($156).

Imports In 2022, Laos imported $69.2M in Organic chemicals, becoming the 107th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 26th most imported product in Laos. Laos imports Organic chemicals primarily from: Thailand ($49.7M), China ($15.5M), Vietnam ($1.84M), United Kingdom ($828k), and Singapore ($569k).

The fastest growing import markets in Organic chemicals for Laos between 2021 and 2022 were China ($6.06M), Thailand ($1.41M), and United Kingdom ($819k).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (12), Goya Foods (7), and Pacific Trellis Fruit (4) were at the forefront of shipping Organic chemicals from Laos to the United States.

Latest Trends

Aug 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 Organic chemicals. 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)$1.13M
IMPORTS (2022)$69.2M
NET TRADE (2022)-$68M

In 2022, Laos exported $1.13M in Organic chemicals. The main destinations of Laos exports on Organic chemicals were China ($491k), New Zealand ($357k), Thailand ($264k), United States ($17.5k), and France ($2k).

In 2022, Laos imported $69.2M in Organic chemicals, mainly from Thailand ($49.7M), China ($15.5M), Vietnam ($1.84M), United Kingdom ($828k), and Singapore ($569k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Laos WERE (2021 - 2022):
New Zealand$80.1k (28.9%)
United States$17.5k (1%)
South Korea$156 (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Laos WERE (2021 - 2022):
Vietnam-$1.75M (-100%)
Thailand-$1.13M (-81.1%)
China-$927k (-65.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $659k
TOP IMPORT POTENTIALChina+ $11.1M

Organic chemicals’s highest export potential is China. With an export gap of $659k.   Organic chemicals’s highest import potential is China with an import gap of $11.1M.

See methodology.

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