2023
Exports
$11.8kWorld Rnk 177 / 221
Flag Rnk 380 / 630
2023
PRODUCT COMPLEXITY IN Other Hand Tools
1.82Rnk 14 / 1025
2023
Imports
$4.14MWorld Rnk 125 / 225
Flag Rnk 251 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $11.8k in Other Hand Tools, making it the 177th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 380th most exported product in Laos. The main destination of Other Hand Tools exports from Laos are: Thailand ($11.4k), Estonia ($364), and Maldives ($44).

The fastest growing export markets for Other Hand Tools of Laos between 2022 and 2023 were Maldives ($44).

Imports In 2023, Laos imported $4.14M in Other Hand Tools, becoming the 125th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 251st most imported product in Laos. Laos imports Other Hand Tools primarily from: Thailand ($2.92M), China ($1.09M), Malaysia ($36k), India ($35.1k), and Australia ($25.8k).

The fastest growing import markets in Other Hand Tools for Laos between 2022 and 2023 were Thailand ($1.31M), China ($178k), and Malaysia ($36k).

Latest Trends

Jan 2025

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 Other Hand Tools. 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 (2023)$11.8k
IMPORTS (2023)$4.14M
NET TRADE (2023)-$4.13M

In 2023, Laos exported $11.8k in Other Hand Tools. The main destinations of Laos exports on Other Hand Tools were Thailand ($11.4k), Estonia ($364), and Maldives ($44).

In 2023, Laos imported $4.14M in Other Hand Tools, mainly from Thailand ($2.92M), China ($1.09M), Malaysia ($36k), India ($35.1k), and Australia ($25.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Laos WERE (2022 - 2023):Maldives$44 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Laos WERE (2022 - 2023):
Thailand-$24.5k (-68.3%)
Morocco-$3.42k (-100%)
France-$599 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Other Hand Tools were:
In 2023, Laos's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $29.4k
TOP IMPORT POTENTIALChina+ $1M

Other Hand Tools’s highest export potential is Thailand. With an export gap of $29.4k.   Other Hand Tools’s highest import potential is China with an import gap of $1M.

See methodology.

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