2022
Exports
$746kWorld Rnk 123 / 222
Flag Rnk 171 / 648
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$58.3MWorld Rnk 85 / 225
Flag Rnk 25 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $746k in Other Iron Products, making it the 123rd largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 171st most exported product in Laos. The main destination of Other Iron Products exports from Laos are: Thailand ($716k), Vietnam ($13.1k), Kazakhstan ($9.55k), Australia ($3.12k), and United States ($2.82k).

The fastest growing export markets for Other Iron Products of Laos between 2021 and 2022 were Thailand ($401k), Kazakhstan ($9.55k), and Switzerland ($194).

Imports In 2022, Laos imported $58.3M in Other Iron Products, becoming the 85th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 25th most imported product in Laos. Laos imports Other Iron Products primarily from: Thailand ($45.6M), China ($8.27M), Vietnam ($3.24M), South Korea ($684k), and Australia ($327k).

The fastest growing import markets in Other Iron Products for Laos between 2021 and 2022 were Thailand ($21.5M), South Korea ($228k), and Australia ($223k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Iron Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$746k
IMPORTS (2022)$58.3M
NET TRADE (2022)-$57.6M

In 2022, Laos exported $746k in Other Iron Products. The main destinations of Laos exports on Other Iron Products were Thailand ($716k), Vietnam ($13.1k), Kazakhstan ($9.55k), Australia ($3.12k), and United States ($2.82k).

In 2022, Laos imported $58.3M in Other Iron Products, mainly from Thailand ($45.6M), China ($8.27M), Vietnam ($3.24M), South Korea ($684k), and Australia ($327k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$401k (127%)
Kazakhstan$9.55k (1%)
Switzerland$194 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Laos WERE (2021 - 2022):
United States-$5.73k (-67%)
South Africa-$1.77k (-100%)
Vietnam-$1.47k (-10.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Laos's main exporting competitors in Other Iron Products were:
In 2022, Laos's main importing competitors in Other Iron Products were:

Explore Visualizations

Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $765k
TOP IMPORT POTENTIALChina+ $11.3M

Other Iron Products’s highest export potential is Thailand. With an export gap of $765k.   Other Iron Products’s highest import potential is China with an import gap of $11.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with