2022
Exports
$3.7MWorld Rnk 62 / 177
Flag Rnk 103 / 648
2022
PRODUCT COMPLEXITY IN Other Sugars
-0.11Rnk 587 / 1025
2022
Imports
$1.5MWorld Rnk 135 / 221
Flag Rnk 402 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $3.7M in Other Sugars, making it the 62nd largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 103rd most exported product in Laos. The main destination of Other Sugars exports from Laos are: China ($3.7M), South Korea ($837), and Belgium ($5).

The fastest growing export markets for Other Sugars of Laos between 2021 and 2022 were China ($2.64M) and Belgium ($5).

Imports In 2022, Laos imported $1.5M in Other Sugars, becoming the 135th largest importer of Other Sugars in the world. At the same year, Other Sugars was the 402nd most imported product in Laos. Laos imports Other Sugars primarily from: Thailand ($1.16M), Vietnam ($152k), Singapore ($149k), China ($26.7k), and South Korea ($6.63k).

The fastest growing import markets in Other Sugars for Laos between 2021 and 2022 were Singapore ($149k) and Thailand ($55.1k).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Other Sugars from Laos to the United States.

Latest Trends

Sep 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 Other Sugars. 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)$3.7M
IMPORTS (2022)$1.5M
NET TRADE (2022)$2.21M

In 2022, Laos exported $3.7M in Other Sugars. The main destinations of Laos exports on Other Sugars were China ($3.7M), South Korea ($837), and Belgium ($5).

In 2022, Laos imported $1.5M in Other Sugars, mainly from Thailand ($1.16M), Vietnam ($152k), Singapore ($149k), China ($26.7k), and South Korea ($6.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$2.64M (248%)
Belgium$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY Laos WERE (2021 - 2022):
Vietnam-$78k (-100%)
Thailand-$60.3k (-100%)
South Korea-$25 (-2.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Sugars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.1M
TOP IMPORT POTENTIALThailand+ $365k

Other Sugars’s highest export potential is China. With an export gap of $2.1M.   Other Sugars’s highest import potential is Thailand with an import gap of $365k.

See methodology.

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