2022
Exports
$1World Rnk 208 / 209
Flag Rnk 648 / 648
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$2.39MWorld Rnk 148 / 223
Flag Rnk 326 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $1 in Padlocks, making it the 208th largest exporter of Padlocks in the world. At the same year, Padlocks was the 648th most exported product in Laos. The main destination of Padlocks exports from Laos are: Poland ($1).

The fastest growing export markets for Padlocks of Laos between 2021 and 2022 were Poland ($1).

Imports In 2022, Laos imported $2.39M in Padlocks, becoming the 148th largest importer of Padlocks in the world. At the same year, Padlocks was the 326th most imported product in Laos. Laos imports Padlocks primarily from: China ($1.33M), Thailand ($884k), Vietnam ($136k), Australia ($33k), and Germany ($4.09k).

The fastest growing import markets in Padlocks for Laos between 2021 and 2022 were China ($1.09M), Thailand ($41k), and Australia ($5.56k).

COMPANIES In 2023, leading companies such as Norwegian Cruise Line (9) were at the forefront of shipping Padlocks 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 Padlocks. 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
IMPORTS (2022)$2.39M
NET TRADE (2022)-$2.39M

In 2022, Laos exported $1 in Padlocks. The main destinations of Laos exports on Padlocks were Poland ($1).

In 2022, Laos imported $2.39M in Padlocks, mainly from China ($1.33M), Thailand ($884k), Vietnam ($136k), Australia ($33k), and Germany ($4.09k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Laos WERE (2021 - 2022):Poland$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Laos WERE (2021 - 2022):
France-$234 (-100%)
Canada-$118 (-100%)
Singapore-$4 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Laos's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $616
TOP IMPORT POTENTIALChina+ $1.36M

Padlocks’s highest export potential is China. With an export gap of $616.   Padlocks’s highest import potential is China with an import gap of $1.36M.

See methodology.

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