2016
Exports
$16.8kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2016
Imports
$8.29MWorld Rnk 130 / 208
Flag Rnk 160 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $8.29M in Palm Oil, becoming the 130th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 160th most imported product in Laos. Laos imports Palm Oil primarily from: Thailand ($6.51M), Vietnam ($1.75M), and Malaysia ($29.2k).

The fastest growing import markets in Palm Oil for Laos between 2021 and 2022 were Thailand ($1.71M) and Vietnam ($554k).

COMPANIES In 2023, leading companies such as Chevron (2) were at the forefront of shipping Palm Oil from Laos to the United States.

Latest Trends

Oct 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 Palm Oil. 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 (2016)$16.8k
IMPORTS (2022)$8.29M
NET TRADE (2022)-$8.29M

In 2022, Laos imported $8.29M in Palm Oil, mainly from Thailand ($6.51M), Vietnam ($1.75M), and Malaysia ($29.2k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Laos's main exporting competitors in Palm Oil were:
In 2022, Laos's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

Explore Visualizations

Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $930
TOP IMPORT POTENTIALThailand+ $926k

Palm Oil’s highest export potential is China. With an export gap of $930.   Palm Oil’s highest import potential is Thailand with an import gap of $926k.

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