2022
Exports
$73World Rnk 182 / 200
Flag Rnk 595 / 648
falsefalse South Korea
2022
PRODUCT COMPLEXITY IN Pens
0.7Rnk 277 / 1025
2022
Imports
$1.7MWorld Rnk 139 / 222
Flag Rnk 384 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $73 in Pens, making it the 182nd largest exporter of Pens in the world. At the same year, Pens was the 595th most exported product in Laos. The main destination of Pens exports from Laos are: South Korea ($73).

The fastest growing export markets for Pens of Laos between 2021 and 2022 were South Korea ($73).

Imports In 2022, Laos imported $1.7M in Pens, becoming the 139th largest importer of Pens in the world. At the same year, Pens was the 384th most imported product in Laos. Laos imports Pens primarily from: Thailand ($1.02M), China ($409k), Vietnam ($254k), Singapore ($11.4k), and South Korea ($304).

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 Pens. 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)$73
IMPORTS (2022)$1.7M
NET TRADE (2022)-$1.7M

In 2022, Laos exported $73 in Pens. The main destinations of Laos exports on Pens were South Korea ($73).

In 2022, Laos imported $1.7M in Pens, mainly from Thailand ($1.02M), China ($409k), Vietnam ($254k), Singapore ($11.4k), and South Korea ($304).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Laos WERE (2021 - 2022):South Korea$73 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Laos WERE (2021 - 2022):
Canada-$7.34k (-100%)
France-$95 (-100%)
Vietnam-$29 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
In 2022, Laos's main importing competitors in Pens were:

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $598
TOP IMPORT POTENTIALChina+ $536k

Pens’s highest export potential is China. With an export gap of $598.   Pens’s highest import potential is China with an import gap of $536k.

See methodology.

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