2022
Exports
$377kWorld Rnk 157 / 223
Flag Rnk 58 / 94
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$81.9MWorld Rnk 150 / 226
Flag Rnk 22 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $377k in Pharmaceutical products, making it the 157th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 58th most exported product in Laos. The main destination of Pharmaceutical products exports from Laos are: China ($368k), Ireland ($3.63k), India ($2.26k), Hong Kong ($2.11k), and France ($1.18k).

The fastest growing export markets for Pharmaceutical products of Laos between 2021 and 2022 were China ($316k), Ireland ($3.63k), and India ($2.26k).

Imports In 2022, Laos imported $81.9M in Pharmaceutical products, becoming the 150th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 22nd most imported product in Laos. Laos imports Pharmaceutical products primarily from: Thailand ($28.7M), China ($14.2M), Singapore ($7.95M), United States ($7.67M), and India ($5.59M).

The fastest growing import markets in Pharmaceutical products for Laos between 2021 and 2022 were France ($2.77M), Vietnam ($2.52M), and India ($2.51M).

Latest Trends

Aug 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 Pharmaceutical products. 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)$377k
IMPORTS (2022)$81.9M
NET TRADE (2022)-$81.6M

In 2022, Laos exported $377k in Pharmaceutical products. The main destinations of Laos exports on Pharmaceutical products were China ($368k), Ireland ($3.63k), India ($2.26k), Hong Kong ($2.11k), and France ($1.18k).

In 2022, Laos imported $81.9M in Pharmaceutical products, mainly from Thailand ($28.7M), China ($14.2M), Singapore ($7.95M), United States ($7.67M), and India ($5.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$316k (617%)
Ireland$3.63k (1%)
India$2.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Laos WERE (2021 - 2022):
Vietnam-$52.1k (-100%)
France-$16.5k (-93.3%)
United States-$2.43k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Pharmaceutical products were:
In 2022, Laos's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $896k
TOP IMPORT POTENTIALChina+ $12.3M

Pharmaceutical products’s highest export potential is China. With an export gap of $896k.   Pharmaceutical products’s highest import potential is China with an import gap of $12.3M.

See methodology.

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