2022
Exports
$91.8MWorld Rnk 10 / 158
Flag Rnk 19 / 648
2022
PRODUCT COMPLEXITY IN Processed Cereals
-0.77Rnk 775 / 1025
2022
Imports
$13.9kWorld Rnk 192 / 218
Flag Rnk 935 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $91.8M in Processed Cereals, making it the 10th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 19th most exported product in Laos. The main destination of Processed Cereals exports from Laos are: China ($89.9M), Thailand ($1.21M), Chinese Taipei ($681k), Bosnia and Herzegovina ($69), and France ($53).

The fastest growing export markets for Processed Cereals of Laos between 2021 and 2022 were China ($73.7M), Thailand ($324k), and Bosnia and Herzegovina ($69).

Imports In 2022, Laos imported $13.9k in Processed Cereals, becoming the 192nd largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 935th most imported product in Laos. Laos imports Processed Cereals primarily from: Canada ($8.22k), Thailand ($5.53k), France ($103), and South Korea ($84).

The fastest growing import markets in Processed Cereals for Laos between 2021 and 2022 were South Korea ($84).

COMPANIES In 2023, leading companies such as Goya Foods (4) were at the forefront of shipping Processed Cereals 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 Processed Cereals. 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)$91.8M
IMPORTS (2022)$13.9k
NET TRADE (2022)$91.8M

In 2022, Laos exported $91.8M in Processed Cereals. The main destinations of Laos exports on Processed Cereals were China ($89.9M), Thailand ($1.21M), Chinese Taipei ($681k), Bosnia and Herzegovina ($69), and France ($53).

In 2022, Laos imported $13.9k in Processed Cereals, mainly from Canada ($8.22k), Thailand ($5.53k), France ($103), and South Korea ($84).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$73.7M (453%)
Thailand$324k (36.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Laos WERE (2021 - 2022):
Chinese Taipei-$210k (-23.6%)
Japan-$14.8k (-100%)
France-$221 (-80.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Processed Cereals were:
In 2022, Laos's main importing competitors in Processed Cereals were:

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $937k
TOP IMPORT POTENTIALCanada+ $6.27k

Processed Cereals’s highest export potential is Thailand. With an export gap of $937k.   Processed Cereals’s highest import potential is Canada with an import gap of $6.27k.

See methodology.

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