2023
Exports
$23.5MWorld Rnk 39 / 184
Flag Rnk 48 / 630
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$33.3MWorld Rnk 111 / 223
Flag Rnk 59 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $23.5M in Rice, making it the 39th largest exporter of Rice in the world. At the same year, Rice was the 48th most exported product in Laos. The main destination of Rice exports from Laos are: China ($20M), Belgium ($2.12M), Italy ($664k), Australia ($293k), and France ($129k).

The fastest growing export markets for Rice of Laos between 2022 and 2023 were Italy ($443k), United States ($116k), and Canada ($21.2k).

Imports In 2023, Laos imported $33.3M in Rice, becoming the 111th largest importer of Rice in the world. At the same year, Rice was the 59th most imported product in Laos. Laos imports Rice primarily from: Thailand ($31.8M), United States ($1.51M), Sri Lanka ($9.05k), Japan ($4.13k), and Italy ($2.16k).

The fastest growing import markets in Rice for Laos between 2022 and 2023 were Thailand ($8.8M), United States ($557k), and Sri Lanka ($9.05k).

Latest Trends

Dec 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 Rice. 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 (2023)$23.5M
IMPORTS (2023)$33.3M
NET TRADE (2023)-$9.83M

In 2023, Laos exported $23.5M in Rice. The main destinations of Laos exports on Rice were China ($20M), Belgium ($2.12M), Italy ($664k), Australia ($293k), and France ($129k).

In 2023, Laos imported $33.3M in Rice, mainly from Thailand ($31.8M), United States ($1.51M), Sri Lanka ($9.05k), Japan ($4.13k), and Italy ($2.16k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Italy$443k (201%)
United States$116k (1%)
Canada$21.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Laos WERE (2022 - 2023):
Vietnam-$15.7M (-100%)
China-$5.57M (-21.8%)
Belgium-$4.74M (-69.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Rice were:
In 2023, Laos's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15M
TOP IMPORT POTENTIALVietnam+ $3.98M

Rice’s highest export potential is China. With an export gap of $15M.   Rice’s highest import potential is Vietnam with an import gap of $3.98M.

See methodology.

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