2023
Exports
$71.6kWorld Rnk 129 / 182
Flag Rnk 264 / 630
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.68Rnk 24 / 1025
2023
Imports
$8.98MWorld Rnk 117 / 216
Flag Rnk 157 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $71.6k in Rubberworking Machinery, making it the 129th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 264th most exported product in Laos. The main destination of Rubberworking Machinery exports from Laos are: Turkey ($62.2k), Thailand ($5.31k), and France ($4.11k).

The fastest growing export markets for Rubberworking Machinery of Laos between 2022 and 2023 were Turkey ($62.2k) and France ($4.11k).

Imports In 2023, Laos imported $8.98M in Rubberworking Machinery, becoming the 117th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 157th most imported product in Laos. Laos imports Rubberworking Machinery primarily from: China ($7.32M), Thailand ($688k), Japan ($402k), Germany ($262k), and France ($191k).

The fastest growing import markets in Rubberworking Machinery for Laos between 2022 and 2023 were China ($3.63M), Japan ($402k), and Thailand ($284k).

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 Rubberworking Machinery. 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)$71.6k
IMPORTS (2023)$8.98M
NET TRADE (2023)-$8.91M

In 2023, Laos exported $71.6k in Rubberworking Machinery. The main destinations of Laos exports on Rubberworking Machinery were Turkey ($62.2k), Thailand ($5.31k), and France ($4.11k).

In 2023, Laos imported $8.98M in Rubberworking Machinery, mainly from China ($7.32M), Thailand ($688k), Japan ($402k), Germany ($262k), and France ($191k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Turkey$62.2k (1%)
France$4.11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Laos WERE (2022 - 2023):
Thailand-$19k (-78.1%)
Vietnam-$13k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, Laos's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $39.7k
TOP IMPORT POTENTIALChina+ $2.55M

Rubberworking Machinery’s highest export potential is Thailand. With an export gap of $39.7k.   Rubberworking Machinery’s highest import potential is China with an import gap of $2.55M.

See methodology.

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