2023
Exports
$396kWorld Rnk 172 / 207
Flag Rnk 187 / 630
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$1.73MWorld Rnk 82 / 177
Flag Rnk 375 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $396k in Scrap Iron, making it the 172nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 187th most exported product in Laos. The main destination of Scrap Iron exports from Laos are: Thailand ($396k).

The fastest growing export markets for Scrap Iron of Laos between 2022 and 2023 were Thailand ($335k).

Imports In 2023, Laos imported $1.73M in Scrap Iron, becoming the 82nd largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 375th most imported product in Laos. Laos imports Scrap Iron primarily from: Thailand ($1.73M).

The fastest growing import markets in Scrap Iron for Laos between 2022 and 2023 were Thailand ($811k).

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 Scrap Iron. 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)$396k
IMPORTS (2023)$1.73M
NET TRADE (2023)-$1.34M

In 2023, Laos exported $396k in Scrap Iron. The main destinations of Laos exports on Scrap Iron were Thailand ($396k).

In 2023, Laos imported $1.73M in Scrap Iron, mainly from Thailand ($1.73M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Laos WERE (2022 - 2023):Thailand$335k (544%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Scrap Iron were:
In 2023, Laos's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $84.1k
TOP IMPORT POTENTIALThailand+ $307k

Scrap Iron’s highest export potential is Thailand. With an export gap of $84.1k.   Scrap Iron’s highest import potential is Thailand with an import gap of $307k.

See methodology.

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