2023
Exports
$8.14kWorld Rnk 190 / 219
Flag Rnk 80 / 93
2023
PRODUCT COMPLEXITY IN Soap, cleaners, candles, dental, modelling pastes
1.24Rnk 92 / 1025
2023
Imports
$104MWorld Rnk 97 / 226
Flag Rnk 19 / 96
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $8.14k in Soap, cleaners, candles, dental, modelling pastes, making it the 190th largest exporter of Soap, cleaners, candles, dental, modelling pastes in the world. At the same year, Soap, cleaners, candles, dental, modelling pastes was the 80th most exported product in Laos. The main destination of Soap, cleaners, candles, dental, modelling pastes exports from Laos are: Czechia ($5.33k), Malaysia ($836), France ($662), Thailand ($602), and Netherlands ($384).

The fastest growing export markets for Soap, cleaners, candles, dental, modelling pastes of Laos between 2022 and 2023 were Czechia ($5.33k), Malaysia ($836), and Netherlands ($384).

Imports In 2023, Laos imported $104M in Soap, cleaners, candles, dental, modelling pastes, becoming the 97th largest importer of Soap, cleaners, candles, dental, modelling pastes in the world. At the same year, Soap, cleaners, candles, dental, modelling pastes was the 19th most imported product in Laos. Laos imports Soap, cleaners, candles, dental, modelling pastes primarily from: Thailand ($96.7M), China ($5.68M), Japan ($1.02M), Germany ($268k), and Singapore ($162k).

The fastest growing import markets in Soap, cleaners, candles, dental, modelling pastes for Laos between 2022 and 2023 were Thailand ($11.1M), China ($783k), and Singapore ($108k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$8.14k
IMPORTS (2023)$104M
NET TRADE (2023)-$104M

In 2023, Laos exported $8.14k in Soap, cleaners, candles, dental, modelling pastes. The main destinations of Laos exports on Soap, cleaners, candles, dental, modelling pastes were Czechia ($5.33k), Malaysia ($836), France ($662), Thailand ($602), and Netherlands ($384).

In 2023, Laos imported $104M in Soap, cleaners, candles, dental, modelling pastes, mainly from Thailand ($96.7M), China ($5.68M), Japan ($1.02M), Germany ($268k), and Singapore ($162k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soap, cleaners, candles, dental, modelling pastes EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Czechia$5.33k (1%)
Malaysia$836 (1%)
Netherlands$384 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap, cleaners, candles, dental, modelling pastes BY Laos WERE (2022 - 2023):
United Kingdom-$32.3k (-100%)
South Korea-$6.21k (-100%)
Iceland-$5.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Laos's main exporting competitors in Soap, cleaners, candles, dental, modelling pastes were:
In 2023, Laos's main importing competitors in Soap, cleaners, candles, dental, modelling pastes were:

Explore Visualizations

Trade Value of Soap, cleaners, candles, dental, modelling pastes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $23.6k
TOP IMPORT POTENTIALChina+ $5.93M

Soap, cleaners, candles, dental, modelling pastes’s highest export potential is United Kingdom. With an export gap of $23.6k.   Soap, cleaners, candles, dental, modelling pastes’s highest import potential is China with an import gap of $5.93M.

See methodology.

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