2023
Exports
$1.08MWorld Rnk 73 / 121
Flag Rnk 154 / 630
2023
PRODUCT COMPLEXITY IN Soybean Meal
-1.09Rnk 852 / 1025
2023
Imports
$22.3MWorld Rnk 95 / 175
Flag Rnk 78 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $1.08M in Soybean Meal, making it the 73rd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 154th most exported product in Laos. The main destination of Soybean Meal exports from Laos are: Cambodia ($1.08M).

The fastest growing export markets for Soybean Meal of Laos between N/A and 2023 were Cambodia ($1.08M).

Imports In 2023, Laos imported $22.3M in Soybean Meal, becoming the 95th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 78th most imported product in Laos. Laos imports Soybean Meal primarily from: Thailand ($22.3M) and Netherlands ($235).

The fastest growing import markets in Soybean Meal for Laos between 2022 and 2023 were Thailand ($2.08M) and Netherlands ($235).

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 Soybean Meal. 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)$1.08M
IMPORTS (2023)$22.3M
NET TRADE (2023)-$21.3M

In 2023, Laos exported $1.08M in Soybean Meal. The main destinations of Laos exports on Soybean Meal were Cambodia ($1.08M).

In 2023, Laos imported $22.3M in Soybean Meal, mainly from Thailand ($22.3M) and Netherlands ($235).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Laos WERE (N/A - 2023):Cambodia$1.08M (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALVietnam+ $673
TOP IMPORT POTENTIALIndia+ $746k

Soybean Meal’s highest export potential is Vietnam. With an export gap of $673.   Soybean Meal’s highest import potential is India with an import gap of $746k.

See methodology.

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