2023
Exports
$197kWorld Rnk 141 / 198
Flag Rnk 217 / 630
2023
PRODUCT COMPLEXITY IN Stone Processing Machines
0.43Rnk 399 / 1025
2023
Imports
$70.4MWorld Rnk 70 / 224
Flag Rnk 19 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $197k in Stone Processing Machines, making it the 141st largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 217th most exported product in Laos. The main destination of Stone Processing Machines exports from Laos are: Philippines ($136k), China ($44k), Thailand ($16.9k), and Finland ($50).

The fastest growing export markets for Stone Processing Machines of Laos between 2022 and 2023 were Philippines ($136k), China ($43.7k), and Thailand ($11.5k).

Imports In 2023, Laos imported $70.4M in Stone Processing Machines, becoming the 70th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 19th most imported product in Laos. Laos imports Stone Processing Machines primarily from: China ($56.8M), Thailand ($5.83M), France ($4.04M), Germany ($1.88M), and Australia ($900k).

The fastest growing import markets in Stone Processing Machines for Laos between 2022 and 2023 were China ($10.1M), France ($4.04M), and Germany ($1.88M).

COMPANIES In 2024, leading companies such as Norwegian Cruise Line (2) were at the forefront of shipping Stone Processing Machines from Laos to the United States.

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 Stone Processing Machines. 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)$197k
IMPORTS (2023)$70.4M
NET TRADE (2023)-$70.2M

In 2023, Laos exported $197k in Stone Processing Machines. The main destinations of Laos exports on Stone Processing Machines were Philippines ($136k), China ($44k), Thailand ($16.9k), and Finland ($50).

In 2023, Laos imported $70.4M in Stone Processing Machines, mainly from China ($56.8M), Thailand ($5.83M), France ($4.04M), Germany ($1.88M), and Australia ($900k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Philippines$136k (1%)
China$43.7k (14.4k%)
Thailand$11.5k (216%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Laos WERE (2022 - 2023):Netherlands-$1.94k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Laos's main exporting competitors in Stone Processing Machines were:
In 2023, Laos's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $9.75k
TOP IMPORT POTENTIALChina+ $5.74M

Stone Processing Machines’s highest export potential is Thailand. With an export gap of $9.75k.   Stone Processing Machines’s highest import potential is China with an import gap of $5.74M.

See methodology.

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