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Pricing

2020
Exports $1.63kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2020
Imports $337kWorld Rnk 76 / 211
Flag Rnk 623 / 1071
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Imports In 2022, Laos imported $337k in Time Recording Instruments, becoming the 76th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 623rd most imported product in Laos. Laos imports Time Recording Instruments primarily from: Vietnam ($275k), Thailand ($49k), China ($13.1k), and South Korea ($499).

The fastest growing import markets in Time Recording Instruments for Laos between 2021 and 2022 were Vietnam ($275k), Thailand ($26.2k), and China ($12.8k).

Latest Trends

Nov 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 Time Recording Instruments. 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 (2020)$1.63k
IMPORTS (2022)$337k
NET TRADE (2022)-$337k

In 2022, Laos imported $337k in Time Recording Instruments, mainly from Vietnam ($275k), Thailand ($49k), China ($13.1k), and South Korea ($499).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Laos's main exporting competitors in Time Recording Instruments were:
China $168M
France $41.2M
United States $24.5M
In 2022, Laos's main importing competitors in Time Recording Instruments were:
United States $54.5M
Germany $34.3M
Japan $34M

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $316
TOP IMPORT POTENTIALChina+ $29.7k

Time Recording Instruments’s highest export potential is United States. With an export gap of $316.   Time Recording Instruments’s highest import potential is China with an import gap of $29.7k.

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