2023
Exports
$229kWorld Rnk 139 / 223
Flag Rnk 212 / 630
2023
PRODUCT COMPLEXITY IN Valves
1.34Rnk 71 / 1025
2023
Imports
$29.2MWorld Rnk 121 / 226
Flag Rnk 68 / 1073
2023
ECONOMIC COMPLEXITY of Laos
-0.89Rnk 107 / 132

About

Exports In 2023, Laos exported $229k in Valves, making it the 139th largest exporter of Valves in the world. At the same year, Valves was the 212th most exported product in Laos. The main destination of Valves exports from Laos are: Netherlands ($126k), Australia ($61.9k), United Arab Emirates ($21.1k), Thailand ($15.6k), and South Africa ($1.42k).

The fastest growing export markets for Valves of Laos between 2022 and 2023 were Netherlands ($126k), Australia ($60.1k), and United Arab Emirates ($21.1k).

Imports In 2023, Laos imported $29.2M in Valves, becoming the 121st largest importer of Valves in the world. At the same year, Valves was the 68th most imported product in Laos. Laos imports Valves primarily from: China ($14.3M), Thailand ($9.18M), Australia ($1.55M), Germany ($1.47M), and Poland ($998k).

The fastest growing import markets in Valves for Laos between 2022 and 2023 were Thailand ($1.18M), Poland ($998k), and Germany ($950k).

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 Valves. 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)$229k
IMPORTS (2023)$29.2M
NET TRADE (2023)-$29M

In 2023, Laos exported $229k in Valves. The main destinations of Laos exports on Valves were Netherlands ($126k), Australia ($61.9k), United Arab Emirates ($21.1k), Thailand ($15.6k), and South Africa ($1.42k).

In 2023, Laos imported $29.2M in Valves, mainly from China ($14.3M), Thailand ($9.18M), Australia ($1.55M), Germany ($1.47M), and Poland ($998k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Laos WERE (2022 - 2023):
Netherlands$126k (1%)
Australia$60.1k (3.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Laos WERE (2022 - 2023):
Malaysia-$4.19k (-100%)
Canada-$43 (-100%)
Singapore-$38 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $19.2k
TOP IMPORT POTENTIALChina+ $12.7M

Valves’s highest export potential is Thailand. With an export gap of $19.2k.   Valves’s highest import potential is China with an import gap of $12.7M.

See methodology.

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