2022
Exports
$2.61kWorld Rnk 182 / 208
Flag Rnk 87 / 94
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$7.5MWorld Rnk 122 / 224
Flag Rnk 62 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $2.61k in Clocks, watches, & parts, making it the 182nd largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 87th most exported product in Laos. The main destination of Clocks, watches, & parts exports from Laos are: Kuwait ($2.18k), South Korea ($185), United Arab Emirates ($182), and Thailand ($60).

The fastest growing export markets for Clocks, watches, & parts of Laos between 2021 and 2022 were Kuwait ($2.18k), South Korea ($185), and United Arab Emirates ($182).

Imports In 2022, Laos imported $7.5M in Clocks, watches, & parts, becoming the 122nd largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 62nd most imported product in Laos. Laos imports Clocks, watches, & parts primarily from: Switzerland ($4.06M), China ($1.57M), Singapore ($1.21M), Vietnam ($275k), and France ($226k).

The fastest growing import markets in Clocks, watches, & parts for Laos between 2021 and 2022 were China ($1.44M), Vietnam ($272k), and France ($172k).

COMPANIES In 2023, leading companies such as Continental Tire (1) and Norwegian Cruise Line (1) were at the forefront of shipping Clocks, watches, & parts from Laos to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.61k
IMPORTS (2022)$7.5M
NET TRADE (2022)-$7.5M

In 2022, Laos exported $2.61k in Clocks, watches, & parts. The main destinations of Laos exports on Clocks, watches, & parts were Kuwait ($2.18k), South Korea ($185), United Arab Emirates ($182), and Thailand ($60).

In 2022, Laos imported $7.5M in Clocks, watches, & parts, mainly from Switzerland ($4.06M), China ($1.57M), Singapore ($1.21M), Vietnam ($275k), and France ($226k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Kuwait$2.18k (1%)
South Korea$185 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Laos WERE (2021 - 2022):
Thailand-$9.44k (-99.4%)
Vietnam-$9.16k (-100%)
Singapore-$1.22k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Laos's main exporting competitors in Clocks, watches, & parts were:
In 2022, Laos's main importing competitors in Clocks, watches, & parts were:

Explore Visualizations

Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.95k
TOP IMPORT POTENTIALChina+ $1.56M

Clocks, watches, & parts’s highest export potential is China. With an export gap of $4.95k.   Clocks, watches, & parts’s highest import potential is China with an import gap of $1.56M.

See methodology.

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