2022
Exports
$16MWorld Rnk 53 / 218
Flag Rnk 28 / 94
2022
PRODUCT COMPLEXITY IN Headgear
0.5Rnk 367 / 1025
2022
Imports
$3.75MWorld Rnk 123 / 225
Flag Rnk 71 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $16M in Headgear, making it the 53rd largest exporter of Headgear in the world. At the same year, Headgear was the 28th most exported product in Laos. The main destination of Headgear exports from Laos are: United States ($12.7M), Singapore ($1.06M), Canada ($763k), United Kingdom ($328k), and Japan ($262k).

The fastest growing export markets for Headgear of Laos between 2021 and 2022 were United States ($660k), Canada ($392k), and United Kingdom ($273k).

Imports In 2022, Laos imported $3.75M in Headgear, becoming the 123rd largest importer of Headgear in the world. At the same year, Headgear was the 71st most imported product in Laos. Laos imports Headgear primarily from: China ($3.02M), Thailand ($629k), Australia ($29.1k), Vietnam ($26.8k), and Cambodia ($16.2k).

The fastest growing import markets in Headgear for Laos between 2021 and 2022 were China ($1.66M), Australia ($23.6k), and Cambodia ($16.2k).

Latest Trends

Jul 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 Headgear. 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 (2022)$16M
IMPORTS (2022)$3.75M
NET TRADE (2022)$12.2M

In 2022, Laos exported $16M in Headgear. The main destinations of Laos exports on Headgear were United States ($12.7M), Singapore ($1.06M), Canada ($763k), United Kingdom ($328k), and Japan ($262k).

In 2022, Laos imported $3.75M in Headgear, mainly from China ($3.02M), Thailand ($629k), Australia ($29.1k), Vietnam ($26.8k), and Cambodia ($16.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headgear EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United States$660k (5.49%)
Canada$392k (106%)
United Kingdom$273k (495%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headgear BY Laos WERE (2021 - 2022):
Singapore-$1.4M (-56.9%)
Mexico-$108k (-100%)
Netherlands-$87.6k (-89.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Headgear were:
In 2022, Laos's main importing competitors in Headgear were:

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Trade Value of Headgear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.2M
TOP IMPORT POTENTIALChina+ $1.01M

Headgear’s highest export potential is United States. With an export gap of $2.2M.   Headgear’s highest import potential is China with an import gap of $1.01M.

See methodology.

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