2022
Exports
$1.54MWorld Rnk 103 / 224
Flag Rnk 51 / 94
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$15.6MWorld Rnk 131 / 225
Flag Rnk 55 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $1.54M in Leather articles, making it the 103rd largest exporter of Leather articles in the world. At the same year, Leather articles was the 51st most exported product in Laos. The main destination of Leather articles exports from Laos are: Japan ($1.06M), Germany ($185k), United States ($70.9k), Singapore ($36.8k), and Canada ($30.5k).

The fastest growing export markets for Leather articles of Laos between 2021 and 2022 were United States ($34k), Canada ($26.3k), and Vietnam ($18.3k).

Imports In 2022, Laos imported $15.6M in Leather articles, becoming the 131st largest importer of Leather articles in the world. At the same year, Leather articles was the 55th most imported product in Laos. Laos imports Leather articles primarily from: China ($12.9M), Thailand ($1.05M), France ($925k), United Kingdom ($405k), and Finland ($179k).

The fastest growing import markets in Leather articles for Laos between 2021 and 2022 were China ($11M), Thailand ($443k), and India ($16k).

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 Leather articles. 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)$1.54M
IMPORTS (2022)$15.6M
NET TRADE (2022)-$14.1M

In 2022, Laos exported $1.54M in Leather articles. The main destinations of Laos exports on Leather articles were Japan ($1.06M), Germany ($185k), United States ($70.9k), Singapore ($36.8k), and Canada ($30.5k).

In 2022, Laos imported $15.6M in Leather articles, mainly from China ($12.9M), Thailand ($1.05M), France ($925k), United Kingdom ($405k), and Finland ($179k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United States$34k (92.2%)
Canada$26.3k (638%)
Vietnam$18.3k (1.19k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Laos WERE (2021 - 2022):
Germany-$402k (-68.5%)
Japan-$300k (-22.1%)
Thailand-$86.7k (-77.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Laos's main importing competitors in Leather articles were:

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $793k
TOP IMPORT POTENTIALChina+ $9.32M

Leather articles’s highest export potential is Japan. With an export gap of $793k.   Leather articles’s highest import potential is China with an import gap of $9.32M.

See methodology.

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