2022
Exports
$292kWorld Rnk 84 / 164
Flag Rnk 60 / 94
2022
PRODUCT COMPLEXITY IN Vegetable textile fibers, paper yarn & fabrics
0.57Rnk 334 / 1025
2022
Imports
$819kWorld Rnk 120 / 208
Flag Rnk 83 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $292k in Vegetable textile fibers, paper yarn & fabrics, making it the 84th largest exporter of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 60th most exported product in Laos. The main destination of Vegetable textile fibers, paper yarn & fabrics exports from Laos are: Thailand ($217k), United States ($62.1k), United Kingdom ($10.5k), and France ($1.97k).

The fastest growing export markets for Vegetable textile fibers, paper yarn & fabrics of Laos between 2021 and 2022 were Thailand ($127k), United States ($62.1k), and United Kingdom ($10.5k).

Imports In 2022, Laos imported $819k in Vegetable textile fibers, paper yarn & fabrics, becoming the 120th largest importer of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 83rd most imported product in Laos. Laos imports Vegetable textile fibers, paper yarn & fabrics primarily from: Thailand ($693k), Vietnam ($59k), China ($54.5k), and Italy ($12.2k).

The fastest growing import markets in Vegetable textile fibers, paper yarn & fabrics for Laos between 2021 and 2022 were Italy ($9.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Vegetable textile fibers, paper yarn & fabrics. 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)$292k
IMPORTS (2022)$819k
NET TRADE (2022)-$527k

In 2022, Laos exported $292k in Vegetable textile fibers, paper yarn & fabrics. The main destinations of Laos exports on Vegetable textile fibers, paper yarn & fabrics were Thailand ($217k), United States ($62.1k), United Kingdom ($10.5k), and France ($1.97k).

In 2022, Laos imported $819k in Vegetable textile fibers, paper yarn & fabrics, mainly from Thailand ($693k), Vietnam ($59k), China ($54.5k), and Italy ($12.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable textile fibers, paper yarn & fabrics EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$127k (141%)
United States$62.1k (1%)
United Kingdom$10.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable textile fibers, paper yarn & fabrics BY Laos WERE (2021 - 2022):
China-$224k (-100%)
South Korea-$93k (-100%)
France-$1.48k (-42.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Vegetable textile fibers, paper yarn & fabrics were:
In 2022, Laos's main importing competitors in Vegetable textile fibers, paper yarn & fabrics were:

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Trade Value of Vegetable textile fibers, paper yarn & fabrics by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $38.3k
TOP IMPORT POTENTIALChina+ $126k

Vegetable textile fibers, paper yarn & fabrics’s highest export potential is United States. With an export gap of $38.3k.   Vegetable textile fibers, paper yarn & fabrics’s highest import potential is China with an import gap of $126k.

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