2022
Exports
$19.7MWorld Rnk 90 / 225
Flag Rnk 26 / 94
2022
PRODUCT COMPLEXITY IN Furniture, bedding, lamps, & prefab buildings
0.86Rnk 222 / 1025
2022
Imports
$47.5MWorld Rnk 144 / 225
Flag Rnk 34 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $19.7M in Furniture, bedding, lamps, & prefab buildings, making it the 90th largest exporter of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 26th most exported product in Laos. The main destination of Furniture, bedding, lamps, & prefab buildings exports from Laos are: China ($10.6M), United States ($5.77M), Thailand ($2.04M), Japan ($1.21M), and Australia ($44.7k).

The fastest growing export markets for Furniture, bedding, lamps, & prefab buildings of Laos between 2021 and 2022 were Thailand ($719k), Japan ($363k), and Grenada ($25.9k).

Imports In 2022, Laos imported $47.5M in Furniture, bedding, lamps, & prefab buildings, becoming the 144th largest importer of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 34th most imported product in Laos. Laos imports Furniture, bedding, lamps, & prefab buildings primarily from: China ($25.2M), Thailand ($17.6M), Vietnam ($3.68M), South Korea ($503k), and France ($227k).

The fastest growing import markets in Furniture, bedding, lamps, & prefab buildings for Laos between 2021 and 2022 were China ($5.05M), South Korea ($108k), and Australia ($50.9k).

COMPANIES In 2023, leading companies such as Goya Foods (9), Signify Lighting (3), and Riviana Foods (2) were at the forefront of shipping Furniture, bedding, lamps, & prefab buildings from Laos to the United States.

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 Furniture, bedding, lamps, & prefab buildings. 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)$19.7M
IMPORTS (2022)$47.5M
NET TRADE (2022)-$27.8M

In 2022, Laos exported $19.7M in Furniture, bedding, lamps, & prefab buildings. The main destinations of Laos exports on Furniture, bedding, lamps, & prefab buildings were China ($10.6M), United States ($5.77M), Thailand ($2.04M), Japan ($1.21M), and Australia ($44.7k).

In 2022, Laos imported $47.5M in Furniture, bedding, lamps, & prefab buildings, mainly from China ($25.2M), Thailand ($17.6M), Vietnam ($3.68M), South Korea ($503k), and France ($227k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furniture, bedding, lamps, & prefab buildings EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$719k (54.4%)
Japan$363k (43%)
Grenada$25.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, bedding, lamps, & prefab buildings BY Laos WERE (2021 - 2022):
United States-$13.7M (-70.3%)
Vietnam-$5.97M (-100%)
China-$2.84M (-21.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Furniture, bedding, lamps, & prefab buildings were:
China $124B
Germany $17.6B
Poland $16.5B
In 2022, Laos's main importing competitors in Furniture, bedding, lamps, & prefab buildings were:

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Trade Value of Furniture, bedding, lamps, & prefab buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.89M
TOP IMPORT POTENTIALChina+ $25.1M

Furniture, bedding, lamps, & prefab buildings’s highest export potential is China. With an export gap of $6.89M.   Furniture, bedding, lamps, & prefab buildings’s highest import potential is China with an import gap of $25.1M.

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