2022
Exports
$7.26MWorld Rnk 84 / 215
Flag Rnk 81 / 648
falsefalse Japan
2022
PRODUCT COMPLEXITY IN Knit Women's Suits
-1.27Rnk 900 / 1025
2022
Imports
$15.6MWorld Rnk 109 / 220
Flag Rnk 101 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $7.26M in Knit Women's Suits, making it the 84th largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 81st most exported product in Laos. The main destination of Knit Women's Suits exports from Laos are: Japan ($5.18M), Germany ($1.07M), Czechia ($214k), United States ($202k), and Singapore ($132k).

The fastest growing export markets for Knit Women's Suits of Laos between 2021 and 2022 were Germany ($440k), United States ($181k), and Singapore ($128k).

Imports In 2022, Laos imported $15.6M in Knit Women's Suits, becoming the 109th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 101st most imported product in Laos. Laos imports Knit Women's Suits primarily from: China ($15.2M), Thailand ($272k), Vietnam ($38.9k), United Kingdom ($37.7k), and Spain ($14.9k).

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 Knit Women's Suits. 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)$7.26M
IMPORTS (2022)$15.6M
NET TRADE (2022)-$8.31M

In 2022, Laos exported $7.26M in Knit Women's Suits. The main destinations of Laos exports on Knit Women's Suits were Japan ($5.18M), Germany ($1.07M), Czechia ($214k), United States ($202k), and Singapore ($132k).

In 2022, Laos imported $15.6M in Knit Women's Suits, mainly from China ($15.2M), Thailand ($272k), Vietnam ($38.9k), United Kingdom ($37.7k), and Spain ($14.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Germany$440k (70.1%)
United States$181k (866%)
Singapore$128k (3.88k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Laos WERE (2021 - 2022):
Italy-$416k (-100%)
United Kingdom-$260k (-71.4%)
Austria-$121k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Knit Women's Suits were:
In 2022, Laos's main importing competitors in Knit Women's Suits were:

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.48M
TOP IMPORT POTENTIALChina+ $6.85M

Knit Women's Suits’s highest export potential is Germany. With an export gap of $1.48M.   Knit Women's Suits’s highest import potential is China with an import gap of $6.85M.

See methodology.

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