2022
Exports
$119MWorld Rnk 77 / 226
Flag Rnk 17 / 94
2022
PRODUCT COMPLEXITY IN Knitted clothing accesories
-0.71Rnk 761 / 1025
2022
Imports
$42.5MWorld Rnk 130 / 224
Flag Rnk 36 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $119M in Knitted clothing accesories, making it the 77th largest exporter of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 17th most exported product in Laos. The main destination of Knitted clothing accesories exports from Laos are: Germany ($51.5M), United States ($10.5M), Switzerland ($8.11M), Japan ($7.72M), and United Kingdom ($5.68M).

The fastest growing export markets for Knitted clothing accesories of Laos between 2021 and 2022 were Germany ($10.5M), United States ($6.76M), and Thailand ($2.26M).

Imports In 2022, Laos imported $42.5M in Knitted clothing accesories, becoming the 130th largest importer of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 36th most imported product in Laos. Laos imports Knitted clothing accesories primarily from: China ($38.4M), Thailand ($2.35M), Vietnam ($666k), South Korea ($498k), and Japan ($130k).

The fastest growing import markets in Knitted clothing accesories for Laos between 2021 and 2022 were China ($36.6M), South Korea ($467k), and Thailand ($444k).

COMPANIES In 2023, leading companies such as Giorgio Armani (10), Guess Clothing (5), and Costco Wholesale (1) were at the forefront of shipping Knitted clothing accesories 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 Knitted clothing accesories. 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)$119M
IMPORTS (2022)$42.5M
NET TRADE (2022)$76.2M

In 2022, Laos exported $119M in Knitted clothing accesories. The main destinations of Laos exports on Knitted clothing accesories were Germany ($51.5M), United States ($10.5M), Switzerland ($8.11M), Japan ($7.72M), and United Kingdom ($5.68M).

In 2022, Laos imported $42.5M in Knitted clothing accesories, mainly from China ($38.4M), Thailand ($2.35M), Vietnam ($666k), South Korea ($498k), and Japan ($130k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted clothing accesories EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Germany$10.5M (25.5%)
United States$6.76M (180%)
Thailand$2.26M (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted clothing accesories BY Laos WERE (2021 - 2022):
Austria-$5.9M (-99.9%)
Italy-$5.2M (-53.5%)
Japan-$848k (-9.89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Knitted clothing accesories were:
In 2022, Laos's main importing competitors in Knitted clothing accesories were:

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Trade Value of Knitted clothing accesories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $20M
TOP IMPORT POTENTIALChina+ $23M

Knitted clothing accesories’s highest export potential is Germany. With an export gap of $20M.   Knitted clothing accesories’s highest import potential is China with an import gap of $23M.

See methodology.

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