2022
Exports
$207MWorld Rnk 58 / 226
Flag Rnk 13 / 94
2022
PRODUCT COMPLEXITY IN Optical, photo, & film equipment; medical instruments
2.12Rnk 3 / 1025
2022
Imports
$72.4MWorld Rnk 132 / 226
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $207M in Optical, photo, & film equipment; medical instruments, making it the 58th largest exporter of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 13th most exported product in Laos. The main destination of Optical, photo, & film equipment; medical instruments exports from Laos are: United States ($129M), Mexico ($42.1M), Thailand ($21M), South Korea ($9.31M), and China ($1.97M).

The fastest growing export markets for Optical, photo, & film equipment; medical instruments of Laos between 2021 and 2022 were United States ($55.3M), Mexico ($14.1M), and China ($908k).

Imports In 2022, Laos imported $72.4M in Optical, photo, & film equipment; medical instruments, becoming the 132nd largest importer of Optical, photo, & film equipment; medical instruments in the world. At the same year, Optical, photo, & film equipment; medical instruments was the 25th most imported product in Laos. Laos imports Optical, photo, & film equipment; medical instruments primarily from: Thailand ($33.7M), China ($25M), Singapore ($2.01M), Australia ($1.73M), and Vietnam ($1.63M).

The fastest growing import markets in Optical, photo, & film equipment; medical instruments for Laos between 2021 and 2022 were United Arab Emirates ($502k), Malaysia ($319k), and Luxembourg ($136k).

COMPANIES In 2023, leading companies such as Norwegian Cruise Line (2) and Pacific Trellis Fruit (1) were at the forefront of shipping Optical, photo, & film equipment; medical instruments 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 Optical, photo, & film equipment; medical instruments. 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)$207M
IMPORTS (2022)$72.4M
NET TRADE (2022)$135M

In 2022, Laos exported $207M in Optical, photo, & film equipment; medical instruments. The main destinations of Laos exports on Optical, photo, & film equipment; medical instruments were United States ($129M), Mexico ($42.1M), Thailand ($21M), South Korea ($9.31M), and China ($1.97M).

In 2022, Laos imported $72.4M in Optical, photo, & film equipment; medical instruments, mainly from Thailand ($33.7M), China ($25M), Singapore ($2.01M), Australia ($1.73M), and Vietnam ($1.63M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Optical, photo, & film equipment; medical instruments EXPORT MARKETS FOR Laos WERE (2021 - 2022):
United States$55.3M (74.7%)
Mexico$14.1M (50.1%)
China$908k (85.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical, photo, & film equipment; medical instruments BY Laos WERE (2021 - 2022):
Hong Kong-$2.82M (-100%)
Thailand-$924k (-4.22%)
Colombia-$527k (-80.3%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Optical, photo, & film equipment; medical instruments were:
In 2022, Laos's main importing competitors in Optical, photo, & film equipment; medical instruments were:

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Trade Value of Optical, photo, & film equipment; medical instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $12.5M
TOP IMPORT POTENTIALChina+ $19.4M

Optical, photo, & film equipment; medical instruments’s highest export potential is Thailand. With an export gap of $12.5M.   Optical, photo, & film equipment; medical instruments’s highest import potential is China with an import gap of $19.4M.

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