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2022
Exports $415kWorld Rnk 66 / 157
Flag Rnk 197 / 648
2022
Destination $308k China
2021 - 2022
FASTEST GROWING MARKET $308kChina
2022
PRODUCT COMPLEXITY IN Silicone1.72Rnk 20 / 1025
2022
Imports $515kWorld Rnk 125 / 215
Flag Rnk 580 / 1071
2022
Origin $72.8k China
2021 - 2022
FASTEST GROWING ORIGIN $72.8kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Laos-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $415k in Silicone, making it the 66th largest exporter of Silicone in the world. At the same year, Silicone was the 197th most exported product in Laos. The main destination of Silicone exports from Laos are: China ($414k) and Netherlands ($191).

The fastest growing export markets for Silicone of Laos between 2021 and 2022 were China ($308k) and Netherlands ($191).

Imports In 2022, Laos imported $515k in Silicone, becoming the 125th largest importer of Silicone in the world. At the same year, Silicone was the 580th most imported product in Laos. Laos imports Silicone primarily from: China ($300k), Thailand ($140k), United Kingdom ($72.8k), Austria ($1.58k), and Turkey ($300).

The fastest growing import markets in Silicone for Laos between 2021 and 2022 were United Kingdom ($72.8k) and Turkey ($300).

Latest Trends

Sep 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 Silicone. 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)$415k
IMPORTS (2022)$515k
NET TRADE (2022)-$101k

In 2022, Laos exported $415k in Silicone. The main destinations of Laos exports on Silicone were China ($414k) and Netherlands ($191).

In 2022, Laos imported $515k in Silicone, mainly from China ($300k), Thailand ($140k), United Kingdom ($72.8k), Austria ($1.58k), and Turkey ($300).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Laos WERE (2021 - 2022):
China$308k (288%)
Netherlands$191 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Laos WERE (2021 - 2022):Vietnam-$13.4k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Silicone were:
China $2.2B
Germany $2.07B
United States $1.55B
In 2022, Laos's main importing competitors in Silicone were:
United States $1.2B
China $1B
South Korea $600M

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $435k
TOP IMPORT POTENTIALChina+ $324k

Silicone’s highest export potential is China. With an export gap of $435k.   Silicone’s highest import potential is China with an import gap of $324k.

See methodology.

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