2022
Exports
$12.8kWorld Rnk 196 / 224
Flag Rnk 379 / 648
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$30.2MWorld Rnk 114 / 224
Flag Rnk 58 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.79Rnk 100 / 133

About

Exports In 2022, Laos exported $12.8k in Valves, making it the 196th largest exporter of Valves in the world. At the same year, Valves was the 379th most exported product in Laos. The main destination of Valves exports from Laos are: Thailand ($6.64k), Malaysia ($4.19k), Australia ($1.75k), Turkey ($146), and Canada ($43).

The fastest growing export markets for Valves of Laos between 2021 and 2022 were Thailand ($5.11k), Malaysia ($4.19k), and Australia ($1.75k).

Imports In 2022, Laos imported $30.2M in Valves, becoming the 114th largest importer of Valves in the world. At the same year, Valves was the 58th most imported product in Laos. Laos imports Valves primarily from: China ($17.2M), Thailand ($7.94M), Australia ($2.02M), United States ($851k), and Germany ($518k).

The fastest growing import markets in Valves for Laos between 2021 and 2022 were China ($10.5M), Czechia ($161k), and France ($75.4k).

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 Valves. 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)$12.8k
IMPORTS (2022)$30.2M
NET TRADE (2022)-$30.2M

In 2022, Laos exported $12.8k in Valves. The main destinations of Laos exports on Valves were Thailand ($6.64k), Malaysia ($4.19k), Australia ($1.75k), Turkey ($146), and Canada ($43).

In 2022, Laos imported $30.2M in Valves, mainly from China ($17.2M), Thailand ($7.94M), Australia ($2.02M), United States ($851k), and Germany ($518k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Thailand$5.11k (334%)
Malaysia$4.19k (1%)
Australia$1.75k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Laos WERE (2021 - 2022):
United States-$27k (-100%)
Angola-$4.78k (-100%)
Canada-$2.34k (-98.2%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Valves were:
In 2022, Laos's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $19.2k
TOP IMPORT POTENTIALChina+ $12.7M

Valves’s highest export potential is Thailand. With an export gap of $19.2k.   Valves’s highest import potential is China with an import gap of $12.7M.

See methodology.

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