2022
Exports | Imports
$597k | $22.2MWorld Rnk 95 / 215
Flag Rnk 181 / 648
World Rnk 115 / 224
Flag Rnk 78 / 1071
2022
ECONOMIC COMPLEXITY of Laos
-0.83Rnk 95 / 124
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.52Rnk 364 / 1025

About

Exports In 2022, Laos exported $597k in Electric Heaters, making it the 95th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 181st most exported product in Laos. The main destination of Electric Heaters exports from Laos are: Vietnam ($596k), Singapore ($1.2k), South Korea ($117), Thailand ($41), and Estonia ($31).

The fastest growing export markets for Electric Heaters of Laos between 2021 and 2022 were Singapore ($1.2k), South Korea ($94), and Estonia ($24).

Imports In 2022, Laos imported $22.2M in Electric Heaters, becoming the 115th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 78th most imported product in Laos. Laos imports Electric Heaters primarily from: Thailand ($14.5M), China ($6.72M), South Korea ($724k), Vietnam ($132k), and Malaysia ($72.8k).

The fastest growing import markets in Electric Heaters for Laos between 2021 and 2022 were China ($4.24M), South Korea ($16.7k), and France ($7.44k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Heaters from Laos to the United States.

Latest Trends

Feb 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 Electric Heaters. 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)$597k
IMPORTS (2022)$22.2M
NET TRADE (2022)-$21.6M

In 2022, Laos exported $597k in Electric Heaters. The main destinations of Laos exports on Electric Heaters were Vietnam ($596k), Singapore ($1.2k), South Korea ($117), Thailand ($41), and Estonia ($31).

In 2022, Laos imported $22.2M in Electric Heaters, mainly from Thailand ($14.5M), China ($6.72M), South Korea ($724k), Vietnam ($132k), and Malaysia ($72.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Laos WERE (2021 - 2022):
Singapore$1.2k (1%)
South Korea$94 (409%)
Estonia$24 (343%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Laos WERE (2021 - 2022):
Vietnam-$1.56M (-72.4%)
Thailand-$2.85k (-98.6%)
Australia-$720 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Laos's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Laos's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

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