Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Laos | Imports and Exports | World | Excavation Machinery | Value (US$) and Value Growth, YoY (%) | 2010 - 2021

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The value of exports of commodity group 8431 "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" from Laos totalled $ 274 thousand in 2021. Sales of commodity group 8431 from Laos decreased by 36% in value terms compared to 2020. exports of commodity group 8431 "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" decreased by $ 156 thousand (cumulative exports of commodity group 8431 from Laos amounted $431 thousand in 2020)

Exports of commodity group 8431 "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" amounted to 0.003% of total exports from Laos (cumulative merchandise exports from Laos totalled $ 7.16 billion in 2021). The share of commodity group 8431 in total exports from Laos decreased by 0.004 p.p. compared to 2020 (it was 0.008% in 2020 and cumulative exports from Laos were equal to $ 5.08 billion).

Exports of commodity group 8431 amounted to 3.04% of total sales of group "" from Laos in 2021 (the value of exports of commodity group from Laos amounted to $9.01 million in 2021). The share of exports of commodity group 8431 in sales of commodity group from Laos lowered by 0.81 p.p. compared to 2020 (it was 3.85% in 2020, and exports of commodity group from Laos were $11.1 million).

Where does Laos export Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30?

Top export destinations of "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" from Laos in 2021:

  • Thailand with a share of 74% (205 thousand US$)
  • Mali with a share of 20% (55 thousand US$)
  • Vietnam with a share of 4.51% (12.3 thousand US$)
  • Chile - 2 thousand US$
  • China - 360 US$

Exports structure of 8431 - Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30 - from Laos in 2021 represented by the following main commodity groups:

  • 74% (205 thousand US$): 843149 - Machinery; parts of machines handling earth, minerals or ores and n.e.s. in heading no. 8431
  • 20% (55 thousand US$): 843110 - Parts suit. for use solely/princ. with the mach. of 84.25
  • 4.51% (12.3 thousand US$): 843141 - Parts suit. for use solely/princ. with buckets, shovels, grabs & grips
  • 0.727% (2 thousand US$): 843143 - Parts suit. for use solely/princ. with the boring/sinking mach. of 8430.41/8430.49

The value of imports of commodity group 8431 "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" to Laos totalled $ 44 million in 2021. Sales of commodity group 8431 to Laos went up by 3.51% compared to 2020: imports of commodity group 8431 "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" went up by $ 1.5 million (the value of imports of commodity group 8431 to Laos was equal to $42 million in 2020)

Imports of commodity group 8431 "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30" accounted for 0.753% of total import flow to Laos (in 2021, total imports to Laos amounted to $ 5.87 billion). The share of commodity group 8431 in total imports to Laos decreased by 0.099 p.p. compared to 2020 (it was 0.852% in 2020 and cumulative imports to Laos were equal to $ 5.01 billion).

Imports of commodity group 8431 reached 9.03% of total imports of group "" to Laos in 2021 (imports of commodity group to Laos totalled $489 million in 2021). The share of purchases of commodity group 8431 in total imports of commodity group to Laos increased by 0.602 p.p. compared to 2020 (it was 8.43% in 2020, and imports of commodity group to Laos accounted for $507 million).

Where does Laos import Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30 from?

Top trading partners (import of "Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30") of Laos in 2021:

  • Thailand with a share of 56% (25 million US$)
  • China with a share of 18.7% (8.31 million US$)
  • Australia with a share of 9.51% (4.21 million US$)
  • Finland with a share of 3.58% (1.58 million US$)
  • Canada with a share of 1.87% (831 thousand US$)
  • Swaziland with a share of 1.82% (808 thousand US$)
  • Korea with a share of 1.4% (623 thousand US$)
  • USA with a share of 1.14% (505 thousand US$)
  • Indonesia - 410 thousand US$
  • Malaysia - 388 thousand US$

Imports structure of 8431 - Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30 - to Laos in 2021 represented by the following main commodity groups:

  • 69% (30 million US$): 843149 - Machinery; parts of machines handling earth, minerals or ores and n.e.s. in heading no. 8431
  • 23% (10.2 million US$): 843143 - Parts suit. for use solely/princ. with the boring/sinking mach. of 8430.41/8430.49
  • 4.08% (1.8 million US$): 843110 - Parts suit. for use solely/princ. with the mach. of 84.25
  • 2.31% (1.02 million US$): 843139 - Parts suit. for use solely/princ. with the mach. of 84.28 (excl. of 8431.31)
  • 1.07% (477 thousand US$): 843141 - Parts suit. for use solely/princ. with buckets, shovels, grabs & grips
  • 0.173% (76 thousand US$): 843120 - Parts suit. for use solely/princ. with the mach. of 84.27
  • 0.069% (30 thousand US$): 843131 - Parts suit. for use solely/princ. with the lifts/skip hoists/escalators of 84.28
  • 0.037% (16.5 thousand US$): 843142 - Parts suit. for use solely/princ. with buldozer/angledozer blades

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Laos | Imports and Exports | World | Excavation Machinery | Value (US$) and Value Growth, YoY (%) | 2010 - 2021