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).
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:
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).
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: