2021
Flag  
GDP
$1.55TCURRENT US$
Rnk 13 / 204
2011-2021
Flag
GDP GROWTH
11%CURRENT US$
Rnk 141 / 204
2021
Flag
 GDP
$18.8BCURRENT US$
Rnk 117 / 204
2011-2021
Flag
GDP GROWTH
115%CURRENT US$
Rnk 11 / 204
2021
Flag
GDP PC 
$60,445CURRENT US$
Rnk 17 / 204
2011-2021
Flag
GDP PC GROWTH
-3.44%CURRENT US$
Rnk 157 / 204
2021
Flag
GDP PC
$2,536CURRENT US$
Rnk 154 / 204
2011-2021
Flag
GDP PC GROWTH
85.9%CURRENT US$
Rnk 12 / 204

About

In N/A, Australia did not export any services to Laos.

Laos-Australia In N/A, Laos exported $693M to Australia. The main products that Laos exported to Australia were Gold ($662M), Other Electrical Machinery ($9.92M), and Leather Footwear ($4.2M). During the last N/A years the exports of Laos to Australia have increased at an annualized rate of 40.2%, from $106k in N/A to $693M in N/A.

In N/A, Laos did not export any services to Australia.

Comparison In 2021,  Australia ranked 82 in the Economic Complexity Index (ECI -0.41), and 20 in total exports ($343B). That same year, Laos ranked 95 in the Economic Complexity Index (ECI -0.7), and 101 in total exports ($9.22B).

Historical Data

Bilateral Trade by Products

Depth
Value

Australia does not register exports to Laos. The main products exported from Australia to Laos were Coal Briquettes ($29.7M), Liquid Pumps ($4.11M), and Other Cast Iron Products ($3.23M).

In 2021, Laos exported $693M to Australia. The main products exported from Laos to Australia were Gold ($662M), Other Electrical Machinery ($9.92M), and Leather Footwear ($4.2M). During the last 26 years the exports of Laos to Australia have increased at an annualized rate of 40.2%, from $106k in 1995 to $693M in 2021.

Exports from Australia (Flag) to Laos (Flag) (2021)

Exports from Laos (Flag) to Australia (Flag) (2021)

Latest Data

Trade between Australia (Flag) and Laos (Flag)

Australia Exports

Laos Exports

Market Competitiveness

Color
Australia
Top Destination
China$138B
Laos
Top Destination
Thailand$2.99B

This map shows whether countries import more from Australia or Laos. Each country is colored based on the difference in imports they receive from Australia and Laos or the difference in the growth in imports.

In 2021, countries that imported more from Australia than Laos were China ($138B), Japan ($47B), and South Korea ($29.4B).

In 2021, countries that imported more from Laos than Australia were Cambodia ($133M), Aruba ($160k), and Belize ($462k).

Difference in imports from Laos (Flag) and Australia (Flag) (2021)

Comparative Advantage Australia - Laos

Flow
Scale

This chart compares trade between Australia and Laos by product, considering products traded by both, Australia and Laos.

During 2021, Laos had a large net trade with Australia in the exports of Precious Metals ($665M), Machines ($18.3M), and Footwear and Headwear ($4.65M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Australia.

Product Space of Australia (Flag) and Laos (Flag) (2021)

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