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Pricing

2022
Flag → Flag
Exports $6.51kRnk 195 / 206
2022
Flag → Flag
Top Product $3.86kOther Edible Preparations
2022
Flag → Flag
Exports $2.9kRnk 111 / 125
2022
Flag → Flag
Top Product $2.9kVideo Recording Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Bulgaria-Laos Trade: In 2022, Bulgaria exported $6.51k to Laos. The main products that Bulgaria exported to Laos were Other Edible Preparations ($3.86k) and Video Recording Equipment ($2.65k). Over the past 5 years the exports of Bulgaria to Laos have decreased at an annualized rate of 48%, from $171k in 2017 to $6.51k in 2022.

In 2022, Bulgaria did not export any services to Laos.

Laos-Bulgaria Trade: In 2022, Laos exported $2.9k to Bulgaria. The main products that Laos exported to Bulgaria were Video Recording Equipment ($2.9k). Over the past 5 years the exports of Laos to Bulgaria have decreased at an annualized rate of 66.3%,  from $665k in 2017 to $2.9k in 2022.

In 2022, Laos did not export any services to Bulgaria.

Comparison: In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $6.51k to Laos. The main products exported from Bulgaria to Laos were Other Edible Preparations ($3.86k) and Video Recording Equipment ($2.65k). During the last 5 years the exports of Bulgaria to Laos have decreased at an annualized rate of 48%, from $171k in 2017 to $6.51k in 2022.

In 2017, Laos exported $2.9k to Bulgaria. The main products exported from Laos to Bulgaria were Video Recording Equipment ($2.9k). During the last 5 years the exports of Laos to Bulgaria have decreased at an annualized rate of 66.3%, from $665k in 2022 to $2.9k in 2017.

Exports from Bulgaria (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and Laos (Flag)

Bulgaria Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Bulgaria than Laos included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2022, countries that imported more from Laos than Bulgaria included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

Difference in imports from Laos (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - Laos

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Laos in the exports of Foodstuffs ($3.86k) and Machines ($2.65k).

During 2017, Laos had a large net trade with Bulgaria in the exports of Machines ($2.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bulgaria Laos+$17.7kOther Edible Preparations
Top Product Potential Laos Bulgaria+$13.4kBroadcasting Equipment

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bulgaria and Laos. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Bulgaria.

Product Space of Bulgaria (Flag) and Laos (Flag) (2022)

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