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Pricing

2023
Flag → Flag
Exports $15.1kRnk 140 / 159
2023
Flag → Flag
Top Product $6.08kGlaziers Putty
2023
Flag → Flag
Exports $298kRnk 70 / 120
2023
Flag → Flag
Top Product $103kRubber Footwear
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Bosnia and Herzegovina-Laos Trade: In 2023, Bosnia and Herzegovina exported $15.1k to Laos. The main products that Bosnia and Herzegovina exported to Laos were Glaziers Putty ($6.08k), Aqueous Paints ($3.61k), and Glues ($2.47k). Over the past 7 years the exports of Bosnia and Herzegovina to Laos have decreased at an annualized rate of 3.74%, from $19.7k in 2016 to $15.1k in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Laos.

Laos-Bosnia and Herzegovina Trade: In 2023, Laos exported $298k to Bosnia and Herzegovina. The main products that Laos exported to Bosnia and Herzegovina were Rubber Footwear ($103k), Textile Footwear ($84.5k), and Leather Footwear ($77.7k). Over the past 7 years the exports of Laos to Bosnia and Herzegovina have increased at an annualized rate of 37.6%,  from $60.2k in 2016 to $298k in 2023.

In 2023, Laos did not export any services to Bosnia and Herzegovina.

Comparison: In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $15.1k to Laos. The main products exported from Bosnia and Herzegovina to Laos were Glaziers Putty ($6.08k), Aqueous Paints ($3.61k), and Glues ($2.47k). During the last 7 years the exports of Bosnia and Herzegovina to Laos have decreased at an annualized rate of 3.74%, from $19.7k in 2016 to $15.1k in 2023.

In 2018, Laos exported $298k to Bosnia and Herzegovina. The main products exported from Laos to Bosnia and Herzegovina were Rubber Footwear ($103k), Textile Footwear ($84.5k), and Leather Footwear ($77.7k). During the last 5 years the exports of Laos to Bosnia and Herzegovina have increased at an annualized rate of 37.6%, from $60.2k in 2023 to $298k in 2018.

Exports from Bosnia and Herzegovina (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Laos (Flag)

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Laos included Croatia ($1.39B), Germany ($1.48B), and Serbia ($1.18B).

In 2023, countries that imported more from Laos than Bosnia and Herzegovina included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

Difference in imports from Laos (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Laos

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Laos in the exports of Chemical Products ($13.7k) and Plastics and Rubbers ($1.4k).

During 2018, Laos had a large net trade with Bosnia and Herzegovina in the exports of Footwear and Headwear ($279k), Textiles ($16k), and Machines ($2.66k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Laos+$1.96kRefined Petroleum
Top Product Potential Laos Bosnia and Herzegovina+$91.8kLeather Footwear

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 Bosnia and Herzegovina and Laos. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Laos (Flag) (2023)

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