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Pricing

2022
Flag → Flag
Exports $3.17MRnk 176 / 215
2022
Flag → Flag
Top Product $948kRecovered Paper
2022
Flag → Flag
Exports $30.1MRnk 24 / 125
2022
Flag → Flag
Top Product $6.83MHydrogen
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 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 $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Canada-Laos Trade: In 2022, Canada exported $3.17M to Laos. The main products that Canada exported to Laos were Recovered Paper ($948k), Scrap Iron ($463k), and Hydrogen ($389k). Over the past 5 years the exports of Canada to Laos have decreased at an annualized rate of 2.09%, from $3.52M in 2017 to $3.17M in 2022.

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

Laos-Canada Trade: In 2022, Laos exported $30.1M to Canada. The main products that Laos exported to Canada were Hydrogen ($6.83M), Video Recording Equipment ($3.58M), and Broadcasting Equipment ($2.91M). Over the past 5 years the exports of Laos to Canada have increased at an annualized rate of 4.02%,  from $24.7M in 2017 to $30.1M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$1.8M and imported C$2.17M from Laos, resulting in a negative trade balance of C$378k. Between August 2023 and August 2024 the exports of Canada have increased by C$1.19M (195%) from C$608k to C$1.8M, while imports decreased by C$-452k (-17.2%) from C$2.63M to C$2.17M.

Trade In August 2024, the top exports of Canada to Laos were Other Steel Bars (C$278k), Other Small Iron Pipes (C$90.1k), Ethylene Polymers (C$46.6k), Valves (C$14.5k), and Stone Processing Machines (C$7.84k). In August 2024 the top imports of Canada from Laos were Broadcasting Equipment (C$453k), Telephones (C$383k), Other Women's Undergarments (C$313k), Knitted Hats (C$278k), and Non-Knit Men's Shirts (C$183k).

Origins In August 2024 the exports of Canada were mainly from Alberta (C$1.78M), Quebec (C$9.31k), British Columbia (C$2.43k), Ontario (C$2.09k), and Manitoba (C$1.39k), while imports destinations were mainly Ontario (C$1.66M), British Columbia (C$252k), Quebec (C$186k), Nova Scotia (C$51.4k), and Alberta (C$27.8k).

Growth In August 2024, the increase in Canada's year-by-year exports to Laos was explained primarily by an increase in product exports in Ethylene Polymers (C$41.6k or 820%) and Surveying Equipment (C$87 or 4.12%). In August 2024, the decrease in Canada's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in Telephones (C$-221k or -36.6%), Broadcasting Equipment (C$-101k or -18.3%), and Other Footwear (C$-9.2k or -81.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$1.19M(195%)
IMPORT GROWTH (August 2023 - August 2024)C$-452k(-17.2%)
MAIN EXPORTER (August 2024)AlbertaC$1.78M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Laos and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $3.17M to Laos. The main products exported from Canada to Laos were Recovered Paper ($948k), Scrap Iron ($463k), and Hydrogen ($389k). During the last 5 years the exports of Canada to Laos have decreased at an annualized rate of 2.09%, from $3.52M in 2017 to $3.17M in 2022.

In 2017, Laos exported $30.1M to Canada. The main products exported from Laos to Canada were Hydrogen ($6.83M), Video Recording Equipment ($3.58M), and Broadcasting Equipment ($2.91M). During the last 5 years the exports of Laos to Canada have increased at an annualized rate of 4.02%, from $24.7M in 2022 to $30.1M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Canada than Laos included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Laos than Canada included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Comparative Advantage Canada - Laos

Flow
Scale

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

During 2022, Canada had a large net trade with Laos in the exports of Paper Goods ($950k), Metals ($820k), and Chemical Products ($465k).

During 2017, Laos had a large net trade with Canada in the exports of Machines ($9.73M), Textiles ($9.17M), and Chemical Products ($6.83M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Laos+$389kEthylene Polymers
Top Product Potential Laos Canada+$6.65MTelephones

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

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

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