2021
Flag  
GDP
$801BCURRENT US$
Rnk 20 / 204
2011-2021
Flag
GDP GROWTH
11.8%CURRENT US$
Rnk 136 / 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 
$91,992CURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP PC GROWTH
1.67%CURRENT US$
Rnk 140 / 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

Switzerland-Laos In 2021, Switzerland exported $267M to Laos. The main products that Switzerland exported to Laos are Gold ($260M), Base Metal Watches ($3.95M), and Vitamins ($400k). During the last 26 years the exports of Switzerland to Laos have increased at an annualized rate of 29.8%, from $306k in 1995 to $267M in 2021.

In 2021, Switzerland did not export any services to Laos.

Laos-Switzerland In 2021, Laos exported $253M to Switzerland. The main products that Laos exported to Switzerland were Gold ($233M), Non-Knit Men's Suits ($5.81M), and Knit Sweaters ($4.03M). During the last 26 years the exports of Laos to Switzerland have increased at an annualized rate of 23.2%, from $1.12M in 1995 to $253M in 2021.

In 2021, Laos did not export any services to Switzerland.

Comparison In 2021,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.94), and 17 in total exports ($371B). 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

In 2021, Switzerland exported $267M to Laos. The main products exported from Switzerland to Laos were Gold ($260M), Base Metal Watches ($3.95M), and Vitamins ($400k). During the last 26 years the exports of Switzerland to Laos have increased at an annualized rate of 29.8%, from $306k in 1995 to $267M in 2021.

In 2021, Laos exported $253M to Switzerland. The main products exported from Laos to Switzerland were Gold ($233M), Non-Knit Men's Suits ($5.81M), and Knit Sweaters ($4.03M). During the last 26 years the exports of Laos to Switzerland have increased at an annualized rate of 23.2%, from $1.12M in 1995 to $253M in 2021.

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

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

Latest Data

Trade between Switzerland (Flag) and Laos (Flag)

Switzerland Exports

Laos Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$55.2B
Laos
Top Destination
Thailand$2.99B

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

In 2021, countries that imported more from Switzerland than Laos were Germany ($55.2B), United States ($51.1B), and India ($31.8B).

In 2021, countries that imported more from Laos than Switzerland were Vietnam ($1.24B), Cambodia ($133M), and North Korea ($10.5k).

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

Comparative Advantage Switzerland - Laos

Flow
Scale

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

During 2021, Switzerland had a large net trade with Laos in the exports of Precious Metals ($260M), Instruments ($4.43M), and Machines ($1.12M).

During 2021, Laos had a large net trade with Switzerland in the exports of Precious Metals ($233M), Textiles ($16.4M), and Footwear and Headwear ($2.23M).

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 Switzerland has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Switzerland.

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

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