Flag China / Laos Flag

Exports Flag β†’ Flag  (2018): $1.39B, Rnk 104 / 206

Top Product Flag β†’ Flag (2018): $117M, Broadcasting Equipment

Exports Flag β†’ Flag (2018): $1.61B, Rnk 2 / 99

Top Product Flag β†’ Flag (2018): $577M, Copper Ore

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI -1.16, Rnk 116 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $18B, CURRENT US$
Rnk 117 / 196

GDP GROWTH Flag (2008-2018): 230%, CURRENT US$
Rnk 2 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $2,542, CURRENT US$
Rnk 143 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 2 / 196

China-Laos: In 2018, China exported $1.39B to Laos. The main products exported from China to Laos were Broadcasting Equipment ($117M), Iron Structures ($65.2M), and Other Steel Bars ($64.4M). During the last 23 years the exports of China to Laos have increased at an annualized rate of 15.9%, from $47.3M in 1995 to $1.39B in 2018.

Laos-China: In 2018, Laos exported $1.61B to China. The main products exported from Laos to China were Copper Ore ($577M), Rubber ($167M), and Rough Wood ($134M). During the last 23 years the exports of Laos to China have increased at an annualized rate of 27.3%, from $6.21M in 1995 to $1.61B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Laos ranked 116 in the Economic Complexity Index (ECI -1.16), and 112 in total exports ($5.09B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Laos was ranked 143 with a GDP Per Capita of $2,542.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $1.39B to Laos. The main products exported from China to Laos were Broadcasting Equipment ($117M), Iron Structures ($65.2M), and Other Steel Bars ($64.4M). During the last 23 years the exports of China to Laos have increased at an annualized rate of 15.9%, from $47.3M in 1995 to $1.39B in 2018.

In 2018, Laos exported $1.61B to China. The main products exported from Laos to China were Copper Ore ($577M), Rubber ($167M), and Rough Wood ($134M). During the last 23 years the exports of Laos to China have increased at an annualized rate of 27.3%, from $6.21M in 1995 to $1.61B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Laos
Top Destination
: Thailand, $2.6B

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

In 2018, countries that imported more from China than Laos were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, no countries were registered that imported more from Laos than from China.

Comparative Advantage China - Laos

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Depth

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

During 2018, China had a large net trade with Laos in the exports of Machines ($606M), Metals ($304M), and Chemical Products ($97.7M).

During 2018, Laos had a large net trade with China in the exports of Mineral Products ($627M), Wood Products ($217M), and Plastics and Rubbers ($181M).

Tariff Section

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This sections shows import tariffs for products traded between China and Laos (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Laos were Maize except seed corn (50%) and Wheat or meslin flour (50%).

In 2018, the products from Laos that paid the highest import tariffs to enter China were Manioc (cassava), fresh or dried (40%) and Sweet potatoes, fresh or dried (40%).

Explore Tariff Data

*The tariffs present between China and Laos are:
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
125: General duty rate
136: Most Favoured Nation duty rate treatement
252: Preferential tariff for Lao PDR
343: Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement)

Trade Forecasts

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This section shows a forecast for total trade between China and Laos. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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