2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

China-Laos Trade: In 2022, China exported $2.1B to Laos. The main products that China exported to Laos were Computers ($176M), Delivery Trucks ($64.1M), and Insulated Wire ($47.6M). Over the past 5 years the exports of China to Laos have increased at an annualized rate of 3.2%, from $1.8B in 2017 to $2.1B in 2022.

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

Laos-China Trade: In 2022, Laos exported $2.73B to China. The main products that Laos exported to China were Other Uncoated Paper ($444M), Rubber ($380M), and Copper Ore ($348M). Over the past 5 years the exports of Laos to China have increased at an annualized rate of 9.64%,  from $1.43B in 2017 to $2.73B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $2.1B to Laos. The main products exported from China to Laos were Computers ($176M), Delivery Trucks ($64.1M), and Insulated Wire ($47.6M). During the last 5 years the exports of China to Laos have increased at an annualized rate of 3.2%, from $1.8B in 2017 to $2.1B in 2022.

In 2017, Laos exported $2.73B to China. The main products exported from Laos to China were Other Uncoated Paper ($444M), Rubber ($380M), and Copper Ore ($348M). During the last 5 years the exports of Laos to China have increased at an annualized rate of 9.64%, from $1.43B in 2022 to $2.73B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Laos
Top Destination
N/AN/A

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.

N/A

N/A

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

Comparative Advantage China - Laos

Flow
Scale

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

During 2022, China had a large net trade with Laos in the exports of Machines ($854M), Metals ($272M), and Transportation ($240M).

During 2017, Laos had a large net trade with China in the exports of Paper Goods ($765M), Mineral Products ($602M), and Plastics and Rubbers ($444M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Laos+$103MComputers
Top Product Potential Laos China+$209MCopper Ore

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

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

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