2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
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GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

China-Laos Trade: In 2023, China exported $2.9B to Laos. The main products that China exported to Laos were Machinery Having Individual Functions ($150M), Delivery Trucks ($132M), and Insulated Wire ($92.9M). Over the past 5 years the exports of China to Laos have increased at an annualized rate of 12.9%, from $1.58B in 2018 to $2.9B in 2023.

In 2023, China did not export any services to Laos.

Laos-China Trade: In 2023, Laos exported $3.41B to China. The main products that Laos exported to China were Potassic Fertilizers ($630M), Other Uncoated Paper ($453M), and Copper Ore ($408M). Over the past 5 years the exports of Laos to China have increased at an annualized rate of 14.9%,  from $1.7B in 2018 to $3.41B in 2023.

In 2023, Laos did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). 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, China exported $2.9B to Laos. The main products exported from China to Laos were Machinery Having Individual Functions ($150M), Delivery Trucks ($132M), and Insulated Wire ($92.9M). During the last 5 years the exports of China to Laos have increased at an annualized rate of 31.1%, from $6.1k in 2018 to $2.9B in 2023.

In 2018, Laos exported $3.41B to China. The main products exported from Laos to China were Potassic Fertilizers ($630M), Other Uncoated Paper ($453M), and Copper Ore ($408M). During the last 5 years the exports of Laos to China have increased at an annualized rate of 27.7%, from $66 in 2022 to $3.41B in 2018.

Exports from China (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Laos
Top Destination
China$3.41B

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 2023, countries that imported more from China than Laos included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Laos than from China.

Difference in imports from Laos (Flag) and China (Flag) (2023)

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 2023, China had a large net trade with Laos in the exports of Machines ($1.13B), Metals ($482M), and Transportation ($407M).

During 2018, Laos had a large net trade with China in the exports of Mineral Products ($876M), Chemical Products ($764M), and Paper Goods ($756M).

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) (2023)

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