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Pricing

2022
Flag → Flag
Exports $37.9MRnk 157 / 223
2022
Flag → Flag
Top Product $5.84MElectric Generating Sets
2022
Flag → Flag
Exports $186MRnk 7 / 125
2022
Flag → Flag
Top Product $69.8MNon-Knit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Germany-Laos Trade: In 2022, Germany exported $37.9M to Laos. The main products that Germany exported to Laos were Electric Generating Sets ($5.84M), Vaccines, blood, antisera, toxins and cultures ($4.03M), and Cars ($2.92M). Over the past 5 years the exports of Germany to Laos have decreased at an annualized rate of 1.54%, from $40.9M in 2017 to $37.9M in 2022.

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

Laos-Germany Trade: In 2022, Laos exported $186M to Germany. The main products that Laos exported to Germany were Non-Knit Men's Suits ($69.8M), Knit Sweaters ($17.9M), and Coffee ($14.8M). Over the past 5 years the exports of Laos to Germany have increased at an annualized rate of 16.7%,  from $85.9M in 2017 to $186M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported €2.69M and imported €22.5M from Laos, resulting in a negative trade balance of €19.8M. Between August 2023 and August 2024 the exports of Germany have decreased by €-713k (-21%) from €3.4M to €2.69M, while imports increased by €7.06M (45.6%) from €15.5M to €22.5M.

Trade In August 2024, the top exports of Germany to Laos were Other electric machinery, apparatus and appliances (€367k), Perfumes and toilet preparations (€289k), Hop (€252k), Other machinery (€165k), and Fish meal, meat meal and similar... (€154k). In August 2024 the top imports of Germany from Laos were Apparel of silk, man-made fibres, excl.... (€6.32M), Apparel of knitted, crocheted silk, man-made... (€3.12M), Footwear (€1.16M), Apparel of knitted or crocheted fabrics... (€1.15M), and Telecommunication devices and apparatus (€742k).

Origins In August 2024 the exports of Germany were mainly from Hesse (€626k), North Rhine-Westphalia (€580k), Hamburg (€493k), Baden-Württemberg (€276k), and Lower Saxony (€155k), while imports destinations were mainly North Rhine-Westphalia (€6.27M), Hamburg (€3.17M), Bremen (€3.05M), Baden-Württemberg (€3.04M), and Hesse (€3M).

Growth In August 2024, the decrease in Germany's year-by-year exports to Laos was explained primarily by an decrease in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€-646k or -98.9%), Malt (€-156k or -80%), and Other prefabricated chemicals (€-52k or -96.3%). In August 2024, the increase in Germany's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Apparel of silk, man-made fibres, excl.... (€1.94M or 44.2%), Apparel of knitted, crocheted silk, man-made... (€1.53M or 95.9%), and Telecommunication devices and apparatus (€704k or 1.85k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-713k(-21%)
IMPORT GROWTH (August 2023 - August 2024)€7.06M(45.6%)
MAIN EXPORTER (August 2024)Hesse€626k

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

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

For full datasets download visit Bulk Download page.

Explore Laos and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $37.9M to Laos. The main products exported from Germany to Laos were Electric Generating Sets ($5.84M), Vaccines, blood, antisera, toxins and cultures ($4.03M), and Cars ($2.92M). During the last 5 years the exports of Germany to Laos have decreased at an annualized rate of 1.54%, from $40.9M in 2017 to $37.9M in 2022.

In 2017, Laos exported $186M to Germany. The main products exported from Laos to Germany were Non-Knit Men's Suits ($69.8M), Knit Sweaters ($17.9M), and Coffee ($14.8M). During the last 5 years the exports of Laos to Germany have increased at an annualized rate of 16.7%, from $85.9M in 2022 to $186M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Germany than Laos included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Laos than Germany included Cambodia ($207M).

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

Comparative Advantage Germany - Laos

Flow
Scale

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

During 2022, Germany had a large net trade with Laos in the exports of Machines ($15.1M), Chemical Products ($8.42M), and Foodstuffs ($3.96M).

During 2017, Laos had a large net trade with Germany in the exports of Textiles ($134M), Footwear and Headwear ($24.9M), and Vegetable Products ($15.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Laos+$6.75MCars
Top Product Potential Laos Germany+$9.22MTelephones

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

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

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