Germany (DEU) and Laos (LAO) Trade | OEC - The Observatory of Economic Complexity

About

Germany-Laos In 2021, Germany exported $38.2M to Laos. The main products that Germany exported to Laos are Vaccines, blood, antisera, toxins and cultures ($7.41M), Beauty Products ($2.32M), and Cars ($1.97M). During the last 26 years the exports of Germany to Laos have increased at an annualized rate of 9.03%, from $4.04M in 1995 to $38.2M in 2021.

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

Laos-Germany In 2021, Laos exported $146M to Germany. The main products that Laos exported to Germany were Non-Knit Men's Suits ($47M), Coffee ($21.5M), and Knit Sweaters ($20M). During the last 26 years the exports of Laos to Germany have increased at an annualized rate of 8.25%, from $18.6M in 1995 to $146M in 2021.

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

Comparison In 2021, Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Laos ranked 95 in the Economic Complexity Index (ECI -0.7), and 101 in total exports ($9.22B).

Latest Trends

#

January, 2023

About

#

Overview In January 2023, Germany exported €2.08M and imported €13.3M from Laos, resulting in a negative trade balance of €11.2M. Between January 2022 and January 2023 the exports of Germany have increased by €622k (42.6%) from €1.46M to €2.08M, while imports increased by €2.63M (24.6%) from €10.7M to €13.3M.

Trade In January 2023, the top exports of Germany to Laos were Engines (excl. for tractor,aircraft, road vehicle) (€653k), Malt (€195k), Fish meal, meat meal and similar... (€138k), Meat and meat products (€71k), and Other prefabricated chemicals (€54k). In January 2023 the top imports of Germany from Laos were Apparel of silk, man-made fibres, excl.... (€4.38M), Footwear (€2.79M), Apparel of knitted, crocheted silk, man-made... (€1.59M), Apparel of knitted or crocheted fabrics... (€999k), and Apparel of cotton, excl. of knitted... (€558k).

Origins In January 2023 the exports of Germany were mainly from Baden-Württemberg (€454k), Bavaria (€323k), Hesse (€297k), North Rhine-Westphalia (€253k), and Lower Saxony (€160k), while imports destinations were mainly Hesse (€6.25M), Baden-Württemberg (€2.62M), Bavaria (€1.77M), Hamburg (€1.57M), and North Rhine-Westphalia (€596k).

Growth In January 2023, the increase in Germany's year-by-year exports to Laos was explained primarily by an increase in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€652k or 65.2k%), Machinery for food, beverage, tobacco production (€44k or 1.1k%), and Machinery for electricity production, distribution (€43k or 717%). In January 2023, the increase in Germany's year-by-year imports from Laos was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].

Latest Trade

#

Flow

Time Scale

Value

EXPORT GROWTH (January 2022 - January 2023): €622k, (42.6%)

IMPORT GROWTH (January 2022 - January 2023): €2.63M, (24.6%)

MAIN EXPORTER (January 2023): Baden-Württemberg, €454k

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

Go to Bulk Download

Historical Data

#

Bilateral Trade by Products

#

Depth

Value

Year

In 2021, Germany exported $38.2M to Laos. The main products exported from Germany to Laos were Vaccines, blood, antisera, toxins and cultures ($7.41M), Beauty Products ($2.32M), and Cars ($1.97M). During the last 26 years the exports of Germany to Laos have increased at an annualized rate of 9.03%, from $4.04M in 1995 to $38.2M in 2021.

In 2021, Laos exported $146M to Germany. The main products exported from Laos to Germany were Non-Knit Men's Suits ($47M), Coffee ($21.5M), and Knit Sweaters ($20M). During the last 26 years the exports of Laos to Germany have increased at an annualized rate of 8.25%, from $18.6M in 1995 to $146M in 2021.

Market Competitiveness

#

Color

SectionYear

Germany
Top Destination: United States, $135B

Laos
Top Destination: Thailand, $2.99B

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 2021, countries that imported more from Germany than Laos were United States ($135B), France ($119B), and China ($121B).

In 2021, countries that imported more from Laos than Germany were Bahrain ($28.4k) and North Korea ($10.5k).

Comparative Advantage Germany - Laos

#

Flow

Scale

Year

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

During 2021, Germany had a large net trade with Laos in the exports of Chemical Products ($13M), Machines ($11.7M), and Transportation ($2.7M).

During 2021, Laos had a large net trade with Germany in the exports of Textiles ($101M), Vegetable Products ($22M), and Footwear and Headwear ($15.5M).

Economic Complexity

#

Competitive Landscape

#

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Germany - Laos

Economic Complexity

Competitive Landscape

Related Profiles