Flag Germany / Laos Flag

2021
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Exports
: $38.2M, Rnk 156 / 221

2021
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Top Product
: $7.41M, Vaccines, blood, antisera, toxins and cultures

2021
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Exports
: $146M, Rnk 8 / 135

2021
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Top Product
: $47M, Non-Knit Men's Suits

2021
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Economic Complexity (ECI)
: ECI 1.81, Rnk 5 / 131

2021
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Economic Complexity (ECI)
: ECI -0.7, Rnk 95 / 131

2021
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GDP
: $4.22T, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 119 / 182

2021
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 GDP
: $18.8B, CURRENT US$
Rnk 112 / 182

2011-2021
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GDP GROWTH
: 115%, CURRENT US$
Rnk 9 / 182

2021
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GDP PC 
: $50,802, CURRENT US$
Rnk 19 / 182

2011-2021
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GDP PC GROWTH
: 8.77%, CURRENT US$
Rnk 108 / 182

2021
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GDP PC
: $2,551, CURRENT US$
Rnk 132 / 182

2011-2021
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GDP PC GROWTH
: 85.1%, CURRENT US$
Rnk 10 / 182

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).

Historical Data

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Bilateral Trade by Products

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Depth
Value

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

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Color

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

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Flow
Scale

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

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Competitive Landscape

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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.