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Pricing

2022
Flag → Flag
Exports $2.98MRnk 174 / 218
2022
Flag → Flag
Top Product $1.1MRefrigerators
2022
Flag → Flag
Exports $68.5MRnk 13 / 125
2022
Flag → Flag
Top Product $42.9MNon-Knit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Denmark-Laos Trade: In 2022, Denmark exported $2.98M to Laos. The main products that Denmark exported to Laos were Refrigerators ($1.1M), Dairy Machinery ($798k), and Semiconductor Devices ($222k). Over the past 5 years the exports of Denmark to Laos have increased at an annualized rate of 11%, from $1.77M in 2017 to $2.98M in 2022.

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

Laos-Denmark Trade: In 2022, Laos exported $68.5M to Denmark. The main products that Laos exported to Denmark were Non-Knit Men's Suits ($42.9M), Non-Knit Men's Coats ($13M), and Non-Knit Men's Shirts ($3.49M). Over the past 5 years the exports of Laos to Denmark have increased at an annualized rate of 27.8%,  from $20.1M in 2017 to $68.5M in 2022.

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

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Latest Data

Trade between Denmark (Flag) and Laos (Flag)

Denmark Exports

Laos Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Denmark than Laos included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Laos than Denmark included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Denmark Laos+$272kTelephones
Top Product Potential Laos Denmark+$1.34MKnit Sweaters

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

Product Space of Denmark (Flag) and Laos (Flag) (NaN)

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