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Pricing

2023
Flag → Flag
Exports $2.14kRnk 188 / 192
2023
Flag → Flag
Top Product $1.64kCentrifuges
2023
Flag → Flag
Exports $640kRnk 64 / 120
2023
Flag → Flag
Top Product $177kNon-Knit Men's Suits
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Estonia-Laos Trade: In 2023, Estonia exported $2.14k to Laos. The main products that Estonia exported to Laos were Centrifuges ($1.64k), Transmissions ($422), and Motor vehicles; parts and accessories (8701 to 8705) ($77). Over the past 5 years the exports of Estonia to Laos have decreased at an annualized rate of 51.2%, from $77.4k in 2018 to $2.14k in 2023.

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

Laos-Estonia Trade: In 2023, Laos exported $640k to Estonia. The main products that Laos exported to Estonia were Non-Knit Men's Suits ($177k), Non-Knit Men's Coats ($126k), and Leather Footwear ($71.1k). Over the past 5 years the exports of Laos to Estonia have increased at an annualized rate of 37.4%,  from $131k in 2018 to $640k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $2.14k to Laos. The main products exported from Estonia to Laos were Centrifuges ($1.64k), Transmissions ($422), and Motor vehicles; parts and accessories (8701 to 8705) ($77). During the last 5 years the exports of Estonia to Laos have decreased at an annualized rate of 51.2%, from $77.4k in 2018 to $2.14k in 2023.

In 2018, Laos exported $640k to Estonia. The main products exported from Laos to Estonia were Non-Knit Men's Suits ($177k), Non-Knit Men's Coats ($126k), and Leather Footwear ($71.1k). During the last 5 years the exports of Laos to Estonia have increased at an annualized rate of 37.4%, from $131k in 2023 to $640k in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Laos (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Estonia than Laos included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Laos than Estonia included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

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

Comparative Advantage Estonia - Laos

Flow
Scale

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

During 2023, Estonia had a large net trade with Laos in the exports of Machines ($2.06k) and Transportation ($77).

During 2018, Laos had a large net trade with Estonia in the exports of Textiles ($487k), Footwear and Headwear ($137k), and Plastics and Rubbers ($11.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Laos. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Estonia.

Product Space of Estonia (Flag) and Laos (Flag) (2023)

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