2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Estonia-Laos Trade: In 2022, Estonia exported $6.59k to Laos. The main products that Estonia exported to Laos were Electrical Ignitions ($4.02k), Rubber Pipes ($969), and Padlocks ($700). Over the past 5 years the exports of Estonia to Laos have decreased at an annualized rate of 45.1%, from $132k in 2017 to $6.59k in 2022.

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

Laos-Estonia Trade: In 2022, Laos exported $336k to Estonia. The main products that Laos exported to Estonia were Non-Knit Men's Suits ($62.5k), Knit Men's Undergarments ($51.3k), and Leather Footwear ($38.6k). Over the past 5 years the exports of Laos to Estonia have increased at an annualized rate of 0.92%,  from $321k in 2017 to $336k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $6.59k to Laos. The main products exported from Estonia to Laos were Electrical Ignitions ($4.02k), Rubber Pipes ($969), and Padlocks ($700). During the last 5 years the exports of Estonia to Laos have decreased at an annualized rate of 45.1%, from $132k in 2017 to $6.59k in 2022.

In 2017, Laos exported $336k to Estonia. The main products exported from Laos to Estonia were Non-Knit Men's Suits ($62.5k), Knit Men's Undergarments ($51.3k), and Leather Footwear ($38.6k). During the last 5 years the exports of Laos to Estonia have increased at an annualized rate of 0.92%, from $321k in 2022 to $336k in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Laos (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Laos
Top Destination
Thailand$3.29B

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 2022, countries that imported more from Estonia than Laos included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Laos than Estonia included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

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 2022, Estonia had a large net trade with Laos in the exports of Machines ($4.12k), Plastics and Rubbers ($1.02k), and Metals ($801).

During 2017, Laos had a large net trade with Estonia in the exports of Textiles ($182k), Footwear and Headwear ($95.8k), and Chemical Products ($30.5k).

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) (2022)

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