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Pricing

2021
Flag → Flag
Exports $9.8kRnk 30 / 0
2021
Flag → Flag
Exports $415MRnk 27 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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 $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Iran-Laos Trade: In 2021, Iran exported $9.8k to Laos. The main products that Iran exported to Laos were N/A. Over the past 23 years the exports of Iran to Laos have decreased at an annualized rate of 1.92%, from $15.3k in 1998 to $9.8k in 2021.

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

Laos-Iran In N/A, Laos did not export any products to Iran.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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 2021, Iran exported $9.8k to Laos. There were not main exports from Iran to Laos in 2021. During the last 23 years the exports of Iran to Laos have decreased at an annualized rate of 1.92%, from $15.3k in 1998 to $9.8k in 2021.

Laos does not register exports to Iran.

Exports from Iran (Flag) to Laos (Flag) (2021)

Exports from Laos (Flag) to Iran (Flag) (2021)

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Iran than Laos included Turkey ($3.17B), China ($5.72B), and Kuwait ($960M).

In 2022, countries that imported more from Laos than Iran included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).

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

Comparative Advantage Iran - Laos

Flow
Scale

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

During 2021, Iran had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Laos+$2.92kRefined Petroleum
Top Product Potential Laos Iran+$4.53kTelephones

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

Product Space of Iran (Flag) and Laos (Flag) (2021)

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