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Pricing

2023
Flag → Flag
Exports $16.1MRnk 169 / 219
2023
Flag → Flag
Top Product $10.9MRecovered Paper
2023
Flag → Flag
Exports $13.3MRnk 31 / 120
2023
Flag → Flag
Top Product $4.91MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 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 $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Italy-Laos Trade: In 2023, Italy exported $16.1M to Laos. The main products that Italy exported to Laos were Recovered Paper ($10.9M), Heavy Mixed Woven Cotton ($1.66M), and Tanned Equine and Bovine Hides ($591k). Over the past 5 years the exports of Italy to Laos have increased at an annualized rate of 2.59%, from $14.2M in 2018 to $16.1M in 2023.

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

Laos-Italy Trade: In 2023, Laos exported $13.3M to Italy. The main products that Laos exported to Italy were Raw Sugar ($4.91M), Coffee ($2.55M), and Knit Men's Undergarments ($2.53M). Over the past 5 years the exports of Laos to Italy have decreased at an annualized rate of 9.44%,  from $21.9M in 2018 to $13.3M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Laos, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Laos were N/A. In N/A the top imports of Italy from Laos were .

Growth In N/A, the N/A in Italy's year-by-year exports to Laos was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Laos and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $16.1M to Laos. The main products exported from Italy to Laos were Recovered Paper ($10.9M), Heavy Mixed Woven Cotton ($1.66M), and Tanned Equine and Bovine Hides ($591k). During the last 5 years the exports of Italy to Laos have increased at an annualized rate of 2.59%, from $14.2M in 2018 to $16.1M in 2023.

In 2018, Laos exported $13.3M to Italy. The main products exported from Laos to Italy were Raw Sugar ($4.91M), Coffee ($2.55M), and Knit Men's Undergarments ($2.53M). During the last 5 years the exports of Laos to Italy have decreased at an annualized rate of 9.44%, from $21.9M in 2023 to $13.3M in 2018.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Italy than Laos included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Laos than Italy included Thailand ($2.99B) and Cambodia ($190M).

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

Comparative Advantage Italy - Laos

Flow
Scale

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

During 2023, Italy had a large net trade with Laos in the exports of Paper Goods ($10.9M), Textiles ($2.23M), and Foodstuffs ($990k).

During 2018, Laos had a large net trade with Italy in the exports of Foodstuffs ($4.91M), Textiles ($4.64M), and Vegetable Products ($3.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Laos+$733kLeather of Other Animals
Top Product Potential Laos Italy+$2.01MCoffee

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

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

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