2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
54.3%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$2,088CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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About

Japan-Laos Trade: In 2022, Japan exported $154M to Laos. The main products that Japan exported to Laos were Cars ($21.7M), Large Construction Vehicles ($12.9M), and Float Glass ($8.15M). Over the past 5 years the exports of Japan to Laos have increased at an annualized rate of 41.8%, from $26.8M in 2017 to $154M in 2022.

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

Laos-Japan Trade: In 2022, Laos exported $147M to Japan. The main products that Laos exported to Japan were Hydrogen ($25.3M), Insulated Wire ($23.3M), and Coffee ($16.9M). Over the past 5 years the exports of Laos to Japan have increased at an annualized rate of 41.4%,  from $26M in 2017 to $147M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $154M to Laos. The main products exported from Japan to Laos were Cars ($21.7M), Large Construction Vehicles ($12.9M), and Float Glass ($8.15M). During the last 5 years the exports of Japan to Laos have increased at an annualized rate of 41.8%, from $26.8M in 2017 to $154M in 2022.

In 2017, Laos exported $147M to Japan. The main products exported from Laos to Japan were Hydrogen ($25.3M), Insulated Wire ($23.3M), and Coffee ($16.9M). During the last 22 years the exports of Laos to Japan have increased at an annualized rate of 41.4%, from $26M in 1995 to $147M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Laos
Top Destination
Thailand$3.29B

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

In 2022, countries that imported more from Japan than Laos included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, no countries were registered that imported more from Laos than from Japan.

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

Comparative Advantage Japan - Laos

Flow
Scale

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

During 2022, Japan had a large net trade with Laos in the exports of Transportation ($31.9M), Machines ($24.6M), and Textiles ($9.09M).

During 2017, Laos had a large net trade with Japan in the exports of Chemical Products ($46.5M), Textiles ($34.8M), and Machines ($27.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Laos+$17.7MCars
Top Product Potential Laos Japan+$7.92MNon-Knit Men's Suits

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

Product Space of Japan (Flag) and Laos (Flag) (2022)

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