2021
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GDP
$5.01TCURRENT US$
Rnk 3 / 204
2011-2021
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GDP GROWTH
-19.7%CURRENT US$
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2021
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 GDP
$18.8BCURRENT US$
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2011-2021
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GDP GROWTH
115%CURRENT US$
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2021
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GDP PC 
$39,827CURRENT US$
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2011-2021
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GDP PC GROWTH
-18.3%CURRENT US$
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2021
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GDP PC
$2,536CURRENT US$
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2011-2021
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GDP PC GROWTH
85.9%CURRENT US$
Rnk 12 / 204

About

Japan-Laos In 2021, Japan exported $169M to Laos. The main products that Japan exported to Laos are Cars ($27.4M), Large Construction Vehicles ($18.8M), and Machinery Having Individual Functions ($9.37M). During the last 26 years the exports of Japan to Laos have increased at an annualized rate of 7.34%, from $26.8M in 1995 to $169M in 2021.

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

Laos-Japan In 2021, Laos exported $126M to Japan. The main products that Laos exported to Japan were Insulated Wire ($17.3M), Leather Footwear ($12.1M), and Coffee ($10.4M). During the last 26 years the exports of Laos to Japan have increased at an annualized rate of 6.29%, from $25.8M in 1995 to $126M in 2021.

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

Comparison In 2021,  Japan ranked 1 in the Economic Complexity Index (ECI 2.06), and 4 in total exports ($731B). That same year, Laos ranked 95 in the Economic Complexity Index (ECI -0.7), and 101 in total exports ($9.22B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Japan exported $169M to Laos. The main products exported from Japan to Laos were Cars ($27.4M), Large Construction Vehicles ($18.8M), and Machinery Having Individual Functions ($9.37M). During the last 26 years the exports of Japan to Laos have increased at an annualized rate of 7.34%, from $26.8M in 1995 to $169M in 2021.

In 2021, Laos exported $126M to Japan. The main products exported from Laos to Japan were Insulated Wire ($17.3M), Leather Footwear ($12.1M), and Coffee ($10.4M). During the last 26 years the exports of Laos to Japan have increased at an annualized rate of 6.29%, from $25.8M in 1995 to $126M in 2021.

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

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

Market Competitiveness

Color
Japan
Top Destination
China$153B
Laos
Top Destination
Thailand$2.99B

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 2021, countries that imported more from Japan than Laos were China ($153B), United States ($128B), and Chinese Taipei ($52.5B).

In 2021, countries that imported more from Laos than Japan were Aruba ($160k) and North Korea ($10.5k).

Difference in imports from Laos (Flag) and Japan (Flag) (2021)

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 2021, Japan had a large net trade with Laos in the exports of Machines ($53.4M), Transportation ($39.5M), and Stone And Glass ($17.5M).

During 2021, Laos had a large net trade with Japan in the exports of Textiles ($29.5M), Machines ($26.2M), and Footwear and Headwear ($25M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Japan.

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

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