Kuwait (KWT) and Laos (LAO) Trade | The Observatory of Economic Complexity

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In N/A, Kuwait did not export any services to Laos.

Laos-Kuwait Trade: In N/A, Laos exported $3.49M to Kuwait. The main products that Laos exported to Kuwait were Barium Sulphate ($2.73M), Leather Footwear ($187k), and Rubber Footwear ($186k). Over the past N/A years the exports of Laos to Kuwait have increased at an annualized rate of 52.2%, from $428k in N/A to $3.49M in N/A.

In N/A, Laos did not export any services to Kuwait.

Comparison: In 2023, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Kuwait does not register exports to Laos.

In 2018, Laos exported $3.49M to Kuwait. The main products exported from Laos to Kuwait were Barium Sulphate ($2.73M), Leather Footwear ($187k), and Rubber Footwear ($186k). During the last 5 years the exports of Laos to Kuwait have increased at an annualized rate of 52.2%, from $428k in 2023 to $3.49M in 2018.

Exports from Kuwait () to Laos () (2023)

Exports from Laos () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Laos ()

Kuwait Exports

Date

Oct 2017

Feb 2017

May 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Kuwait than Laos included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Laos than Kuwait included Thailand ($2.99B), Australia ($367M), and Cambodia ($190M).

Difference in imports from Laos () and Kuwait () (2023)

Comparative Advantage Kuwait - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Laos had a large net trade with Kuwait in the exports of Mineral Products ($2.73M), Footwear and Headwear ($598k), and Machines ($75.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Laos+$5.27kRefined Petroleum

Top Product Potential Laos Kuwait+$300kTelephones

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

Year

This visualization shows the product space at the HS4 level with the flags of Kuwait and Laos. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Kuwait.

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Laos () (2023)

Exports from Laos () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Laos ()

Kuwait Exports

Market Competitiveness

Difference in imports from Laos () and Kuwait () (2023)

Comparative Advantage Kuwait - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Laos () (2023)

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