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2019
Flag → Flag
Exports $6.33kRnk 146 / 0
2019
Flag → Flag
Exports $5.5kRnk 15 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Laos-Benin Trade: In 2019, Laos exported $6.33k to Benin. The main products that Laos exported to Benin were N/A. Over the past 12 years the exports of Laos to Benin have decreased at an annualized rate of 13.2%, from $34.7k in 2007 to $6.33k in 2019.

In 2019, Laos did not export any services to Benin.

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

In 2019, Benin did not export any services to Laos.

Comparison: In 2022,  Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Laos exported $6.33k to Benin. There were not main exports from Laos to Benin in 2019. During the last 12 years the exports of Laos to Benin have decreased at an annualized rate of 13.2%, from $34.7k in 2007 to $6.33k in 2019.

Benin does not register exports to Laos.

Exports from Laos (Flag) to Benin (Flag) (2019)

Exports from Benin (Flag) to Laos (Flag) (2019)

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Laos than Benin included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2022, countries that imported more from Benin than Laos included Bangladesh ($406M), India ($448M), and United Arab Emirates ($382M).

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

Comparative Advantage Laos - Benin

Flow
Scale

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

During 2019, Laos had a large net trade with Benin in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Benin+$2.68kElectricity
Top Product Potential Benin Laos+$2.7kGold

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

Product Space of Laos (Flag) and Benin (Flag) (2019)

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