Laos (LAO) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Laos-Bolivia Trade: In 2022, Laos exported $118k to Bolivia. The main products that Laos exported to Bolivia were Video Recording Equipment ($34.8k), Video Displays ($31.5k), and Office Machine Parts ($23.6k). Over the past 5 years the exports of Laos to Bolivia have increased at an annualized rate of 62.8%, from $10.3k in 2017 to $118k in 2022.

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

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

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $118k to Bolivia. The main products exported from Laos to Bolivia were Video Recording Equipment ($34.8k), Video Displays ($31.5k), and Office Machine Parts ($23.6k). During the last 5 years the exports of Laos to Bolivia have increased at an annualized rate of 62.8%, from $10.3k in 2017 to $118k in 2022.

Bolivia does not register exports to Laos.

Exports from Laos () to Bolivia () (2022)

Exports from Bolivia () to Laos () (2022)

Latest Data

Trade between Laos () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Bolivia
Top DestinationIndia$2.27B

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

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

In 2022, countries that imported more from Bolivia than Laos included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia () and Laos () (2022)

Comparative Advantage Laos - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Bolivia in the exports of Machines ($90.8k), Instruments ($19.4k), and Footwear and Headwear ($6.08k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Bolivia+$91.2kTelephones

Top Product Potential Bolivia Laos+$3.43kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Bolivia () (2022)

Exports from Bolivia () to Laos () (2022)

Latest Data

Trade between Laos () and Bolivia ()

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Laos () (2022)

Comparative Advantage Laos - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Bolivia () (2022)

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