2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC 
$2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

Laos-Brunei Trade: In 2023, Laos exported $5.14k to Brunei. The main products that Laos exported to Brunei were Knit Men's Shirts ($4.02k), Rice ($719), and Leather Footwear ($200). Over the past 5 years the exports of Laos to Brunei have increased at an annualized rate of 48.9%, from $701 in 2018 to $5.14k in 2023.

In 2023, Laos did not export any services to Brunei.

Brunei-Laos Trade: In 2023, Brunei exported $38 to Laos. The main products that Brunei exported to Laos were Non-Knit Babies' Garments ($15), Knit Sweaters ($7), and Other Knit Clothing Accessories ($7). Over the past 5 years the exports of Brunei to Laos have decreased at an annualized rate of 71.9%,  from $21.7k in 2018 to $38 in 2023.

In 2023, Brunei did not export any services to Laos.

Comparison In 2023,  Laos ranked 107 in the Economic Complexity Index (ECI -0.89),  and 108 in total exports ($8.7B). That same year, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $5.14k to Brunei. The main products exported from Laos to Brunei were Knit Men's Shirts ($4.02k), Rice ($719), and Leather Footwear ($200). During the last 5 years the exports of Laos to Brunei have increased at an annualized rate of 48.9%, from $701 in 2018 to $5.14k in 2023.

In 2018, Brunei exported $38 to Laos. The main products exported from Brunei to Laos were Non-Knit Babies' Garments ($15), Knit Sweaters ($7), and Other Knit Clothing Accessories ($7). During the last 5 years the exports of Brunei to Laos have decreased at an annualized rate of 71.9%, from $21.7k in 2023 to $38 in 2018.

Exports from Laos (Flag) to Brunei (Flag) (2023)

Exports from Brunei (Flag) to Laos (Flag) (2023)

Latest Data

Trade between Laos (Flag) and Brunei (Flag)

Brunei Exports

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from Laos than Brunei included Thailand ($2.99B), China ($3.41B), and Germany ($188M).

In 2023, countries that imported more from Brunei than Laos included Australia ($2.25B), Japan ($1.86B), and Singapore ($1.72B).

Difference in imports from Brunei (Flag) and Laos (Flag) (2023)

Comparative Advantage Laos - Brunei

Flow
Scale

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

During 2023, Laos had a large net trade with Brunei in the exports of Textiles ($4.09k), Vegetable Products ($745), and Footwear and Headwear ($300).

During 2018, Brunei had a large net trade with Laos in the exports of Textiles ($36) and Machines ($2).

Economic Complexity

Competitive Landscape

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

Product Space of Laos (Flag) and Brunei (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with