Laos (LAO) and Chile (CHL) Trade | The Observatory of Economic Complexity

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Laos-Chile Trade: In 2023, Laos exported $1.03M to Chile. The main products that Laos exported to Chile were Knit T-shirts ($282k), Knit Men's Undergarments ($200k), and Buses ($165k). Over the past 5 years the exports of Laos to Chile have increased at an annualized rate of 96%, from $35.5k in 2018 to $1.03M in 2023.

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

Chile-Laos Trade: In 2023, Chile exported $295k to Laos. The main products that Chile exported to Laos were Wine ($283k), Valves ($7.1k), and Other Measuring Instruments ($4.57k). Over the past 5 years the exports of Chile to Laos have decreased at an annualized rate of 14%, from $625k in 2018 to $295k in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $1.03M to Chile. The main products exported from Laos to Chile were Knit T-shirts ($282k), Knit Men's Undergarments ($200k), and Buses ($165k). During the last 5 years the exports of Laos to Chile have increased at an annualized rate of 96%, from $35.5k in 2018 to $1.03M in 2023.

In 2018, Chile exported $295k to Laos. The main products exported from Chile to Laos were Wine ($283k), Valves ($7.1k), and Other Measuring Instruments ($4.57k). During the last 5 years the exports of Chile to Laos have decreased at an annualized rate of 14%, from $625k in 2023 to $295k in 2018.

Exports from Laos () to Chile () (2023)

Exports from Chile () to Laos () (2023)

Latest Data

Trade between Laos () and Chile ()

Laos Exports

Date

Nov 2019

Feb 2019

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Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Chile
Top DestinationChina$38.2B

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

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

In 2023, countries that imported more from Chile than Laos included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Laos - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Chile in the exports of Textiles ($676k), Transportation ($166k), and Footwear and Headwear ($96.9k).

During 2018, Chile had a large net trade with Laos in the exports of Foodstuffs ($283k), Machines ($7.1k), and Instruments ($4.57k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Chile+$131kKnit T-shirts

Top Product Potential Chile Laos+$235kWine

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Chile () (2023)

Exports from Chile () to Laos () (2023)

Latest Data

Trade between Laos () and Chile ()

Laos Exports

Chile Exports

Market Competitiveness

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

Comparative Advantage Laos - Chile

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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