2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 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
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Laos-Cyprus Trade: In 2023, Laos exported $12.3k to Cyprus. The main products that Laos exported to Cyprus were Non-Knit Men's Suits ($8.14k), Non-Knit Active Wear ($3.03k), and Knit Men's Undergarments ($347). Over the past 11 years the exports of Laos to Cyprus have increased at an annualized rate of 6.66%, from $6.08k in 2012 to $12.3k in 2023.

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

Cyprus-Laos Trade: In 2023, Cyprus exported $37.6k to Laos. The main products that Cyprus exported to Laos were Packaged Medicaments ($13k), Flavored Water ($12.8k), and Fruit Juice ($10.8k). Over the past 11 years the exports of Cyprus to Laos have increased at an annualized rate of 72.5%,  from $2.47k in 2012 to $37.6k in 2023.

In 2023, Cyprus 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, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $12.3k to Cyprus. The main products exported from Laos to Cyprus were Non-Knit Men's Suits ($8.14k), Non-Knit Active Wear ($3.03k), and Knit Men's Undergarments ($347). During the last 11 years the exports of Laos to Cyprus have increased at an annualized rate of 6.66%, from $6.08k in 2012 to $12.3k in 2023.

In 2018, Cyprus exported $37.6k to Laos. The main products exported from Cyprus to Laos were Packaged Medicaments ($13k), Flavored Water ($12.8k), and Fruit Juice ($10.8k). During the last 5 years the exports of Cyprus to Laos have increased at an annualized rate of 72.5%, from $2.47k in 2023 to $37.6k in 2018.

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

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

Latest Data

Trade between Laos (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Laos than Cyprus included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

In 2023, countries that imported more from Cyprus than Laos included Libya ($775M), Greece ($626M), and Lebanon ($438M).

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

Comparative Advantage Laos - Cyprus

Flow
Scale

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

During 2023, Laos had a large net trade with Cyprus in the exports of Textiles ($11.6k), Footwear and Headwear ($709), and Metals ($12).

During 2018, Cyprus had a large net trade with Laos in the exports of Foodstuffs ($23.7k), Chemical Products ($13k), and Footwear and Headwear ($563).

Economic Complexity

Competitive Landscape

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

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

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