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2022
Flag → Flag
Exports $22.2kRnk 98 / 125
2022
Flag → Flag
Top Product $12.7kOther Edible Preparations
2022
Flag → Flag
Exports $3.11kRnk 189 / 194
2022
Flag → Flag
Top Product $3.11kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Laos-Cyprus Trade: In 2022, Laos exported $22.2k to Cyprus. The main products that Laos exported to Cyprus were Other Edible Preparations ($12.7k), Non-Knit Men's Suits ($6k), and Non-Knit Active Wear ($2.41k). Over the past 11 years the exports of Laos to Cyprus have increased at an annualized rate of 13.4%, from $5.6k in 2011 to $22.2k in 2022.

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

Cyprus-Laos Trade: In 2022, Cyprus exported $3.11k to Laos. The main products that Cyprus exported to Laos were Packaged Medicaments ($3.11k). Over the past 11 years the exports of Cyprus to Laos have decreased at an annualized rate of 62.6%,  from $426k in 2011 to $3.11k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $22.2k to Cyprus. The main products exported from Laos to Cyprus were Other Edible Preparations ($12.7k), Non-Knit Men's Suits ($6k), and Non-Knit Active Wear ($2.41k). During the last 11 years the exports of Laos to Cyprus have increased at an annualized rate of 13.4%, from $5.6k in 2011 to $22.2k in 2022.

In 2017, Cyprus exported $3.11k to Laos. The main products exported from Cyprus to Laos were Packaged Medicaments ($3.11k). During the last 5 years the exports of Cyprus to Laos have decreased at an annualized rate of 62.6%, from $426k in 2022 to $3.11k in 2017.

Exports from Laos (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Laos (Flag) (2022)

Latest Data

Trade between Laos (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Cyprus than Laos included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

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 2022, Laos had a large net trade with Cyprus in the exports of Foodstuffs ($12.7k), Textiles ($8.72k), and Footwear and Headwear ($735).

During 2017, Cyprus had a large net trade with Laos in the exports of Chemical Products ($3.11k).

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) (2022)

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