2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Laos-Germany Trade: In 2022, Laos exported $186M to Germany. The main products that Laos exported to Germany were Non-Knit Men's Suits ($69.8M), Knit Sweaters ($17.9M), and Coffee ($14.8M). Over the past 5 years the exports of Laos to Germany have increased at an annualized rate of 16.7%, from $85.9M in 2017 to $186M in 2022.

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

Germany-Laos Trade: In 2022, Germany exported $37.9M to Laos. The main products that Germany exported to Laos were Electric Generating Sets ($5.84M), Vaccines, blood, antisera, toxins and cultures ($4.03M), and Cars ($2.92M). Over the past 5 years the exports of Germany to Laos have decreased at an annualized rate of 1.28%,  from $40.9M in 2017 to $37.9M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $186M to Germany. The main products exported from Laos to Germany were Non-Knit Men's Suits ($69.8M), Knit Sweaters ($17.9M), and Coffee ($14.8M). During the last 5 years the exports of Laos to Germany have increased at an annualized rate of 16.7%, from $85.9M in 2017 to $186M in 2022.

In 2017, Germany exported $37.9M to Laos. The main products exported from Germany to Laos were Electric Generating Sets ($5.84M), Vaccines, blood, antisera, toxins and cultures ($4.03M), and Cars ($2.92M). During the last 5 years the exports of Germany to Laos have decreased at an annualized rate of 1.28%, from $40.9M in 2022 to $37.9M in 2017.

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

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

Latest Data

Trade between Laos (Flag) and Germany (Flag)

Laos Exports

Germany Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Laos than Germany included Cambodia ($207M).

In 2022, countries that imported more from Germany than Laos included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Laos - Germany

Flow
Scale

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

During 2022, Laos had a large net trade with Germany in the exports of Textiles ($134M), Footwear and Headwear ($24.9M), and Vegetable Products ($15.2M).

During 2017, Germany had a large net trade with Laos in the exports of Machines ($15.1M), Chemical Products ($8.42M), and Foodstuffs ($3.96M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Germany+$9.22MTelephones
Top Product Potential Germany Laos+$6.75MCars

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

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

Product Space of Laos (Flag) and Germany (Flag) (2022)

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