2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 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
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

In N/A, Laos did not export any services to Georgia.

Georgia-Laos In N/A, Georgia did not export any products to Laos.

In N/A, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

Laos does not register exports to Georgia. The main products exported from Laos to Georgia were Office Machine Parts ($30k).

Georgia does not register exports to Laos.

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

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

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Georgia
Top Destination
China$759M

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

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

In 2022, countries that imported more from Georgia than Laos included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

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

Comparative Advantage Laos - Georgia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Georgia+$2.64kElectricity
Top Product Potential Georgia Laos+$2.33kRefined Petroleum

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

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

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