2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 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
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Laos-Ghana Trade: In 2021, Laos exported $224k to Ghana. The main products that Laos exported to Ghana were N/A. Over the past 11 years the exports of Laos to Ghana have increased at an annualized rate of 19%, from $33k in 2010 to $224k in 2021.

In 2021, Laos did not export any services to Ghana.

Ghana-Laos Trade: In 2021, Ghana exported $127k to Laos. The main products that Ghana exported to Laos were N/A. Over the past 11 years the exports of Ghana to Laos have decreased at an annualized rate of 48%,  from $3.33M in 2010 to $127k in 2021.

In 2021, Ghana 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, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $224k to Ghana. There were not main exports from Laos to Ghana in 2021. During the last 11 years the exports of Laos to Ghana have increased at an annualized rate of 19%, from $33k in 2010 to $224k in 2021.

In 2014, Ghana exported $127k to Laos. There were not main exports from Ghana to Laos in 2014. During the last 5 years the exports of Ghana to Laos have decreased at an annualized rate of 48%, from $3.33M in 2019 to $127k in 2014.

Exports from Laos (Flag) to Ghana (Flag) (2021)

Exports from Ghana (Flag) to Laos (Flag) (2021)

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Ghana
Top Destination
United Arab Emirates$4.72B

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

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

In 2022, countries that imported more from Ghana than Laos included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

Comparative Advantage Laos - Ghana

Flow
Scale

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

During 2021, Laos had a large net trade with Ghana in the exports of .

During 2014, Ghana had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Ghana+$2.38kTelephones
Top Product Potential Ghana Laos+$4.57kGold

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

Product Space of Laos (Flag) and Ghana (Flag) (2021)

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