2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP
$1.32BCURRENT US$
Rnk 183 / 195
2013-2023
Flag
GDP GROWTH
56.3%CURRENT US$
Rnk 61 / 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
$11,246CURRENT US$
Rnk 86 / 196
2013-2023
Flag
GDP PC GROWTH
51.5%CURRENT US$
Rnk 46 / 195

About

Laos-Grenada Trade: In 2022, Laos exported $28.4k to Grenada. The main products that Laos exported to Grenada were N/A. Over the past 13 years the exports of Laos to Grenada have increased at an annualized rate of 17.2%, from $3.61k in 2009 to $28.4k in 2022.

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

Grenada-Laos Trade: In 2022, Grenada exported $8.5k to Laos. The main products that Grenada exported to Laos were N/A. Over the past 13 years the exports of Grenada to Laos have increased at an annualized rate of 23%,  from $3.02k in 2009 to $8.5k in 2022.

In 2022, Grenada 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, Grenada ranked 201 in total exports ($58.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $28.4k to Grenada. There were not main exports from Laos to Grenada in 2022. During the last 13 years the exports of Laos to Grenada have increased at an annualized rate of 17.2%, from $3.61k in 2009 to $28.4k in 2022.

In 2016, Grenada exported $8.5k to Laos. There were not main exports from Grenada to Laos in 2016. During the last 5 years the exports of Grenada to Laos have increased at an annualized rate of 23%, from $3.02k in 2021 to $8.5k in 2016.

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

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

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Grenada
Top Destination
United States$13.8M

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

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

In 2023, countries that imported more from Grenada than Laos included Antigua and Barbuda ($7.79M), Saint Vincent and the Grenadines ($4.67M), and Dominica ($3.53M).

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

Comparative Advantage Laos - Grenada

Flow
Scale

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

During 2022, Laos had a large net trade with Grenada in the exports of .

During 2016, Grenada had a large net trade with Laos in the exports of .

Economic Complexity

Competitive Landscape

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

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

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