2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC 
$2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Laos-Greenland Trade: In 2018, Laos exported $40.1k to Greenland. The main products that Laos exported to Greenland were N/A. Over the past 5 years the exports of Laos to Greenland have increased at an annualized rate of 76.7%, from $2.33k in 2013 to $40.1k in 2018.

In 2018, Laos did not export any services to Greenland.

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

In 2018, Greenland 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, Greenland ranked 150 in total exports ($1.66B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Laos exported $40.1k to Greenland. There were not main exports from Laos to Greenland in 2018. During the last 5 years the exports of Laos to Greenland have increased at an annualized rate of 76.7%, from $2.33k in 2013 to $40.1k in 2018.

Greenland does not register exports to Laos.

Exports from Laos (Flag) to Greenland (Flag) (2018)

Exports from Greenland (Flag) to Laos (Flag) (2018)

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Greenland
Top Destination
Denmark$830M

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

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

In 2023, countries that imported more from Greenland than Laos included Denmark ($830M), Iceland ($38.3M), and Norway ($41.1M).

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

Comparative Advantage Laos - Greenland

Flow
Scale

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

During 2018, Laos had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Laos (Flag) and Greenland (Flag) (2018)

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