Laos (LAO) and Guyana (GUY) Trade | The Observatory of Economic Complexity

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Laos-Guyana Trade: In 2022, Laos exported $19.2k to Guyana. The main products that Laos exported to Guyana were Electrical Control Boards ($17.2k), Thermostats ($1.45k), and Electrical Ignitions ($501). Over the past 21 years the exports of Laos to Guyana have decreased at an annualized rate of 0.38%, from $20.8k in 2001 to $19.2k in 2022.

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

Guyana-Laos Trade: In 2022, Guyana exported $47.5k to Laos. The main products that Guyana exported to Laos were N/A. Over the past 21 years the exports of Guyana to Laos have increased at an annualized rate of 20.8%, from $18.4k in 2001 to $47.5k in 2022.

In 2022, Guyana 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, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $19.2k to Guyana. The main products exported from Laos to Guyana were Electrical Control Boards ($17.2k), Thermostats ($1.45k), and Electrical Ignitions ($501). During the last 21 years the exports of Laos to Guyana have decreased at an annualized rate of 0.38%, from $20.8k in 2001 to $19.2k in 2022.

In 2008, Guyana exported $47.5k to Laos. There were not main exports from Guyana to Laos in 2008. During the last 5 years the exports of Guyana to Laos have increased at an annualized rate of 20.8%, from $18.4k in 2013 to $47.5k in 2008.

Exports from Laos () to Guyana () (2022)

Exports from Guyana () to Laos () (2022)

Latest Data

Trade between Laos () and Guyana ()

Guyana Exports

Date

Nov 2013

Jun 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Guyana
Top DestinationPanama$5.84B

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

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

In 2022, countries that imported more from Guyana than Laos included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

Difference in imports from Guyana () and Laos () (2022)

Comparative Advantage Laos - Guyana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Guyana in the exports of Machines ($17.7k) and Instruments ($1.45k).

During 2008, Guyana had a large net trade with Laos in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Guyana () (2022)

Exports from Guyana () to Laos () (2022)

Latest Data

Trade between Laos () and Guyana ()

Guyana Exports

Market Competitiveness

Difference in imports from Guyana () and Laos () (2022)

Comparative Advantage Laos - Guyana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Guyana () (2022)

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