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Pricing

2021
Flag → Flag
Exports $778kRnk 106 / 0
2021
Flag → Flag
Exports $5.8MRnk 47 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.52Rnk 88 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH71.2%CURRENT US$
Rnk 28 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH44.3%CURRENT US$
Rnk 42 / 186

About

Laos-Honduras Trade: In 2021, Laos exported $778k to Honduras. The main products that Laos exported to Honduras were N/A. Over the past 11 years the exports of Laos to Honduras have increased at an annualized rate of 23.2%, from $78.7k in 2010 to $778k in 2021.

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

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

In 2021, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $778k to Honduras. There were not main exports from Laos to Honduras in 2021. During the last 11 years the exports of Laos to Honduras have increased at an annualized rate of 23.2%, from $78.7k in 2010 to $778k in 2021.

Honduras does not register exports to Laos.

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

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

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Honduras
Top DestinationUnited States$6.31B

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

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

In 2022, countries that imported more from Honduras than Laos included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Laos - Honduras

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Honduras+$2.04kElectricity
Top Product Potential Honduras Laos+$2.4kInsulated Wire

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

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

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