2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH
24%CURRENT US$
Rnk 113 / 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
$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH
37.3%CURRENT US$
Rnk 53 / 186

About

Laos-Croatia Trade: In 2022, Laos exported $46 to Croatia. The main products that Laos exported to Croatia were Knit Men's Shirts ($46). Over the past 5 years the exports of Laos to Croatia have decreased at an annualized rate of 80.8%, from $175k in 2017 to $46 in 2022.

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

Croatia-Laos Trade: In 2022, Croatia exported $29.7k to Laos. The main products that Croatia exported to Laos were N/A. Over the past 5 years the exports of Croatia to Laos have increased at an annualized rate of 1.05%,  from $27.6k in 2017 to $29.7k in 2022.

In 2022, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $46 to Croatia. The main products exported from Laos to Croatia were Knit Men's Shirts ($46). During the last 5 years the exports of Laos to Croatia have decreased at an annualized rate of 80.8%, from $175k in 2017 to $46 in 2022.

In 2016, Croatia exported $29.7k to Laos. There were not main exports from Croatia to Laos in 2016. During the last 5 years the exports of Croatia to Laos have increased at an annualized rate of 1.05%, from $27.6k in 2021 to $29.7k in 2016.

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

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

Latest Data

Trade between Laos (Flag) and Croatia (Flag)

Laos Exports

Croatia Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Croatia
Top Destination
Italy$3.44B

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

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

In 2022, countries that imported more from Croatia than Laos included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

Comparative Advantage Laos - Croatia

Flow
Scale

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

During 2022, Laos had a large net trade with Croatia in the exports of Textiles ($46).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Croatia+$5.04kElectricity
Top Product Potential Croatia Laos+$3.32kRefined Petroleum

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

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

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