2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
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 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
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GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Laos-India In 2022, Laos exported $57.5M to India. The main products that Laos exported to India are Gold ($42.4M), Silver ($14M), and Coffee ($343k). During the last 25 years the exports of Laos to India have increased at an annualized rate of 39.8%, from $13.3k in 1997 to $57.5M in 2022.

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

India-Laos In 2022, India exported $16.9M to Laos. The main products that India exported to Laos were Cars ($6.52M), Packaged Medicaments ($3M), and Vaccines, blood, antisera, toxins and cultures ($2.29M). During the last 25 years the exports of India to Laos have increased at an annualized rate of 17.4%, from $308k in 1997 to $16.9M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $57.5M to India. The main products exported from Laos to India were Gold ($42.4M), Silver ($14M), and Coffee ($343k). During the last 25 years the exports of Laos to India have increased at an annualized rate of 39.8%, from $13.3k in 1997 to $57.5M in 2022.

In 2022, India exported $16.9M to Laos. The main products exported from India to Laos were Cars ($6.52M), Packaged Medicaments ($3M), and Vaccines, blood, antisera, toxins and cultures ($2.29M). During the last 27 years the exports of India to Laos have increased at an annualized rate of 17.4%, from $308k in 1995 to $16.9M in 2022.

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

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

Latest Data

Trade between Laos (Flag) and India (Flag)

Laos Exports

India Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
India
Top Destination
United States$82.9B

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

In 2019, no countries were registered that imported more from Laos than from India.

In 2021, countries that imported more from India than Laos were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Laos - India

Flow
Scale

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

During 2022, Laos had a large net trade with India in the exports of Precious Metals ($56.3M), Vegetable Products ($654k), and Wood Products ($318k).

During 2022, India had a large net trade with Laos in the exports of Transportation ($6.68M), Chemical Products ($5.85M), and Machines ($1.44M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Laos has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Laos.

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

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