GDP$15.7BCURRENT US$Rnk 128 / 186 GDP GROWTH54.3%CURRENT US$Rnk 52 / 186
GDP$264BCURRENT US$Rnk 48 / 186 GDP GROWTH21.2%CURRENT US$Rnk 118 / 186 GDP PC $2,088CURRENT US$Rnk 149 / 186GDP PC GROWTH33.4%CURRENT US$Rnk 59 / 186GDP PC$5,937CURRENT US$Rnk 104 / 186GDP PC GROWTH-7.77%CURRENT US$Rnk 158 / 186In N/A, Laos did not export any services to Iraq.
Iraq-Laos In false, Iraq did not export any products to Laos.
In N/A, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).
This map shows whether countries import more from Laos or Iraq. Each country is colored based on the difference in imports they receive from Laos and Iraq or the difference in the growth in imports.
In 2022, countries that imported more from Laos than Iraq included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).
In 2022, countries that imported more from Iraq than Laos included India ($38.8B), China ($34B), and United States ($10.3B).
) and Laos () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Laos and Iraq. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Laos.
) and Iraq () (NaN)
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