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Pricing

2021
Flag → Flag
Exports $319Rnk 82 / 0
2021
Flag → Flag
Exports $92.5kRnk 149 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 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$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186

About

Laos-Madagascar Trade: In 2021, Laos exported $319 to Madagascar. The main products that Laos exported to Madagascar were N/A. Over the past 5 years the exports of Laos to Madagascar have decreased at an annualized rate of 76.4%, from $437k in 2016 to $319 in 2021.

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

Madagascar-Laos Trade: In 2021, Madagascar exported $92.5k to Laos. The main products that Madagascar exported to Laos were N/A. Over the past 5 years the exports of Madagascar to Laos have increased at an annualized rate of 143%,  from $1.1k in 2016 to $92.5k in 2021.

In 2021, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $319 to Madagascar. There were not main exports from Laos to Madagascar in 2021. During the last 5 years the exports of Laos to Madagascar have decreased at an annualized rate of 76.4%, from $437k in 2016 to $319 in 2021.

In 2015, Madagascar exported $92.5k to Laos. There were not main exports from Madagascar to Laos in 2015. During the last 5 years the exports of Madagascar to Laos have increased at an annualized rate of 143%, from $1.1k in 2020 to $92.5k in 2015.

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

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

Latest Data

Trade between Laos (Flag) and Madagascar (Flag)

Laos Exports

Date

Madagascar Exports

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Madagascar
Top DestinationUnited States$756M

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

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

In 2022, countries that imported more from Madagascar than Laos included France ($634M), United States ($756M), and Japan ($448M).

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

Comparative Advantage Laos - Madagascar

Flow
Scale

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

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

During 2015, Madagascar had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Madagascar+$1.81kRice
Top Product Potential Madagascar Laos+$2.37kRefined 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 Madagascar. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Madagascar. Similarly, a dot/product with the flag of Madagascar indicates it has a comparative advantage over Laos.

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

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