Laos (LAO) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Laos-Malaysia Trade: In 2023, Laos exported $16.5M to Malaysia. The main products that Laos exported to Malaysia were Potassic Fertilizers ($12.6M), Iron Ore ($2.07M), and Insulated Wire ($473k). Over the past 5 years the exports of Laos to Malaysia have increased at an annualized rate of 8.04%, from $11.2M in 2018 to $16.5M in 2023.

In 2023, Laos did not export any services to Malaysia.

Malaysia-Laos Trade: In 2023, Malaysia exported $29.6M to Laos. The main products that Malaysia exported to Laos were Refined Petroleum ($10.7M), Computers ($4.37M), and Heavy Synthetic Cotton Fabrics ($2.65M). Over the past 5 years the exports of Malaysia to Laos have increased at an annualized rate of 9.07%, from $19.2M in 2018 to $29.6M in 2023.

In 2023, Malaysia did not export any services to Laos.

Comparison: In 2023, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $16.5M to Malaysia. The main products exported from Laos to Malaysia were Potassic Fertilizers ($12.6M), Iron Ore ($2.07M), and Insulated Wire ($473k). During the last 5 years the exports of Laos to Malaysia have increased at an annualized rate of 8.04%, from $11.2M in 2018 to $16.5M in 2023.

In 2018, Malaysia exported $29.6M to Laos. The main products exported from Malaysia to Laos were Refined Petroleum ($10.7M), Computers ($4.37M), and Heavy Synthetic Cotton Fabrics ($2.65M). During the last 5 years the exports of Malaysia to Laos have increased at an annualized rate of 9.07%, from $19.2M in 2023 to $29.6M in 2018.

Exports from Laos () to Malaysia () (2023)

Exports from Malaysia () to Laos () (2023)

Latest Data

Trade between Laos () and Malaysia ()

Laos Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Malaysia
Top DestinationChina$79.8B

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

In 2023, no countries were registered that imported more from Laos than from Malaysia.

In 2023, countries that imported more from Malaysia than Laos included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia () and Laos () (2023)

Comparative Advantage Laos - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Malaysia in the exports of Chemical Products ($12.7M), Mineral Products ($2.09M), and Machines ($673k).

During 2018, Malaysia had a large net trade with Laos in the exports of Mineral Products ($12.1M), Machines ($6.17M), and Textiles ($5.68M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Malaysia+$5.14MPotassic Fertilizers

Top Product Potential Malaysia Laos+$2.64MComputers

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

Year

This visualization shows the product space at the HS4 level with the flags of Laos and Malaysia. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Malaysia () (2023)

Exports from Malaysia () to Laos () (2023)

Latest Data

Trade between Laos () and Malaysia ()

Laos Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Laos () (2023)

Comparative Advantage Laos - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Malaysia () (2023)

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