2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 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
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Laos-Rwanda Trade: In 2022, Laos exported $10.3k to Rwanda. The main products that Laos exported to Rwanda were Other Plastic Products ($8.44k), Telephones ($1.57k), and Iron Sewing Needles ($178). Over the past 5 years the exports of Laos to Rwanda have decreased at an annualized rate of 5.1%, from $13.4k in 2017 to $10.3k in 2022.

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

Rwanda-Laos In N/A, Rwanda did not export any products to Laos.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $10.3k to Rwanda. The main products exported from Laos to Rwanda were Other Plastic Products ($8.44k), Telephones ($1.57k), and Iron Sewing Needles ($178). During the last 5 years the exports of Laos to Rwanda have decreased at an annualized rate of 5.1%, from $13.4k in 2017 to $10.3k in 2022.

Rwanda does not register exports to Laos.

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

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

Latest Data

Trade between Laos (Flag) and Rwanda (Flag)

Rwanda Exports

Date

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Rwanda
Top Destination
United Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Laos included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

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

Comparative Advantage Laos - Rwanda

Flow
Scale

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

During 2022, Laos had a large net trade with Rwanda in the exports of Plastics and Rubbers ($8.44k), Machines ($1.57k), and Metals ($247).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Rwanda+$1.84kTelephones
Top Product Potential Rwanda Laos+$2.96kGold

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

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

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