2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 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
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Laos-Senegal Trade: In 2022, Laos exported $1.08M to Senegal. The main products that Laos exported to Senegal were Potassic Fertilizers ($956k), Chlorides ($118k), and Video Displays ($3.47k). Over the past 11 years the exports of Laos to Senegal have increased at an annualized rate of 20.1%, from $143k in 2011 to $1.08M in 2022.

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

Senegal-Laos Trade: In 2022, Senegal exported $3.82k to Laos. The main products that Senegal exported to Laos were Non-fillet Fresh Fish ($3.82k). Over the past 11 years the exports of Senegal to Laos have increased at an annualized rate of 48.4%,  from $531 in 2011 to $3.82k in 2022.

In 2022, Senegal 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, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $1.08M to Senegal. The main products exported from Laos to Senegal were Potassic Fertilizers ($956k), Chlorides ($118k), and Video Displays ($3.47k). During the last 11 years the exports of Laos to Senegal have increased at an annualized rate of 20.1%, from $143k in 2011 to $1.08M in 2022.

In 2017, Senegal exported $3.82k to Laos. The main products exported from Senegal to Laos were Non-fillet Fresh Fish ($3.82k). During the last 5 years the exports of Senegal to Laos have increased at an annualized rate of 48.4%, from $531 in 2022 to $3.82k in 2017.

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

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

Latest Data

Trade between Laos (Flag) and Senegal (Flag)

Senegal Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Senegal
Top Destination
Mali$1.13B

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

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

In 2022, countries that imported more from Senegal than Laos included Mali ($1.13B), India ($1B), and Switzerland ($662M).

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

Comparative Advantage Laos - Senegal

Flow
Scale

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

During 2022, Laos had a large net trade with Senegal in the exports of Chemical Products ($1.07M) and Machines ($3.47k).

During 2017, Senegal had a large net trade with Laos in the exports of Animal Products ($3.82k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Senegal+$199kPotassic Fertilizers
Top Product Potential Senegal Laos+$4.92kNon-fillet Fresh Fish

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

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

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