GDP$15.8BCURRENT US$Rnk 133 / 195 GDP GROWTH32.2%CURRENT US$Rnk 109 / 195
GDP$179BCURRENT US$Rnk 57 / 195 GDP GROWTH-6.16%CURRENT US$Rnk 179 / 195 GDP PC $2,067CURRENT US$Rnk 157 / 195GDP PC GROWTH14%CURRENT US$Rnk 123 / 195GDP PC$5,070CURRENT US$Rnk 122 / 196GDP PC GROWTH22.8%CURRENT US$Rnk 95 / 195In N/A, Laos did not export any services to Ukraine.
Ukraine-Laos In N/A, Ukraine did not export any products to Laos.
In N/A, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).
Laos does not register exports to Ukraine. The main products exported from Laos to Ukraine were Potassic Fertilizers ($5.02M), Coffee ($66.4k), and Other toys ($36.5k).
Ukraine does not register exports to Laos. The main products exported from Ukraine to Laos were Edible Offal ($7.55k).
) to Ukraine () (2023)) to Laos () (2023)This map shows whether countries import more from Laos or Ukraine. Each country is colored based on the difference in imports they receive from Laos and Ukraine or the difference in the growth in imports.
In 2023, countries that imported more from Laos than Ukraine included Thailand ($2.99B), China ($3.41B), and Australia ($367M).
In 2023, countries that imported more from Ukraine than Laos included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).
) and Laos () (2023)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 Ukraine. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Laos.
) and Ukraine () (2023)
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