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2023
Flag → Flag
Exports $306MRnk 4 / 120
2023
Flag → Flag
Top Product $108MOptical Fibers and optical fibre bundles
2023
Flag → Flag
Exports $22MRnk 187 / 220
2023
Flag → Flag
Top Product $4.23MVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Laos-United States Trade: In 2023, Laos exported $306M to United States. The main products that Laos exported to United States were Optical Fibers and optical fibre bundles ($108M), Leather Footwear ($35.9M), and Knitted Hats ($31.6M). Over the past 5 years the exports of Laos to United States have increased at an annualized rate of 15.6%, from $148M in 2018 to $306M in 2023.

In 2023, Laos did not export any services to United States.

United States-Laos Trade: In 2023, United States exported $22M to Laos. The main products that United States exported to Laos were Vaccines, blood, antisera, toxins and cultures ($4.23M), Recovered Paper ($3.79M), and Cars ($2.05M). Over the past 5 years the exports of United States to Laos have decreased at an annualized rate of 1.36%,  from $23.5M in 2018 to $22M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $306M to United States. The main products exported from Laos to United States were Optical Fibers and optical fibre bundles ($108M), Leather Footwear ($35.9M), and Knitted Hats ($31.6M). During the last 5 years the exports of Laos to United States have increased at an annualized rate of 15.6%, from $148M in 2018 to $306M in 2023.

In 2018, United States exported $22M to Laos. The main products exported from United States to Laos were Vaccines, blood, antisera, toxins and cultures ($4.23M), Recovered Paper ($3.79M), and Cars ($2.05M). During the last 5 years the exports of United States to Laos have decreased at an annualized rate of 1.36%, from $23.5M in 2023 to $22M in 2018.

Exports from Laos (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Laos (Flag) (2023)

Latest Data

Trade between Laos (Flag) and United States (Flag)

Laos Exports

United States Exports

Market Competitiveness

Color
Laos
Top DestinationChina$3.41B
United States
Top DestinationCanada$269B

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

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

In 2023, countries that imported more from United States than Laos included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Laos (Flag) (2023)

Comparative Advantage Laos - United States

Flow
Scale

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

During 2023, Laos had a large net trade with United States in the exports of Instruments ($134M), Footwear and Headwear ($73M), and Machines ($34.7M).

During 2018, United States had a large net trade with Laos in the exports of Chemical Products ($4.43M), Paper Goods ($3.82M), and Vegetable Products ($2.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos United States+$45.8MTelephones
Top Product Potential United States Laos+$5.31MCars

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

Product Space of Laos (Flag) and United States (Flag) (2023)

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