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2022
Flag → Flag
Exports $978MRnk 3 / 125
2022
Flag → Flag
Top Product $212MRubber
2022
Flag → Flag
Exports $650MRnk 43 / 152
2022
Flag → Flag
Top Product $126MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
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GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
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GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Laos-Vietnam Trade: In 2022, Laos exported $978M to Vietnam. The main products that Laos exported to Vietnam were Rubber ($212M), Electricity ($134M), and Sawn Wood ($122M). Over the past 5 years the exports of Laos to Vietnam have increased at an annualized rate of 3.68%, from $816M in 2017 to $978M in 2022.

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

Vietnam-Laos Trade: In 2022, Vietnam exported $650M to Laos. The main products that Vietnam exported to Laos were Refined Petroleum ($126M), Other Fruits ($43.6M), and Motorcycles and cycles ($26.2M). Over the past 5 years the exports of Vietnam to Laos have increased at an annualized rate of 3.58%,  from $545M in 2017 to $650M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $978M to Vietnam. The main products exported from Laos to Vietnam were Rubber ($212M), Electricity ($134M), and Sawn Wood ($122M). During the last 5 years the exports of Laos to Vietnam have increased at an annualized rate of 3.68%, from $816M in 2017 to $978M in 2022.

In 2017, Vietnam exported $650M to Laos. The main products exported from Vietnam to Laos were Refined Petroleum ($126M), Other Fruits ($43.6M), and Motorcycles and cycles ($26.2M). During the last 5 years the exports of Vietnam to Laos have increased at an annualized rate of 3.58%, from $545M in 2022 to $650M in 2017.

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

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

Latest Data

Trade between Laos (Flag) and Vietnam (Flag)

Laos Exports

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Vietnam
Top DestinationUnited States$117B

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

In 2022, no countries were registered that imported more from Laos than from Vietnam.

In 2022, countries that imported more from Vietnam than Laos included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Laos - Vietnam

Flow
Scale

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

During 2022, Laos had a large net trade with Vietnam in the exports of Mineral Products ($240M), Plastics and Rubbers ($234M), and Vegetable Products ($196M).

During 2017, Vietnam had a large net trade with Laos in the exports of Mineral Products ($143M), Metals ($111M), and Vegetable Products ($78.6M).

Economic Complexity

Competitive Landscape

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

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

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