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2023
Flag → Flag
Exports $1.38MRnk 130 / 201
2023
Flag → Flag
Top Product $935kPrepared Explosives
2023
Flag → Flag
Exports $19.2MRnk 25 / 120
2023
Flag → Flag
Top Product $18.1MPotassic Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Philippines-Laos Trade: In 2023, Philippines exported $1.38M to Laos. The main products that Philippines exported to Laos were Prepared Explosives ($935k), Cigarette Paper ($359k), and Baked Goods ($48.3k). Over the past 5 years the exports of Philippines to Laos have decreased at an annualized rate of 14.3%, from $2.98M in 2018 to $1.38M in 2023.

In 2023, Philippines did not export any services to Laos.

Laos-Philippines Trade: In 2023, Laos exported $19.2M to Philippines. The main products that Laos exported to Philippines were Potassic Fertilizers ($18.1M), Broadcasting Equipment ($298k), and Video Recording Equipment ($185k). Over the past 5 years the exports of Laos to Philippines have increased at an annualized rate of 14.2%,  from $9.89M in 2018 to $19.2M in 2023.

In 2023, Laos did not export any services to Philippines.

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Latest Trends

N/A

About

Overview In N/A, Philippines exported $N/A and imported $N/A from Laos, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Laos were Non-Knit Women's Suits ($50). In N/A the top imports of Philippines from Laos were Potassic Fertilizers ($551k), Broadcasting Equipment ($28.5k), Telephones ($28.2k), Veneer Sheets ($13.8k), and Rubber Footwear ($2.8k).

Growth In N/A, the N/A in Philippines's year-by-year exports to Laos was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Philippines. Click any date in the line plot or any product to explore the exports or imports behavior of Philippines over time.

To check Laos and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $1.38M to Laos. The main products exported from Philippines to Laos were Prepared Explosives ($935k), Cigarette Paper ($359k), and Baked Goods ($48.3k). During the last 5 years the exports of Philippines to Laos have decreased at an annualized rate of 14.3%, from $2.98M in 2018 to $1.38M in 2023.

In 2018, Laos exported $19.2M to Philippines. The main products exported from Laos to Philippines were Potassic Fertilizers ($18.1M), Broadcasting Equipment ($298k), and Video Recording Equipment ($185k). During the last 5 years the exports of Laos to Philippines have increased at an annualized rate of 14.2%, from $9.89M in 2023 to $19.2M in 2018.

Exports from Philippines (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Philippines than Laos included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Laos than Philippines included Cambodia ($190M) and Sao Tome and Principe ($25.6k).

Difference in imports from Laos (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Laos

Flow
Scale

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

During 2023, Philippines had a large net trade with Laos in the exports of Chemical Products ($964k), Paper Goods ($359k), and Foodstuffs ($49.2k).

During 2018, Laos had a large net trade with Philippines in the exports of Chemical Products ($18.1M), Machines ($822k), and Metals ($95.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Laos+$5.3kGold
Top Product Potential Laos Philippines+$4.9kTelephones

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

Product Space of Philippines (Flag) and Laos (Flag) (2023)

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