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Pricing

2022
Flag → Flag
Exports $34.8kRnk 198 / 208
2022
Flag → Flag
Top Product $20.1kTextiles for technical uses
2022
Flag → Flag
Exports $18.2MRnk 25 / 125
2022
Flag → Flag
Top Product $7.29MNon-Knit Active Wear
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Portugal-Laos Trade: In 2022, Portugal exported $34.8k to Laos. The main products that Portugal exported to Laos were Textiles for technical uses ($20.1k), Styrene Polymers ($6.94k), and Narrow Woven Fabric ($5.05k). Over the past 5 years the exports of Portugal to Laos have decreased at an annualized rate of 9.62%, from $57.7k in 2017 to $34.8k in 2022.

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

Laos-Portugal Trade: In 2022, Laos exported $18.2M to Portugal. The main products that Laos exported to Portugal were Non-Knit Active Wear ($7.29M), Non-Knit Men's Suits ($5.87M), and Coffee ($1.78M). Over the past 5 years the exports of Laos to Portugal have increased at an annualized rate of 0.29%,  from $17.9M in 2017 to $18.2M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Latest Trends

October, 2024

About

Overview In October 2024, Portugal exported €288 and imported €1.92M from Laos, resulting in a negative trade balance of €1.92M. Between October 2023 and October 2024 the exports of Portugal have decreased by €-84.7k (-99.7%) from €85k to €288, while imports increased by €490k (34.3%) from €1.43M to €1.92M.

Trade In October 2024, the top exports of Portugal to Laos were Special woven fabrics and tapestries (€1.76k), Optical, photo, & film equipment; medical... (€524), Non-knitted clothing accesories (€344), Footwear (€252), and Live animals (€0). In October 2024 the top imports of Portugal from Laos were Non-knitted clothing accesories (€1.51M), Coffee, tea, mate & spices (€144k), Knitted clothing accesories (€140k), Live animals (€0), and Meat & edible offal (€0).

Growth In October 2024, the decrease in Portugal's year-by-year exports to Laos was explained primarily by an decrease in product exports in Perfumery & cosmetics (€-275 or -100%), Soap, cleaners, candles, dental, modelling pastes (€-78 or -100%), and Coated, covered, & laminated fabrics for... (€-25 or -100%). In October 2024, the increase in Portugal's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Non-knitted clothing accesories (€501k or 49.8%) and Knitted clothing accesories (€51.7k or 58.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-84.7k(-99.7%)
IMPORT GROWTH (October 2023 - October 2024)€490k(34.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Laos and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $34.8k to Laos. The main products exported from Portugal to Laos were Textiles for technical uses ($20.1k), Styrene Polymers ($6.94k), and Narrow Woven Fabric ($5.05k). During the last 5 years the exports of Portugal to Laos have decreased at an annualized rate of 9.62%, from $57.7k in 2017 to $34.8k in 2022.

In 2017, Laos exported $18.2M to Portugal. The main products exported from Laos to Portugal were Non-Knit Active Wear ($7.29M), Non-Knit Men's Suits ($5.87M), and Coffee ($1.78M). During the last 5 years the exports of Laos to Portugal have increased at an annualized rate of 0.29%, from $17.9M in 2022 to $18.2M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Portugal than Laos included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Laos

Flow
Scale

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

During 2022, Portugal had a large net trade with Laos in the exports of Textiles ($25.3k), Plastics and Rubbers ($6.94k), and Chemical Products ($1.95k).

During 2017, Laos had a large net trade with Portugal in the exports of Textiles ($16.3M), Vegetable Products ($1.87M), and Machines ($8.28k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Laos+$17.8kTextiles for technical uses
Top Product Potential Laos Portugal+$1.2MNon-Knit Men's Suits

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

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

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