2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
54.3%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$2,088CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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About

Romania-Laos In 2022, Romania exported $994k to Laos. The main products that Romania exported to Laos are Machinery Having Individual Functions ($968k), Other Measuring Instruments ($14.8k), and Computers ($10.5k). During the last 26 years the exports of Romania to Laos have increased at an annualized rate of 5.6%, from $241k in 1996 to $994k in 2022.

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

Laos-Romania In 2022, Laos exported $1.53k to Romania. The main products that Laos exported to Romania were Wood Ornaments ($530), Computers ($500), and Office Machine Parts ($202). During the last 26 years the exports of Laos to Romania have decreased at an annualized rate of 8.39%, from $15k in 1996 to $1.53k in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Laos ranked 95 in the Economic Complexity Index (ECI -0.83), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $994k to Laos. The main products exported from Romania to Laos were Machinery Having Individual Functions ($968k), Other Measuring Instruments ($14.8k), and Computers ($10.5k). During the last 26 years the exports of Romania to Laos have increased at an annualized rate of 5.6%, from $241k in 1996 to $994k in 2022.

In 2022, Laos exported $1.53k to Romania. The main products exported from Laos to Romania were Wood Ornaments ($530), Computers ($500), and Office Machine Parts ($202). During the last 25 years the exports of Laos to Romania have decreased at an annualized rate of 8.39%, from $15k in 1997 to $1.53k in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Laos (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Laos
Top Destination
Thailand$3.29B

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

In 2021, countries that imported more from Romania than Laos were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Laos than Romania were Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

Comparative Advantage Romania - Laos

Flow
Scale

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

During 2022, Romania had a large net trade with Laos in the exports of Machines ($978k), Instruments ($15.1k), and Animal Hides ($742).

During 2022, Laos had a large net trade with Romania in the exports of Machines ($702), Wood Products ($530), and Textiles ($301).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Romania.

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

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