2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Singapore-Laos Trade: In 2023, Singapore exported $66.2M to Laos. The main products that Singapore exported to Laos were Broadcasting Equipment ($16.1M), Scented Mixtures ($11M), and Prepared Pigments ($7.31M). Over the past 5 years the exports of Singapore to Laos have increased at an annualized rate of 1.3%, from $62M in 2018 to $66.2M in 2023.

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

Laos-Singapore Trade: In 2023, Laos exported $27.8M to Singapore. The main products that Laos exported to Singapore were Other Glass Articles ($13.1M), Electricity ($10.6M), and Broadcasting Equipment ($2.07M). Over the past 5 years the exports of Laos to Singapore have increased at an annualized rate of 24.6%,  from $9.23M in 2018 to $27.8M in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $66.2M to Laos. The main products exported from Singapore to Laos were Broadcasting Equipment ($16.1M), Scented Mixtures ($11M), and Prepared Pigments ($7.31M). During the last 5 years the exports of Singapore to Laos have increased at an annualized rate of 1.3%, from $62M in 2018 to $66.2M in 2023.

In 2018, Laos exported $27.8M to Singapore. The main products exported from Laos to Singapore were Other Glass Articles ($13.1M), Electricity ($10.6M), and Broadcasting Equipment ($2.07M). During the last 5 years the exports of Laos to Singapore have increased at an annualized rate of 24.6%, from $9.23M in 2023 to $27.8M in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Laos (Flag)

Singapore Exports

Laos Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Laos
Top Destination
China$3.41B

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

In 2023, countries that imported more from Singapore than Laos included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

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

Comparative Advantage Singapore - Laos

Flow
Scale

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

During 2023, Singapore had a large net trade with Laos in the exports of Machines ($27.6M), Chemical Products ($21.1M), and Transportation ($7.63M).

During 2018, Laos had a large net trade with Singapore in the exports of Stone And Glass ($13.1M), Mineral Products ($10.6M), and Machines ($3.14M).

Economic Complexity

Competitive Landscape

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

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

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