2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$15.7BCURRENT US$
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2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$2,088CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
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About

Singapore-Laos In 2022, Singapore exported $95.5M to Laos. The main products that Singapore exported to Laos are Other Electrical Machinery ($53.1M), Scented Mixtures ($8.49M), and Vaccines, blood, antisera, toxins and cultures ($7.6M). During the last 27 years the exports of Singapore to Laos have increased at an annualized rate of 3.23%, from $40.5M in 1995 to $95.5M in 2022.

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

Laos-Singapore In 2022, Laos exported $130M to Singapore. The main products that Laos exported to Singapore were Laboratory Glassware ($51.6M), Electricity ($24M), and Other Glass Articles ($19.1M). During the last 27 years the exports of Laos to Singapore have increased at an annualized rate of 9.89%, from $10.2M in 1995 to $130M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). 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, Singapore exported $95.5M to Laos. The main products exported from Singapore to Laos were Other Electrical Machinery ($53.1M), Scented Mixtures ($8.49M), and Vaccines, blood, antisera, toxins and cultures ($7.6M). During the last 27 years the exports of Singapore to Laos have increased at an annualized rate of 3.23%, from $40.5M in 1995 to $95.5M in 2022.

In 2022, Laos exported $130M to Singapore. The main products exported from Laos to Singapore were Laboratory Glassware ($51.6M), Electricity ($24M), and Other Glass Articles ($19.1M). During the last 27 years the exports of Laos to Singapore have increased at an annualized rate of 9.89%, from $10.2M in 1995 to $130M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Laos (Flag)

Singapore Exports

Laos Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Laos
Top Destination
Thailand$3.29B

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 2021, countries that imported more from Singapore than Laos were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2019, no countries were registered that imported more from Laos than from Singapore.

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

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 2022, Singapore had a large net trade with Laos in the exports of Machines ($64.6M), Chemical Products ($17.4M), and Transportation ($4.06M).

During 2022, Laos had a large net trade with Singapore in the exports of Stone And Glass ($85.3M), Mineral Products ($24M), and Precious Metals ($13.2M).

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 Singapore has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Singapore.

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

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