2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Singapore-Laos Trade: In 2022, Singapore exported $47.1M to Laos. The main products that Singapore exported to Laos were Other Electrical Machinery ($53.1M), Scented Mixtures ($8.49M), and Vaccines, blood, antisera, toxins and cultures ($7.6M). Over the past 5 years the exports of Singapore to Laos have increased at an annualized rate of 3.07%, from $40.5M in 2017 to $47.1M in 2022.

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

Laos-Singapore Trade: In 2022, Laos exported $13.3M to Singapore. The main products that Laos exported to Singapore were Laboratory Glassware ($51.6M), Electricity ($24M), and Other Glass Articles ($19.1M). Over the past 5 years the exports of Laos to Singapore have increased at an annualized rate of 5.48%,  from $10.2M in 2017 to $13.3M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $47.1M 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 5 years the exports of Singapore to Laos have increased at an annualized rate of 3.07%, from $40.5M in 2017 to $47.1M in 2022.

In 2017, Laos exported $13.3M 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 22 years the exports of Laos to Singapore have increased at an annualized rate of 5.48%, from $10.2M in 1995 to $13.3M in 2017.

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

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 2022, countries that imported more from Singapore than Laos included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, 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 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Laos+$5.3MRefined Petroleum
Top Product Potential Laos Singapore+$15.7MGold

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 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) (2022)

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