Thailand-Laos Trade: In 2022, Thailand exported $4.04B to Laos. The main products that Thailand exported to Laos were Refined Petroleum ($1.11B), Gold ($332M), and Raw Sugar ($250M). Over the past 5 years the exports of Thailand to Laos have increased at an annualized rate of 63.2%, from $349M in 2017 to $4.04B in 2022.
In 2022, Thailand did not export any services to Laos.
Laos-Thailand Trade: In 2022, Laos exported $2.34B to Thailand. The main products that Laos exported to Thailand were Electricity ($2.03B), Gold ($291M), and Cassava ($270M). Over the past 5 years the exports of Laos to Thailand have increased at an annualized rate of 105%, from $64.2M in 2017 to $2.34B in 2022.
In 2022, Laos did not export any services to Thailand.
Comparison: In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).