Flag Thailand / Laos Flag

2020
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Exports
: $3.36B, Rnk 20 / 214

2020
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Top Product
: $502M, Refined Petroleum

2020
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Exports
: $2.95B, Rnk 1 / 107

2020
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Top Product
: $1.76B, Electricity

2020
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Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 127

2020
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Economic Complexity (ECI)
: ECI -1.06, Rnk 104 / 127

2020
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GDP
: $500B, CURRENT US$
Rnk 24 / 204

2010-2020
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GDP GROWTH
: 46.5%, CURRENT US$
Rnk 61 / 204

2020
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 GDP
: $19B, CURRENT US$
Rnk 113 / 204

2010-2020
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GDP GROWTH
: 166%, CURRENT US$
Rnk 4 / 204

2020
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GDP PC 
: $7,159, CURRENT US$
Rnk 95 / 204

2010-2020
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GDP PC GROWTH
: 41%, CURRENT US$
Rnk 41 / 204

2020
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GDP PC
: $2,609, CURRENT US$
Rnk 150 / 204

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 204

Thailand-Laos In 2020, Thailand exported $3.36B to Laos. The main products that Thailand exported to Laos are Refined Petroleum ($502M), Bovine ($153M), and Cars ($100M). During the last 25 years the exports of Thailand to Laos have increased at an annualized rate of 9.48%, from $349M in 1995 to $3.36B in 2020.

In 2020, Thailand did not export any services to Laos.

Laos-Thailand In 2020, Laos exported $2.95B to Thailand. The main products that Laos exported to Thailand were Electricity ($1.76B), Gold ($341M), and Cassava ($153M). During the last 25 years the exports of Laos to Thailand have increased at an annualized rate of 16.6%, from $63.6M in 1995 to $2.95B in 2020.

In 2020, Laos did not export any services to Thailand.

Comparison In 2020,  Thailand ranked 30 in the Economic Complexity Index (ECI 0.91), and 23 in total exports ($243B). That same year, Laos ranked 104 in the Economic Complexity Index (ECI -1.06), and 105 in total exports ($6.25B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Thailand exported $3.36B to Laos. The main products exported from Thailand to Laos were Refined Petroleum ($502M), Bovine ($153M), and Cars ($100M). During the last 25 years the exports of Thailand to Laos have increased at an annualized rate of 9.48%, from $349M in 1995 to $3.36B in 2020.

In 2020, Laos exported $2.95B to Thailand. The main products exported from Laos to Thailand were Electricity ($1.76B), Gold ($341M), and Cassava ($153M). During the last 25 years the exports of Laos to Thailand have increased at an annualized rate of 16.6%, from $63.6M in 1995 to $2.95B in 2020.

Thailand Exports

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Market Competitiveness

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Measure

Thailand
Top Destination
: United States, $35.3B

Laos
Top Destination
: Thailand, $2.95B

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

In 2019, countries that imported more from Thailand than Laos were United States ($35.3B), China ($30.2B), and Japan ($23.2B).

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

Comparative Advantage Thailand - Laos

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Flow
Scale

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

During 2020, Thailand had a large net trade with Laos in the exports of Mineral Products ($649M), Machines ($522M), and Foodstuffs ($482M).

During 2020, Laos had a large net trade with Thailand in the exports of Mineral Products ($1.83B), Precious Metals ($403M), and Machines ($240M).

Economic Complexity

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Competitive Landscape

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