Flag Vietnam / Laos Flag

2020
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Exports
: $566M, Rnk 45 / 143

2020
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Top Product
: $42.1M, Motorcycles and cycles

2020
FlagFlag
Exports
: $440M, Rnk 3 / 107

2020
FlagFlag
Top Product
: $97.7M, Rubber

2020
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Economic Complexity (ECI)
: ECI -0.057, Rnk 61 / 127

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

2020
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GDP
: $343B, CURRENT US$
Rnk 38 / 204

2010-2020
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GDP GROWTH
: 133%, CURRENT US$
Rnk 8 / 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 
: $3,526, CURRENT US$
Rnk 137 / 204

2010-2020
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GDP PC GROWTH
: 111%, CURRENT US$
Rnk 7 / 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

Vietnam-Laos In 2020, Vietnam exported $566M to Laos. The main products that Vietnam exported to Laos are Motorcycles and cycles ($42.1M), Rice ($27.2M), and Other Small Iron Pipes ($26.4M). During the last 20 years the exports of Vietnam to Laos have increased at an annualized rate of 11.4%, from $65.6M in 2000 to $566M in 2020.

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

Laos-Vietnam In 2020, Laos exported $440M to Vietnam. The main products that Laos exported to Vietnam were Rubber ($97.7M), Electricity ($65.3M), and Coffee ($55.6M). During the last 20 years the exports of Laos to Vietnam have increased at an annualized rate of 7.85%, from $97M in 2000 to $440M in 2020.

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

Comparison In 2020,  Vietnam ranked 61 in the Economic Complexity Index (ECI -0.057), and 16 in total exports ($300B). 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, Vietnam exported $566M to Laos. The main products exported from Vietnam to Laos were Motorcycles and cycles ($42.1M), Rice ($27.2M), and Other Small Iron Pipes ($26.4M). During the last 20 years the exports of Vietnam to Laos have increased at an annualized rate of 11.4%, from $65.6M in 2000 to $566M in 2020.

In 2020, Laos exported $440M to Vietnam. The main products exported from Laos to Vietnam were Rubber ($97.7M), Electricity ($65.3M), and Coffee ($55.6M). During the last 20 years the exports of Laos to Vietnam have increased at an annualized rate of 7.85%, from $97M in 2000 to $440M in 2020.

Market Competitiveness

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Measure

Vietnam
Top Destination
: United States, $77B

Laos
Top Destination
: Thailand, $2.95B

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

In 2019, countries that imported more from Vietnam than Laos were United States ($77B), China ($49.4B), and Japan ($20.4B).

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

Comparative Advantage Vietnam - Laos

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Flow
Scale

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

During 2020, Vietnam had a large net trade with Laos in the exports of Metals ($132M), Vegetable Products ($75.2M), and Machines ($55.9M).

During 2020, Laos had a large net trade with Vietnam in the exports of Vegetable Products ($113M), Plastics and Rubbers ($107M), and Mineral Products ($91.1M).

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