Vietnam (VNM) and Laos (LAO) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Year

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.

Latest Data

Laos Exports

Date

Market Competitiveness

Measure

SectionYear

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

Flow

Scale

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Laos Exports

Market Competitiveness

Comparative Advantage Vietnam - Laos

Economic Complexity

Competitive Landscape

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