2023
Flag  
GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
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GDP PC 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
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GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

United Arab Emirates-Laos Trade: In 2023, United Arab Emirates exported $11.6M to Laos. The main products that United Arab Emirates exported to Laos were Cars ($6.64M), Raw Tobacco ($4.37M), and Broadcasting Equipment ($66.3k). Over the past 5 years the exports of United Arab Emirates to Laos have increased at an annualized rate of 33.8%, from $2.71M in 2018 to $11.6M in 2023.

In 2023, United Arab Emirates did not export any services to Laos.

Laos-United Arab Emirates Trade: In 2023, Laos exported $15.4M to United Arab Emirates. The main products that Laos exported to United Arab Emirates were Chlorides ($5.67M), Broadcasting Equipment ($5.17M), and Video Displays ($1.03M). Over the past 5 years the exports of Laos to United Arab Emirates have decreased at an annualized rate of 20%,  from $47.2M in 2018 to $15.4M in 2023.

In 2023, Laos did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $11.6M to Laos. The main products exported from United Arab Emirates to Laos were Cars ($6.64M), Raw Tobacco ($4.37M), and Broadcasting Equipment ($66.3k). During the last 5 years the exports of United Arab Emirates to Laos have increased at an annualized rate of 33.8%, from $2.71M in 2018 to $11.6M in 2023.

In 2018, Laos exported $15.4M to United Arab Emirates. The main products exported from Laos to United Arab Emirates were Chlorides ($5.67M), Broadcasting Equipment ($5.17M), and Video Displays ($1.03M). During the last 5 years the exports of Laos to United Arab Emirates have decreased at an annualized rate of 20%, from $47.2M in 2023 to $15.4M in 2018.

Exports from United Arab Emirates (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Laos (Flag)

United Arab Emirates Exports

Laos Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Laos
Top Destination
China$3.41B

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

In 2023, countries that imported more from United Arab Emirates than Laos included India ($38.2B), Japan ($37.4B), and China ($40.2B).

In 2023, countries that imported more from Laos than United Arab Emirates included Cambodia ($190M), Denmark ($91.9M), and Andorra ($126k).

Difference in imports from Laos (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Laos

Flow
Scale

This chart compares trade between United Arab Emirates and Laos by product, considering products traded by both, United Arab Emirates and Laos.

During 2023, United Arab Emirates had a large net trade with Laos in the exports of Transportation ($6.69M), Foodstuffs ($4.39M), and Machines ($289k).

During 2018, Laos had a large net trade with United Arab Emirates in the exports of Machines ($6.62M), Chemical Products ($6.58M), and Footwear and Headwear ($1.34M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Laos+$1.89MCars
Top Product Potential Laos United Arab Emirates+$5.8MTelephones

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 United Arab Emirates and Laos. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Laos (Flag) (2023)

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