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2021
Flag → Flag
Exports $701kRnk 88 / 0
2021
Flag → Flag
Exports $20.5MRnk 74 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Bangladesh-Laos Trade: In 2021, Bangladesh exported $701k to Laos. The main products that Bangladesh exported to Laos were N/A. Over the past 5 years the exports of Bangladesh to Laos have increased at an annualized rate of 37.7%, from $142k in 2016 to $701k in 2021.

In 2021, Bangladesh did not export any services to Laos.

Laos-Bangladesh In N/A, Laos did not export any products to Bangladesh.

In 2021, Laos did not export any services to Bangladesh.

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bangladesh exported $701k to Laos. There were not main exports from Bangladesh to Laos in 2021. During the last 5 years the exports of Bangladesh to Laos have increased at an annualized rate of 37.7%, from $142k in 2016 to $701k in 2021.

Laos does not register exports to Bangladesh.

Exports from Bangladesh (Flag) to Laos (Flag) (2021)

Exports from Laos (Flag) to Bangladesh (Flag) (2021)

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Bangladesh than Laos included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Laos than Bangladesh included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

Difference in imports from Laos (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Laos

Flow
Scale

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

During 2021, Bangladesh had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Laos+$3.64kNon-Knit Women's Suits
Top Product Potential Laos Bangladesh+$5.7kElectricity

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

Product Space of Bangladesh (Flag) and Laos (Flag) (2021)

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