Belize (BLZ) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Belize-Laos Trade: In 2021, Belize exported $419 to Laos. The main products that Belize exported to Laos were N/A. Over the past 8 years the exports of Belize to Laos have decreased at an annualized rate of 36.2%, from $15.3k in 2013 to $419 in 2021.

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

Laos-Belize Trade: In 2021, Laos exported $165k to Belize. The main products that Laos exported to Belize were Rolled Tobacco ($165k). Over the past 8 years the exports of Laos to Belize have increased at an annualized rate of 4.82%, from $131k in 2013 to $165k in 2021.

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

Comparison In 2022, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Belize exported $419 to Laos. There were not main exports from Belize to Laos in 2021. During the last 8 years the exports of Belize to Laos have decreased at an annualized rate of 36.2%, from $15.3k in 2013 to $419 in 2021.

In 2017, Laos exported $165k to Belize. The main products exported from Laos to Belize were Rolled Tobacco ($165k). During the last 5 years the exports of Laos to Belize have increased at an annualized rate of 4.82%, from $131k in 2022 to $165k in 2017.

Exports from Belize () to Laos () (2022)

Exports from Laos () to Belize () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Belize than Laos included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

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

Difference in imports from Laos () and Belize () (2022)

Comparative Advantage Belize - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Laos had a large net trade with Belize in the exports of Foodstuffs ($165k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Belize and Laos. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Belize.

About

Historical Data

Bilateral Trade by Products

Exports from Belize () to Laos () (2022)

Exports from Laos () to Belize () (2022)

Market Competitiveness

Difference in imports from Laos () and Belize () (2022)

Comparative Advantage Belize - Laos

Economic Complexity

Competitive Landscape

Product Space of Belize () and Laos () (2022)

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