Barbados (BRB) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Barbados (BRB) and Laos (LAO) Trade

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Exports $9.36kRnk 113 / 0

2022

Economic Complexity (ECI) ECI -0.79Rnk 100 / 133

2022

GDP$5.64BCURRENT US$
Rnk 152 / 186

2012-2022

GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186

2022

GDP$15.7BCURRENT US$
Rnk 128 / 186

2012-2022

GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186

2022

GDP PC $20,019CURRENT US$
Rnk 52 / 186

2012-2022

GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

2022

GDP PC$2,088CURRENT US$
Rnk 149 / 186

2012-2022

GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

Image 1

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Link: https://flic.kr/p/4g3uw7

Image 2

Image by toastal
Link: https://flic.kr/p/2c7PeqQ

Historical Data
Economic Complexity

About

In N/A, Barbados did not export any services to Laos.

Laos-Barbados Trade: In N/A, Laos exported $9.36k to Barbados. The main products that Laos exported to Barbados were N/A. Over the past N/A years the exports of Laos to Barbados have increased at an annualized rate of 267%, from $14 in N/A to $9.36k in N/A.

In N/A, Laos did not export any services to Barbados.

Comparison In 2022, Barbados ranked 176 in total exports ($393M), 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

Barbados does not register exports to Laos.

In 2014, Laos exported $9.36k to Barbados. There were not main exports from Laos to Barbados in 2014. During the last 5 years the exports of Laos to Barbados have increased at an annualized rate of 267%, from $14 in 2019 to $9.36k in 2014.

Exports from Barbados () to Laos () (2019)

Exports from Laos () to Barbados () (2019)

Latest Data

Trade between Barbados () and Laos ()

Barbados Exports

Date

Dec 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Barbados than Laos included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

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

Comparative Advantage Barbados - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Laos had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Barbados () and Laos () (2019)

Keep Exploring

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Laos

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