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Pricing

2023
Flag → Flag
Exports $13.5MRnk 147 / 215
2023
Flag → Flag
Top Product $11.9MSulfate Chemical Woodpulp
2023
Flag → Flag
Exports $25.4MRnk 22 / 120
2023
Flag → Flag
Top Product $3.64MHydrogen
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Canada-Laos Trade: In 2023, Canada exported $13.5M to Laos. The main products that Canada exported to Laos were Sulfate Chemical Woodpulp ($11.9M), Other Steel Bars ($296k), and Ethylene Polymers ($264k). Over the past 5 years the exports of Canada to Laos have increased at an annualized rate of 32.8%, from $3.28M in 2018 to $13.5M in 2023.

In 2023, Canada did not export any services to Laos.

Laos-Canada Trade: In 2023, Laos exported $25.4M to Canada. The main products that Laos exported to Canada were Hydrogen ($3.64M), Video Recording Equipment ($2.32M), and Leather Footwear ($2.27M). Over the past 5 years the exports of Laos to Canada have decreased at an annualized rate of 12.9%,  from $50.7M in 2018 to $25.4M in 2023.

In 2023, Laos did not export any services to Canada.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$269k and imported C$1.38M from Laos, resulting in a negative trade balance of C$1.11M. Between November 2023 and November 2024 the exports of Canada have increased by C$243k (944%) from C$25.8k to C$269k, while imports increased by C$223k (19.2%) from C$1.16M to C$1.38M.

Trade In November 2024, the top exports of Canada to Laos were Other Steel Bars (C$278k), Other Small Iron Pipes (C$90.1k), Ethylene Polymers (C$46.6k), Valves (C$14.5k), and Stone Processing Machines (C$7.84k). In November 2024 the top imports of Canada from Laos were Broadcasting Equipment (C$453k), Telephones (C$383k), Other Women's Undergarments (C$313k), Knitted Hats (C$278k), and Non-Knit Men's Shirts (C$183k).

Origins In November 2024 the exports of Canada were mainly from Quebec (C$141k), British Columbia (C$98.8k), and Ontario (C$29.2k), while imports destinations were mainly Ontario (C$824k), British Columbia (C$457k), Quebec (C$88.4k), Alberta (C$11.6k), and New Brunswick (C$410).

Growth In November 2024, the increase in Canada's year-by-year exports to Laos was explained primarily by an increase in product exports in Ethylene Polymers (C$41.6k or 820%) and Surveying Equipment (C$87 or 4.12%). In November 2024, the increase in Canada's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Other Women's Undergarments (C$280k or 839%), Knitted Hats (C$262k or 1.61k%), and Non-Knit Men's Shirts (C$182k or 184k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$243k(944%)
IMPORT GROWTH (November 2023 - November 2024)C$223k(19.2%)
MAIN EXPORTER (November 2024)QuebecC$141k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Laos and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $13.5M to Laos. The main products exported from Canada to Laos were Sulfate Chemical Woodpulp ($11.9M), Other Steel Bars ($296k), and Ethylene Polymers ($264k). During the last 5 years the exports of Canada to Laos have increased at an annualized rate of 32.8%, from $3.28M in 2018 to $13.5M in 2023.

In 2018, Laos exported $25.4M to Canada. The main products exported from Laos to Canada were Hydrogen ($3.64M), Video Recording Equipment ($2.32M), and Leather Footwear ($2.27M). During the last 5 years the exports of Laos to Canada have decreased at an annualized rate of 12.9%, from $50.7M in 2023 to $25.4M in 2018.

Exports from Canada (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Canada than Laos included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Laos than Canada included Thailand ($2.99B) and Cambodia ($190M).

Difference in imports from Laos (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Laos

Flow
Scale

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

During 2023, Canada had a large net trade with Laos in the exports of Paper Goods ($12M), Metals ($521k), and Plastics and Rubbers ($282k).

During 2018, Laos had a large net trade with Canada in the exports of Textiles ($8.8M), Machines ($7.13M), and Footwear and Headwear ($4.85M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Laos+$389kEthylene Polymers
Top Product Potential Laos Canada+$6.65MTelephones

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

Product Space of Canada (Flag) and Laos (Flag) (2023)

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