Switzerland (CHE) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Switzerland-Laos Trade: In 2023, Switzerland exported $5.94M to Laos. The main products that Switzerland exported to Laos were Base Metal Watches ($4.52M), Packaged Medicaments ($160k), and Vaccines, blood, antisera, toxins and cultures ($154k). Over the past 5 years the exports of Switzerland to Laos have decreased at an annualized rate of 1.03%, from $6.26M in 2018 to $5.94M in 2023.

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

Laos-Switzerland Trade: In 2023, Laos exported $85M to Switzerland. The main products that Laos exported to Switzerland were Gold ($59.6M), Non-Knit Men's Suits ($7.43M), and Leather Footwear ($3.33M). Over the past 5 years the exports of Laos to Switzerland have increased at an annualized rate of 9.93%, from $52.9M in 2018 to $85M in 2023.

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

Comparison: In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Switzerland exported $5.94M to Laos. The main products exported from Switzerland to Laos were Base Metal Watches ($4.52M), Packaged Medicaments ($160k), and Vaccines, blood, antisera, toxins and cultures ($154k). During the last 5 years the exports of Switzerland to Laos have decreased at an annualized rate of 1.03%, from $6.26M in 2018 to $5.94M in 2023.

In 2018, Laos exported $85M to Switzerland. The main products exported from Laos to Switzerland were Gold ($59.6M), Non-Knit Men's Suits ($7.43M), and Leather Footwear ($3.33M). During the last 5 years the exports of Laos to Switzerland have increased at an annualized rate of 9.93%, from $52.9M in 2023 to $85M in 2018.

Exports from Switzerland () to Laos () (2023)

Exports from Laos () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Laos ()

Switzerland Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Switzerland than Laos included Germany ($53.8B), United States ($45.1B), and China ($47.7B).

In 2023, countries that imported more from Laos than Switzerland included Cambodia ($190M).

Difference in imports from Laos () and Switzerland () (2023)

Comparative Advantage Switzerland - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Laos in the exports of Instruments ($4.73M), Machines ($648k), and Chemical Products ($317k).

During 2018, Laos had a large net trade with Switzerland in the exports of Precious Metals ($59.6M), Textiles ($20.2M), and Footwear and Headwear ($4.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Laos+$797kVaccines, blood, antisera, toxins and cultures

Top Product Potential Laos Switzerland+$42.7MGold

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Laos () (2023)

Exports from Laos () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Laos ()

Switzerland Exports

Laos Exports

Market Competitiveness

Difference in imports from Laos () and Switzerland () (2023)

Comparative Advantage Switzerland - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Laos () (2023)

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