2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Chile-Laos Trade: In 2022, Chile exported $312k to Laos. The main products that Chile exported to Laos were Wine ($311k) and Wood Crates ($330). Over the past 5 years the exports of Chile to Laos have decreased at an annualized rate of 25.4%, from $1.35M in 2017 to $312k in 2022.

In 2022, Chile did not export any services to Laos.

Laos-Chile Trade: In 2022, Laos exported $208k to Chile. The main products that Laos exported to Chile were Knit T-shirts ($51.7k), Knit Women's Suits ($32.1k), and Knit Sweaters ($28.7k). Over the past 5 years the exports of Laos to Chile have increased at an annualized rate of 41.9%,  from $36.2k in 2017 to $208k in 2022.

In 2022, Laos did not export any services to Chile.

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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 2022, Chile exported $312k to Laos. The main products exported from Chile to Laos were Wine ($311k) and Wood Crates ($330). During the last 5 years the exports of Chile to Laos have decreased at an annualized rate of 25.4%, from $1.35M in 2017 to $312k in 2022.

In 2017, Laos exported $208k to Chile. The main products exported from Laos to Chile were Knit T-shirts ($51.7k), Knit Women's Suits ($32.1k), and Knit Sweaters ($28.7k). During the last 5 years the exports of Laos to Chile have increased at an annualized rate of 41.9%, from $36.2k in 2022 to $208k in 2017.

Exports from Chile (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Laos
Top Destination
Thailand$3.29B

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

In 2022, countries that imported more from Chile than Laos included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Laos than Chile included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Comparative Advantage Chile - Laos

Flow
Scale

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

During 2022, Chile had a large net trade with Laos in the exports of Foodstuffs ($311k) and Wood Products ($330).

During 2017, Laos had a large net trade with Chile in the exports of Textiles ($160k), Instruments ($28.1k), and Footwear and Headwear ($8.68k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Laos+$235kWine
Top Product Potential Laos Chile+$131kKnit T-shirts

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

Product Space of Chile (Flag) and Laos (Flag) (2022)

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