Cuba (CUB) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Cuba-Laos Trade: In 2021, Cuba exported $500 to Laos. The main products that Cuba exported to Laos were N/A. Over the past 8 years the exports of Cuba to Laos have decreased at an annualized rate of 20.3%, from $3.06k in 2013 to $500 in 2021.

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

Laos-Cuba In N/A, Laos did not export any products to Cuba.

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

Comparison In 2022, Cuba ranked 161 in total exports ($1.07B), 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, Cuba exported $500 to Laos. There were not main exports from Cuba to Laos in 2021. During the last 8 years the exports of Cuba to Laos have decreased at an annualized rate of 20.3%, from $3.06k in 2013 to $500 in 2021.

Laos does not register exports to Cuba.

Exports from Cuba () to Laos () (2021)

Exports from Laos () to Cuba () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cuba
Top DestinationChina$426M

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Cuba than Laos included Spain ($139M), Cyprus ($31.2M), and Macau ($28.9M).

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

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

Comparative Advantage Cuba - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cuba () to Laos () (2021)

Exports from Laos () to Cuba () (2021)

Market Competitiveness

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

Comparative Advantage Cuba - Laos

Economic Complexity

Competitive Landscape

Product Space of Cuba () and Laos () (2021)

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