Czechia (CZE) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Czechia-Laos Trade: In 2022, Czechia exported $1.38M to Laos. The main products that Czechia exported to Laos were Gas Turbines ($670k), Computers ($222k), and Valves ($163k). Over the past 5 years the exports of Czechia to Laos have decreased at an annualized rate of 49.7%, from $42.8M in 2017 to $1.38M in 2022.

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

Laos-Czechia Trade: In 2022, Laos exported $31M to Czechia. The main products that Laos exported to Czechia were Video Recording Equipment ($16M), Video Displays ($6.23M), and Knit Men's Undergarments ($2.2M). Over the past 5 years the exports of Laos to Czechia have increased at an annualized rate of 54%, from $3.57M in 2017 to $31M in 2022.

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

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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 2022, Czechia exported $1.38M to Laos. The main products exported from Czechia to Laos were Gas Turbines ($670k), Computers ($222k), and Valves ($163k). During the last 5 years the exports of Czechia to Laos have decreased at an annualized rate of 49.7%, from $42.8M in 2017 to $1.38M in 2022.

In 2017, Laos exported $31M to Czechia. The main products exported from Laos to Czechia were Video Recording Equipment ($16M), Video Displays ($6.23M), and Knit Men's Undergarments ($2.2M). During the last 5 years the exports of Laos to Czechia have increased at an annualized rate of 54%, from $3.57M in 2022 to $31M in 2017.

Exports from Czechia () to Laos () (2022)

Exports from Laos () to Czechia () (2022)

Latest Data

Trade between Czechia () and Laos ()

Czechia Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Czechia than Laos included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

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

Comparative Advantage Czechia - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Laos in the exports of Machines ($1.2M), Plastics and Rubbers ($75.7k), and Metals ($38.8k).

During 2017, Laos had a large net trade with Czechia in the exports of Machines ($23.8M), Textiles ($6.01M), and Footwear and Headwear ($933k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Laos+$749kComputers

Top Product Potential Laos Czechia+$6.07MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Laos () (2022)

Exports from Laos () to Czechia () (2022)

Latest Data

Trade between Czechia () and Laos ()

Czechia Exports

Laos Exports

Market Competitiveness

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

Comparative Advantage Czechia - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Laos () (2022)

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