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2023
Flag → Flag
Exports $44.2MRnk 155 / 220
2023
Flag → Flag
Top Product $4.16MCars
2023
Flag → Flag
Exports $188MRnk 6 / 120
2023
Flag → Flag
Top Product $51.2MNon-Knit Men's Suits
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
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Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
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GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
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GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
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GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Germany-Laos Trade: In 2023, Germany exported $44.2M to Laos. The main products that Germany exported to Laos were Cars ($4.16M), Other Edible Preparations ($3.82M), and Industrial Printers ($3.61M). Over the past 5 years the exports of Germany to Laos have increased at an annualized rate of 1%, from $42.1M in 2018 to $44.2M in 2023.

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

Laos-Germany Trade: In 2023, Laos exported $188M to Germany. The main products that Laos exported to Germany were Non-Knit Men's Suits ($51.2M), Knit T-shirts ($25.5M), and Knit Women's Suits ($19.3M). Over the past 5 years the exports of Laos to Germany have increased at an annualized rate of 5.93%,  from $112M in 2018 to $188M in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). 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, Germany exported €1.72M and imported €30M from Laos, resulting in a negative trade balance of €28.3M. Between November 2023 and November 2024 the exports of Germany have decreased by €-1.65M (-49%) from €3.38M to €1.72M, while imports increased by €10.7M (55.8%) from €19.2M to €30M.

Trade In November 2024, the top exports of Germany to Laos were Other electric machinery, apparatus and appliances (€367k), Perfumes and toilet preparations (€289k), Hop (€252k), Other machinery (€165k), and Fish meal, meat meal and similar... (€154k). In November 2024 the top imports of Germany from Laos were Apparel of silk, man-made fibres, excl.... (€6.32M), Apparel of knitted, crocheted silk, man-made... (€3.12M), Footwear (€1.16M), Apparel of knitted or crocheted fabrics... (€1.15M), and Telecommunication devices and apparatus (€742k).

Origins In November 2024 the exports of Germany were mainly from North Rhine-Westphalia (€593k), Rhineland-Pfalz (€120k), Lower Saxony (€102k), Bavaria (€75k), and Baden-Württemberg (€54k), while imports destinations were mainly Hamburg (€8.69M), North Rhine-Westphalia (€7.56M), Bremen (€4.17M), Hesse (€3.28M), and Bavaria (€1.9M).

Growth In November 2024, the decrease in Germany's year-by-year exports to Laos was explained primarily by an decrease in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€-646k or -98.9%), Malt (€-156k or -80%), and Other prefabricated chemicals (€-52k or -96.3%). In November 2024, the increase in Germany's year-by-year imports  from Laos was explained primarily by an increase in product imports  in Apparel of silk, man-made fibres, excl.... (€1.94M or 44.2%), Apparel of knitted, crocheted silk, man-made... (€1.53M or 95.9%), and Telecommunication devices and apparatus (€704k or 1.85k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-1.65M(-49%)
IMPORT GROWTH (November 2023 - November 2024)€10.7M(55.8%)
MAIN EXPORTER (November 2024)North Rhine-Westphalia€593k

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

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

For full datasets download visit Bulk Download page.

Explore Laos and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $44.2M to Laos. The main products exported from Germany to Laos were Cars ($4.16M), Other Edible Preparations ($3.82M), and Industrial Printers ($3.61M). During the last 5 years the exports of Germany to Laos have increased at an annualized rate of 1%, from $42.1M in 2018 to $44.2M in 2023.

In 2018, Laos exported $188M to Germany. The main products exported from Laos to Germany were Non-Knit Men's Suits ($51.2M), Knit T-shirts ($25.5M), and Knit Women's Suits ($19.3M). During the last 5 years the exports of Laos to Germany have increased at an annualized rate of 5.93%, from $112M in 2023 to $188M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Germany than Laos included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Laos than from Germany.

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

Comparative Advantage Germany - Laos

Flow
Scale

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

During 2023, Germany had a large net trade with Laos in the exports of Machines ($20.2M), Foodstuffs ($5.59M), and Transportation ($4.35M).

During 2018, Laos had a large net trade with Germany in the exports of Textiles ($143M), Footwear and Headwear ($20M), and Machines ($13.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Laos+$6.75MCars
Top Product Potential Laos Germany+$9.22MTelephones

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

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

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