2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Ethiopia-Laos Trade: In 2021, Ethiopia exported $60k to Laos. The main products that Ethiopia exported to Laos were N/A. Over the past 8 years the exports of Ethiopia to Laos have increased at an annualized rate of 74.2%, from $708 in 2013 to $60k in 2021.

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

Laos-Ethiopia Trade: In 2021, Laos exported $44.5k to Ethiopia. The main products that Laos exported to Ethiopia were Broadcasting Equipment ($38k), Microphones and Headphones ($3.18k), and Video Displays ($2.78k). Over the past 8 years the exports of Laos to Ethiopia have decreased at an annualized rate of 6.81%,  from $196k in 2013 to $44.5k in 2021.

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

Comparison: In 2023,  Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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
Value

In 2021, Ethiopia exported $60k to Laos. There were not main exports from Ethiopia to Laos in 2021. During the last 8 years the exports of Ethiopia to Laos have increased at an annualized rate of 74.2%, from $708 in 2013 to $60k in 2021.

In 2018, Laos exported $44.5k to Ethiopia. The main products exported from Laos to Ethiopia were Broadcasting Equipment ($38k), Microphones and Headphones ($3.18k), and Video Displays ($2.78k). During the last 5 years the exports of Laos to Ethiopia have decreased at an annualized rate of 6.81%, from $196k in 2023 to $44.5k in 2018.

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

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

Latest Data

Trade between Ethiopia (Flag) and Laos (Flag)

Ethiopia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Laos
Top Destination
China$3.41B

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

In 2023, countries that imported more from Ethiopia than Laos included United Arab Emirates ($314M), Saudi Arabia ($304M), and United States ($487M).

In 2023, countries that imported more from Laos than Ethiopia included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

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

Comparative Advantage Ethiopia - Laos

Flow
Scale

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

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

During 2018, Laos had a large net trade with Ethiopia in the exports of Machines ($44.5k) and Footwear and Headwear ($14).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Laos+$3.32kGold
Top Product Potential Laos Ethiopia+$13.8kRolled Tobacco

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with