Hong Kong (HKG) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Hong Kong-Laos Trade: In 2023, Hong Kong exported $14.4M to Laos. The main products that Hong Kong exported to Laos were Zippers ($1.67M), Labels ($1.52M), and Computers ($1.41M). Over the past 5 years the exports of Hong Kong to Laos have decreased at an annualized rate of 14.8%, from $31.9M in 2018 to $14.4M in 2023.

In 2023, Hong Kong did not export any services to Laos.

Laos-Hong Kong Trade: In 2023, Laos exported $63.8M to Hong Kong. The main products that Laos exported to Hong Kong were Gold ($61.5M), Other Prepared Meat ($1.13M), and Electrical Resistors ($270k). Over the past 5 years the exports of Laos to Hong Kong have increased at an annualized rate of 11.2%, from $37.5M in 2018 to $63.8M in 2023.

In 2023, Laos did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $14.4M to Laos. The main products exported from Hong Kong to Laos were Zippers ($1.67M), Labels ($1.52M), and Computers ($1.41M). During the last 5 years the exports of Hong Kong to Laos have decreased at an annualized rate of 14.8%, from $31.9M in 2018 to $14.4M in 2023.

In 2018, Laos exported $63.8M to Hong Kong. The main products exported from Laos to Hong Kong were Gold ($61.5M), Other Prepared Meat ($1.13M), and Electrical Resistors ($270k). During the last 5 years the exports of Laos to Hong Kong have increased at an annualized rate of 11.2%, from $37.5M in 2023 to $63.8M in 2018.

Exports from Hong Kong () to Laos () (2023)

Exports from Laos () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Laos ()

Hong Kong Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Hong Kong than Laos included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Laos than Hong Kong included Thailand ($2.99B).

Difference in imports from Laos () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Laos in the exports of Textiles ($4.99M), Machines ($3.81M), and Miscellaneous ($2.97M).

During 2018, Laos had a large net trade with Hong Kong in the exports of Precious Metals ($61.5M), Foodstuffs ($1.3M), and Machines ($393k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Laos+$1.64MTelephones

Top Product Potential Laos Hong Kong+$49.8MGold

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

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Laos () (2023)

Exports from Laos () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Laos ()

Hong Kong Exports

Laos Exports

Market Competitiveness

Difference in imports from Laos () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Laos () (2023)

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