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2021
Flag → Flag
Exports $29.7kRnk 73 / 0
2021
Flag → Flag
Exports $46Rnk 124 / 125
2021
Flag → Flag
Top Product $46Knit Men's Shirts
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Croatia-Laos Trade: In 2021, Croatia exported $29.7k to Laos. The main products that Croatia exported to Laos were N/A. Over the past 6 years the exports of Croatia to Laos have increased at an annualized rate of 7.19%, from $19.6k in 2015 to $29.7k in 2021.

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

Laos-Croatia Trade: In 2021, Laos exported $46 to Croatia. The main products that Laos exported to Croatia were Knit Men's Shirts ($46). Over the past 6 years the exports of Laos to Croatia have decreased at an annualized rate of 80.8%,  from $175k in 2015 to $46 in 2021.

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

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). 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
Value

In 2021, Croatia exported $29.7k to Laos. There were not main exports from Croatia to Laos in 2021. During the last 6 years the exports of Croatia to Laos have increased at an annualized rate of 7.19%, from $19.6k in 2015 to $29.7k in 2021.

In 2017, Laos exported $46 to Croatia. The main products exported from Laos to Croatia were Knit Men's Shirts ($46). During the last 5 years the exports of Laos to Croatia have decreased at an annualized rate of 80.8%, from $175k in 2022 to $46 in 2017.

Exports from Croatia (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Croatia (Flag) (2022)

Latest Data

Trade between Croatia (Flag) and Laos (Flag)

Croatia Exports

Laos Exports

Date

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Croatia than Laos included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

Difference in imports from Laos (Flag) and Croatia (Flag) (2022)

Comparative Advantage Croatia - Laos

Flow
Scale

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

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

During 2017, Laos had a large net trade with Croatia in the exports of Textiles ($46).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Laos+$3.32kRefined Petroleum
Top Product Potential Laos Croatia+$5.04kElectricity

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

Product Space of Croatia (Flag) and Laos (Flag) (2022)

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