Indonesia (IDN) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Indonesia-Laos Trade: In 2023, Indonesia exported $16.7M to Laos. The main products that Indonesia exported to Laos were Other Electrical Machinery ($5.43M), Large Construction Vehicles ($2.87M), and Cars ($2.22M). Over the past 5 years the exports of Indonesia to Laos have decreased at an annualized rate of 19%, from $47.9M in 2018 to $16.7M in 2023.

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

Laos-Indonesia Trade: In 2023, Laos exported $83.2M to Indonesia. The main products that Laos exported to Indonesia were Potassic Fertilizers ($80.6M), Barium Sulphate ($738k), and Broadcasting Equipment ($533k). Over the past 5 years the exports of Laos to Indonesia have increased at an annualized rate of 25.9%, from $26.4M in 2018 to $83.2M in 2023.

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

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $16.7M to Laos. The main products exported from Indonesia to Laos were Other Electrical Machinery ($5.43M), Large Construction Vehicles ($2.87M), and Cars ($2.22M). During the last 5 years the exports of Indonesia to Laos have decreased at an annualized rate of 19%, from $47.9M in 2018 to $16.7M in 2023.

In 2018, Laos exported $83.2M to Indonesia. The main products exported from Laos to Indonesia were Potassic Fertilizers ($80.6M), Barium Sulphate ($738k), and Broadcasting Equipment ($533k). During the last 5 years the exports of Laos to Indonesia have increased at an annualized rate of 25.9%, from $26.4M in 2023 to $83.2M in 2018.

Exports from Indonesia () to Laos () (2023)

Exports from Laos () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Laos ()

Indonesia Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Indonesia than Laos included China ($70.7B), United States ($27.9B), and India ($24B).

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

Difference in imports from Laos () and Indonesia () (2023)

Comparative Advantage Indonesia - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Laos in the exports of Machines ($9.65M), Transportation ($2.35M), and Textiles ($2.19M).

During 2018, Laos had a large net trade with Indonesia in the exports of Chemical Products ($80.6M), Machines ($928k), and Mineral Products ($738k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Laos+$3.92MOther Electrical Machinery

Top Product Potential Laos Indonesia+$2.42MDissolving Grades Chemical Woodpulp

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Laos () (2023)

Exports from Laos () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Laos ()

Indonesia Exports

Laos Exports

Market Competitiveness

Difference in imports from Laos () and Indonesia () (2023)

Comparative Advantage Indonesia - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Laos () (2023)

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