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2021
Flag → Flag
Exports $9.8kRnk 59 / 0
2021
Flag → Flag
Exports $57.7MRnk 37 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Iran-Laos Trade: In 2021, Iran exported $9.8k to Laos. The main products that Iran exported to Laos were N/A. Over the past 23 years the exports of Iran to Laos have decreased at an annualized rate of 1.92%, from $15.3k in 1998 to $9.8k in 2021.

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

Laos-Iran In N/A, Laos did not export any products to Iran.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $9.8k to Laos. There were not main exports from Iran to Laos in 2021. During the last 23 years the exports of Iran to Laos have decreased at an annualized rate of 1.92%, from $15.3k in 1998 to $9.8k in 2021.

Laos does not register exports to Iran.

Exports from Iran (Flag) to Laos (Flag) (2021)

Exports from Laos (Flag) to Iran (Flag) (2021)

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Iran than Laos included Turkey ($2.18B), China ($4.59B), and Pakistan ($943M).

In 2023, countries that imported more from Laos than Iran included Thailand ($2.99B), Australia ($367M), and United States ($306M).

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

Comparative Advantage Iran - Laos

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Laos+$2.92kRefined Petroleum
Top Product Potential Laos Iran+$4.53kTelephones

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

Product Space of Iran (Flag) and Laos (Flag) (2021)

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