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Pricing

2022
Flag → Flag
Exports $360kRnk 149 / 187
2022
Flag → Flag
Top Product $336kOther Measuring Instruments
2022
Flag → Flag
Exports $280kRnk 63 / 125
2022
Flag → Flag
Top Product $277kFake Hair
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 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 $54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Israel-Laos Trade: In 2022, Israel exported $360k to Laos. The main products that Israel exported to Laos were Other Measuring Instruments ($336k), Soap ($17k), and Sowing Seeds ($4k). Over the past 5 years the exports of Israel to Laos have decreased at an annualized rate of 27.8%, from $1.84M in 2017 to $360k in 2022.

In 2022, Israel did not export any services to Laos.

Laos-Israel Trade: In 2022, Laos exported $280k to Israel. The main products that Laos exported to Israel were Fake Hair ($277k), Other Knit Garments ($1k), and Leather Footwear ($1k). Over the past 5 years the exports of Laos to Israel have increased at an annualized rate of 64.7%,  from $23.1k in 2017 to $280k in 2022.

In 2022, Laos did not export any services to Israel.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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 2022, Israel exported $360k to Laos. The main products exported from Israel to Laos were Other Measuring Instruments ($336k), Soap ($17k), and Sowing Seeds ($4k). During the last 5 years the exports of Israel to Laos have decreased at an annualized rate of 27.8%, from $1.84M in 2017 to $360k in 2022.

In 2017, Laos exported $280k to Israel. The main products exported from Laos to Israel were Fake Hair ($277k), Other Knit Garments ($1k), and Leather Footwear ($1k). During the last 5 years the exports of Laos to Israel have increased at an annualized rate of 64.7%, from $23.1k in 2022 to $280k in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Laos (Flag)

Israel Exports

Date

Laos Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Israel than Laos included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Laos than Israel included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Comparative Advantage Israel - Laos

Flow
Scale

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

During 2022, Israel had a large net trade with Laos in the exports of Instruments ($336k), Chemical Products ($17k), and Vegetable Products ($5k).

During 2017, Laos had a large net trade with Israel in the exports of Footwear and Headwear ($278k), Textiles ($1k), and Machines ($1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Laos+$242kOther Measuring Instruments
Top Product Potential Laos Israel+$24.4kFake Hair

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

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

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