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Pricing

2022
Flag → Flag
Exports $13.3MRnk 173 / 221
2022
Flag → Flag
Top Product $4.22MPig Meat
2022
Flag → Flag
Exports $9.35MRnk 31 / 125
2022
Flag → Flag
Top Product $2.65MTextile Footwear
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Italy-Laos Trade: In 2022, Italy exported $13.3M to Laos. The main products that Italy exported to Laos were Pig Meat ($4.22M), Recovered Paper ($3.3M), and Tanned Equine and Bovine Hides ($1.39M). Over the past 5 years the exports of Italy to Laos have decreased at an annualized rate of 9.97%, from $22.5M in 2017 to $13.3M in 2022.

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

Laos-Italy Trade: In 2022, Laos exported $9.35M to Italy. The main products that Laos exported to Italy were Textile Footwear ($2.65M), Knit Men's Undergarments ($2.49M), and Knit T-shirts ($1.36M). Over the past 5 years the exports of Laos to Italy have decreased at an annualized rate of 18.9%,  from $26.7M in 2017 to $9.35M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Laos, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Laos were N/A. In N/A the top imports of Italy from Laos were .

Growth In N/A, the N/A in Italy's year-by-year exports to Laos was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Laos and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $13.3M to Laos. The main products exported from Italy to Laos were Pig Meat ($4.22M), Recovered Paper ($3.3M), and Tanned Equine and Bovine Hides ($1.39M). During the last 5 years the exports of Italy to Laos have decreased at an annualized rate of 9.97%, from $22.5M in 2017 to $13.3M in 2022.

In 2017, Laos exported $9.35M to Italy. The main products exported from Laos to Italy were Textile Footwear ($2.65M), Knit Men's Undergarments ($2.49M), and Knit T-shirts ($1.36M). During the last 5 years the exports of Laos to Italy have decreased at an annualized rate of 18.9%, from $26.7M in 2022 to $9.35M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Italy than Laos included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Laos

Flow
Scale

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

During 2022, Italy had a large net trade with Laos in the exports of Animal Products ($4.38M), Paper Goods ($3.3M), and Textiles ($2.43M).

During 2017, Laos had a large net trade with Italy in the exports of Textiles ($4.56M), Footwear and Headwear ($3.3M), and Vegetable Products ($1.47M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Laos+$733kLeather of Other Animals
Top Product Potential Laos Italy+$2.01MCoffee

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

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

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