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Pricing

2023
Flag → Flag
Exports $9.89kRnk 104 / 120
2023
Flag → Flag
Top Product $9.89kTrunks and Cases
2023
Flag → Flag
Exports $504kRnk 78 / 120
2023
Flag → Flag
Top Product $59.5kUsed Clothing
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC $2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195

About

Laos-Benin Trade: In 2023, Laos exported $9.89k to Benin. The main products that Laos exported to Benin were Trunks and Cases ($9.89k). Over the past 11 years the exports of Laos to Benin have increased at an annualized rate of 17.4%, from $1.69k in 2012 to $9.89k in 2023.

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

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

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

Comparison: In 2023,  Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Market Competitiveness

Color
Laos
Top DestinationChina$3.41B
Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Laos than Benin included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

In 2023, countries that imported more from Benin than Laos included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Laos Benin+$2.68kElectricity
Top Product Potential Benin Laos+$2.7kGold

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

Product Space of Laos (Flag) and Benin (Flag) (NaN)

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