Laos (LAO) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Laos-Bangladesh Trade: In 2021, Laos exported $126k to Bangladesh. The main products that Laos exported to Bangladesh were N/A. Over the past 7 years the exports of Laos to Bangladesh have decreased at an annualized rate of 2.77%, from $154k in 2014 to $126k in 2021.

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

Bangladesh-Laos Trade: In 2021, Bangladesh exported $142k to Laos. The main products that Bangladesh exported to Laos were N/A. Over the past 7 years the exports of Bangladesh to Laos have increased at an annualized rate of 40.4%, from $13.2k in 2014 to $142k in 2021.

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

Comparison: In 2022, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Laos exported $126k to Bangladesh. There were not main exports from Laos to Bangladesh in 2021. During the last 7 years the exports of Laos to Bangladesh have decreased at an annualized rate of 2.77%, from $154k in 2014 to $126k in 2021.

In 2016, Bangladesh exported $142k to Laos. There were not main exports from Bangladesh to Laos in 2016. During the last 18 years the exports of Bangladesh to Laos have increased at an annualized rate of 40.4%, from $13.2k in 1998 to $142k in 2016.

Exports from Laos () to Bangladesh () (2021)

Exports from Bangladesh () to Laos () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Laos than Bangladesh included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2022, countries that imported more from Bangladesh than Laos included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh () and Laos () (2022)

Comparative Advantage Laos - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2016, Bangladesh had a large net trade with Laos in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Laos and Bangladesh. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Bangladesh () (2021)

Exports from Bangladesh () to Laos () (2021)

Market Competitiveness

Difference in imports from Bangladesh () and Laos () (2022)

Comparative Advantage Laos - Bangladesh

Economic Complexity

Competitive Landscape

Product Space of Laos () and Bangladesh () (2021)

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