2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Laos-Bosnia and Herzegovina Trade: In 2022, Laos exported $249k to Bosnia and Herzegovina. The main products that Laos exported to Bosnia and Herzegovina were Textile Footwear ($108k), Rubber Footwear ($49.5k), and Leather Footwear ($40.4k). Over the past 5 years the exports of Laos to Bosnia and Herzegovina have increased at an annualized rate of 41.2%, from $44.4k in 2017 to $249k in 2022.

In 2022, Laos did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Laos Trade: In 2022, Bosnia and Herzegovina exported $30.1k to Laos. The main products that Bosnia and Herzegovina exported to Laos were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Laos have increased at an annualized rate of 8.88%,  from $19.7k in 2017 to $30.1k in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $249k to Bosnia and Herzegovina. The main products exported from Laos to Bosnia and Herzegovina were Textile Footwear ($108k), Rubber Footwear ($49.5k), and Leather Footwear ($40.4k). During the last 5 years the exports of Laos to Bosnia and Herzegovina have increased at an annualized rate of 41.2%, from $44.4k in 2017 to $249k in 2022.

In 2016, Bosnia and Herzegovina exported $30.1k to Laos. There were not main exports from Bosnia and Herzegovina to Laos in 2016. During the last 5 years the exports of Bosnia and Herzegovina to Laos have increased at an annualized rate of 8.88%, from $19.7k in 2021 to $30.1k in 2016.

Exports from Laos (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Laos (Flag) (2022)

Latest Data

Trade between Laos (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

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

In 2022, countries that imported more from Bosnia and Herzegovina than Laos included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

Difference in imports from Bosnia and Herzegovina (Flag) and Laos (Flag) (2022)

Comparative Advantage Laos - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Laos had a large net trade with Bosnia and Herzegovina in the exports of Footwear and Headwear ($222k), Textiles ($17.1k), and Machines ($9.58k).

During 2016, Bosnia and Herzegovina had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Bosnia and Herzegovina+$91.8kLeather Footwear
Top Product Potential Bosnia and Herzegovina Laos+$1.96kRefined Petroleum

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

Product Space of Laos (Flag) and Bosnia and Herzegovina (Flag) (2022)

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