Laos (LAO) and Belarus (BLR) Trade | The Observatory of Economic Complexity

About

Laos-Belarus Trade: In 2021, Laos exported $86.8k to Belarus. The main products that Laos exported to Belarus were N/A. Over the past 5 years the exports of Laos to Belarus have increased at an annualized rate of 47.8%, from $12.3k in 2016 to $86.8k in 2021.

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

Belarus-Laos Trade: In 2021, Belarus exported $34.8k to Laos. The main products that Belarus exported to Laos were N/A. Over the past 5 years the exports of Belarus to Laos have decreased at an annualized rate of 57.4%, from $2.48M in 2016 to $34.8k in 2021.

In 2014, Belarus exported services to Laos worth $300, with Government services, n.i.e. ($300) being the largest in terms of value.

Comparison: In 2022, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Laos exported $86.8k to Belarus. There were not main exports from Laos to Belarus in 2021. During the last 5 years the exports of Laos to Belarus have increased at an annualized rate of 47.8%, from $12.3k in 2016 to $86.8k in 2021.

In 2016, Belarus exported $34.8k to Laos. There were not main exports from Belarus to Laos in 2016. During the last 5 years the exports of Belarus to Laos have decreased at an annualized rate of 57.4%, from $2.48M in 2021 to $34.8k in 2016.

Exports from Laos () to Belarus () (2021)

Exports from Belarus () to Laos () (2021)

Latest Data

Trade between Laos () and Belarus ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Belarus
Top DestinationChina$1.6B

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

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

In 2022, countries that imported more from Belarus than Laos included Ukraine ($1.29B), Poland ($933M), and Kazakhstan ($827M).

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

Comparative Advantage Laos - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Belarus+$2.29kTelephones

Top Product Potential Belarus Laos+$2.18kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Belarus () (2021)

Exports from Belarus () to Laos () (2021)

Latest Data

Trade between Laos () and Belarus ()

Belarus Exports

Market Competitiveness

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

Comparative Advantage Laos - Belarus

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring