2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 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
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Laos-Belize Trade: In 2022, Laos exported $165k to Belize. The main products that Laos exported to Belize were Rolled Tobacco ($165k). Over the past 5 years the exports of Laos to Belize have increased at an annualized rate of 4.82%, from $131k in 2017 to $165k in 2022.

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

Belize-Laos Trade: In 2022, Belize exported $419 to Laos. The main products that Belize exported to Laos were N/A. Over the past 5 years the exports of Belize to Laos have decreased at an annualized rate of 52.1%,  from $16.6k in 2017 to $419 in 2022.

In 2022, Belize 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, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $165k to Belize. The main products exported from Laos to Belize were Rolled Tobacco ($165k). During the last 5 years the exports of Laos to Belize have increased at an annualized rate of 4.82%, from $131k in 2017 to $165k in 2022.

In 2016, Belize exported $419 to Laos. There were not main exports from Belize to Laos in 2016. During the last 5 years the exports of Belize to Laos have decreased at an annualized rate of 52.1%, from $16.6k in 2021 to $419 in 2016.

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

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

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Belize
Top Destination
United States$86.5M

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

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

In 2022, countries that imported more from Belize than Laos included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

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

Comparative Advantage Laos - Belize

Flow
Scale

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

During 2022, Laos had a large net trade with Belize in the exports of Foodstuffs ($165k).

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

Economic Complexity

Competitive Landscape

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

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

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