Laos (LAO) and Belize (BLZ) Trade | The Observatory of Economic Complexity

About

Laos-Belize In 2022, Laos exported $165k to Belize. The main products that Laos exported to Belize are Rolled Tobacco ($165k). During the last 11 years the exports of Laos to Belize have increased at an annualized rate of 20%, from $22.2k in 2011 to $165k in 2022.

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

Belize-Laos In 2022, Belize exported $419 to Laos. The main products that Belize exported to Laos were N/A. During the last 11 years the exports of Belize to Laos have decreased at an annualized rate of 40.5%, from $126k in 2011 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $165k to Belize. The main products exported from Laos to Belize were Rolled Tobacco ($165k). During the last 11 years the exports of Laos to Belize have increased at an annualized rate of 20%, from $22.2k in 2011 to $165k in 2022.

In 2021, Belize exported $419 to Laos. There were not main exports from Belize to Laos in 2021. During the last 11 years the exports of Belize to Laos have decreased at an annualized rate of 40.5%, from $126k in 2010 to $419 in 2021.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Belize
Top DestinationUnited 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 2021, countries that imported more from Laos than Belize were Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2021, countries that imported more from Belize than Laos were Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

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

Comparative Advantage Laos - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Laos has comparative advantage over Belize. Similarly, the more yellow a dot/product is, the more Belize has comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Laos - Belize

Economic Complexity

Competitive Landscape

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

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