Laos (LAO) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Laos-Barbados Trade: In 2019, Laos exported $9.36k to Barbados. The main products that Laos exported to Barbados were N/A. Over the past 5 years the exports of Laos to Barbados have increased at an annualized rate of 267%, from $14 in 2014 to $9.36k in 2019.

In 2019, Laos did not export any services to Barbados.

Barbados-Laos Trade: In 2019, Barbados exported $3.68k to Laos. The main products that Barbados exported to Laos were N/A. Over the past 5 years the exports of Barbados to Laos have decreased at an annualized rate of 5.57%, from $5.82k in 2014 to $3.68k in 2019.

In 2019, Barbados 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, Barbados ranked 176 in total exports ($393M), 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 2019, Laos exported $9.36k to Barbados. There were not main exports from Laos to Barbados in 2019. During the last 5 years the exports of Laos to Barbados have increased at an annualized rate of 267%, from $14 in 2014 to $9.36k in 2019.

In 2012, Barbados exported $3.68k to Laos. There were not main exports from Barbados to Laos in 2012. During the last 5 years the exports of Barbados to Laos have decreased at an annualized rate of 5.57%, from $5.82k in 2017 to $3.68k in 2012.

Exports from Laos () to Barbados () (2019)

Exports from Barbados () to Laos () (2019)

Latest Data

Trade between Laos () and Barbados ()

Barbados Exports

Date

Dec 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Barbados
Top DestinationUnited States$88.6M

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

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

In 2022, countries that imported more from Barbados than Laos included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

Comparative Advantage Laos - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Laos had a large net trade with Barbados in the exports of .

During 2012, Barbados had a large net trade with Laos in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Barbados () (2019)

Exports from Barbados () to Laos () (2019)

Latest Data

Trade between Laos () and Barbados ()

Barbados Exports

Market Competitiveness

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

Comparative Advantage Laos - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Barbados () (2019)

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