2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Laos-Canada In 2022, Laos exported $30.1M to Canada. The main products that Laos exported to Canada are Hydrogen ($6.83M), Video Recording Equipment ($3.58M), and Broadcasting Equipment ($2.91M). During the last 27 years the exports of Laos to Canada have increased at an annualized rate of 10.8%, from $1.9M in 1995 to $30.1M in 2022.

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

Canada-Laos In 2022, Canada exported $3.17M to Laos. The main products that Canada exported to Laos were Recovered Paper ($948k), Scrap Iron ($463k), and Hydrogen ($389k). During the last 27 years the exports of Canada to Laos have increased at an annualized rate of 7.79%, from $418k in 1995 to $3.17M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $30.1M to Canada. The main products exported from Laos to Canada were Hydrogen ($6.83M), Video Recording Equipment ($3.58M), and Broadcasting Equipment ($2.91M). During the last 27 years the exports of Laos to Canada have increased at an annualized rate of 10.8%, from $1.9M in 1995 to $30.1M in 2022.

In 2022, Canada exported $3.17M to Laos. The main products exported from Canada to Laos were Recovered Paper ($948k), Scrap Iron ($463k), and Hydrogen ($389k). During the last 27 years the exports of Canada to Laos have increased at an annualized rate of 7.79%, from $418k in 1995 to $3.17M in 2022.

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

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

Latest Data

Trade between Laos (Flag) and Canada (Flag)

Laos Exports

Canada Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Laos than Canada were Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

In 2021, countries that imported more from Canada than Laos were United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Laos - Canada

Flow
Scale

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

During 2022, Laos had a large net trade with Canada in the exports of Machines ($9.73M), Textiles ($9.17M), and Chemical Products ($6.83M).

During 2022, Canada had a large net trade with Laos in the exports of Paper Goods ($950k), Metals ($820k), and Chemical Products ($465k).

Economic Complexity

Competitive Landscape

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 Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Laos.

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

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