Laos (LAO) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Laos-Switzerland Trade: In 2022, Laos exported $99.3M to Switzerland. The main products that Laos exported to Switzerland were Gold ($75.3M), Non-Knit Men's Suits ($7.17M), and Leather Footwear ($3.6M). Over the past 5 years the exports of Laos to Switzerland have increased at an annualized rate of 25.3%, from $32.1M in 2017 to $99.3M in 2022.

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

Switzerland-Laos Trade: In 2022, Switzerland exported $5.71M to Laos. The main products that Switzerland exported to Laos were Base Metal Watches ($3.82M), Vaccines, blood, antisera, toxins and cultures ($280k), and Precious Metal Watches ($244k). Over the past 5 years the exports of Switzerland to Laos have decreased at an annualized rate of 6.61%, from $12.1M in 2017 to $5.71M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $99.3M to Switzerland. The main products exported from Laos to Switzerland were Gold ($75.3M), Non-Knit Men's Suits ($7.17M), and Leather Footwear ($3.6M). During the last 5 years the exports of Laos to Switzerland have increased at an annualized rate of 25.3%, from $32.1M in 2017 to $99.3M in 2022.

In 2017, Switzerland exported $5.71M to Laos. The main products exported from Switzerland to Laos were Base Metal Watches ($3.82M), Vaccines, blood, antisera, toxins and cultures ($280k), and Precious Metal Watches ($244k). During the last 5 years the exports of Switzerland to Laos have decreased at an annualized rate of 6.61%, from $12.1M in 2022 to $5.71M in 2017.

Exports from Laos () to Switzerland () (2022)

Exports from Switzerland () to Laos () (2022)

Latest Data

Trade between Laos () and Switzerland ()

Laos Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from Laos than Switzerland included Vietnam ($978M).

In 2022, countries that imported more from Switzerland than Laos included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Laos - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Switzerland in the exports of Precious Metals ($75.4M), Textiles ($18.1M), and Footwear and Headwear ($4.65M).

During 2017, Switzerland had a large net trade with Laos in the exports of Instruments ($4.2M), Machines ($765k), and Chemical Products ($387k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Switzerland+$42.7MGold

Top Product Potential Switzerland Laos+$797kVaccines, blood, antisera, toxins and cultures

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.

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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 Switzerland. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Switzerland () (2022)

Exports from Switzerland () to Laos () (2022)

Latest Data

Trade between Laos () and Switzerland ()

Laos Exports

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Laos - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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