2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC 
$2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Laos-Germany Trade: In 2023, Laos exported $188M to Germany. The main products that Laos exported to Germany were Non-Knit Men's Suits ($51.2M), Knit T-shirts ($25.5M), and Knit Women's Suits ($19.3M). Over the past 5 years the exports of Laos to Germany have increased at an annualized rate of 10.9%, from $112M in 2018 to $188M in 2023.

In 2023, Laos did not export any services to Germany.

Germany-Laos Trade: In 2023, Germany exported $44.2M to Laos. The main products that Germany exported to Laos were Cars ($4.16M), Other Edible Preparations ($3.82M), and Industrial Printers ($3.61M). Over the past 5 years the exports of Germany to Laos have increased at an annualized rate of 1%,  from $42.1M in 2018 to $44.2M in 2023.

In 2023, Germany did not export any services to Laos.

Comparison: In 2023,  Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $188M to Germany. The main products exported from Laos to Germany were Non-Knit Men's Suits ($51.2M), Knit T-shirts ($25.5M), and Knit Women's Suits ($19.3M). During the last 5 years the exports of Laos to Germany have increased at an annualized rate of 10.9%, from $112M in 2018 to $188M in 2023.

In 2018, Germany exported $44.2M to Laos. The main products exported from Germany to Laos were Cars ($4.16M), Other Edible Preparations ($3.82M), and Industrial Printers ($3.61M). During the last 5 years the exports of Germany to Laos have increased at an annualized rate of 1%, from $42.1M in 2023 to $44.2M in 2018.

Exports from Laos (Flag) to Germany (Flag) (2023)

Exports from Germany (Flag) to Laos (Flag) (2023)

Latest Data

Trade between Laos (Flag) and Germany (Flag)

Laos Exports

Germany Exports

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Germany
Top Destination
United States$157B

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

In 2023, no countries were registered that imported more from Laos than from Germany.

In 2023, countries that imported more from Germany than Laos included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany (Flag) and Laos (Flag) (2023)

Comparative Advantage Laos - Germany

Flow
Scale

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

During 2023, Laos had a large net trade with Germany in the exports of Textiles ($143M), Footwear and Headwear ($20M), and Machines ($13.8M).

During 2018, Germany had a large net trade with Laos in the exports of Machines ($20.2M), Foodstuffs ($5.59M), and Transportation ($4.35M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Germany+$9.22MTelephones
Top Product Potential Germany Laos+$6.75MCars

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

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

Product Space of Laos (Flag) and Germany (Flag) (2023)

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