2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 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
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Laos-Ethiopia Trade: In 2023, Laos exported $44.5k to Ethiopia. The main products that Laos exported to Ethiopia were Broadcasting Equipment ($38k), Microphones and Headphones ($3.18k), and Video Displays ($2.78k). Over the past 8 years the exports of Laos to Ethiopia have increased at an annualized rate of 31.9%, from $4.84k in 2015 to $44.5k in 2023.

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

Ethiopia-Laos Trade: In 2023, Ethiopia exported $60k to Laos. The main products that Ethiopia exported to Laos were N/A. Over the past 8 years the exports of Ethiopia to Laos have decreased at an annualized rate of 2.11%,  from $66.7k in 2015 to $60k in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $44.5k to Ethiopia. The main products exported from Laos to Ethiopia were Broadcasting Equipment ($38k), Microphones and Headphones ($3.18k), and Video Displays ($2.78k). During the last 8 years the exports of Laos to Ethiopia have increased at an annualized rate of 31.9%, from $4.84k in 2015 to $44.5k in 2023.

In 2016, Ethiopia exported $60k to Laos. There were not main exports from Ethiopia to Laos in 2016. During the last 5 years the exports of Ethiopia to Laos have decreased at an annualized rate of 2.11%, from $66.7k in 2021 to $60k in 2016.

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

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

Latest Data

Trade between Laos (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Ethiopia
Top Destination
United States$487M

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

In 2023, countries that imported more from Laos than Ethiopia included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

In 2023, countries that imported more from Ethiopia than Laos included United Arab Emirates ($314M), Saudi Arabia ($304M), and United States ($487M).

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

Comparative Advantage Laos - Ethiopia

Flow
Scale

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

During 2023, Laos had a large net trade with Ethiopia in the exports of Machines ($44.5k) and Footwear and Headwear ($14).

During 2016, Ethiopia had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Ethiopia+$13.8kRolled Tobacco
Top Product Potential Ethiopia Laos+$3.32kGold

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

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

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