2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 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
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Laos-Gabon Trade: In 2021, Laos exported $49 to Gabon. The main products that Laos exported to Gabon were N/A. Over the past 7 years the exports of Laos to Gabon have decreased at an annualized rate of 65.6%, from $85.4k in 2014 to $49 in 2021.

In 2021, Laos did not export any services to Gabon.

Gabon-Laos In N/A, Gabon did not export any products to Laos.

In 2021, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $49 to Gabon. There were not main exports from Laos to Gabon in 2021. During the last 7 years the exports of Laos to Gabon have decreased at an annualized rate of 65.6%, from $85.4k in 2014 to $49 in 2021.

Gabon does not register exports to Laos.

Exports from Laos (Flag) to Gabon (Flag) (2021)

Exports from Gabon (Flag) to Laos (Flag) (2021)

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Laos than Gabon included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).

In 2022, countries that imported more from Gabon than Laos included China ($3.4B), Italy ($576M), and South Korea ($617M).

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

Comparative Advantage Laos - Gabon

Flow
Scale

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

During 2021, Laos had a large net trade with Gabon in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Gabon+$1.43kTelephones
Top Product Potential Gabon Laos+$2.43kRefined Petroleum

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

Product Space of Laos (Flag) and Gabon (Flag) (2021)

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