NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $66.8MRnk 12 / 120
2023
Flag → Flag
Top Product $22.8MLeather Footwear
2023
Flag → Flag
Exports $6.9MRnk 180 / 223
2023
Flag → Flag
Top Product $2.67MCars
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Laos-United Kingdom Trade: In 2023, Laos exported $66.8M to United Kingdom. The main products that Laos exported to United Kingdom were Leather Footwear ($22.8M), Video Displays ($11.2M), and Non-Knit Men's Suits ($5.15M). Over the past 5 years the exports of Laos to United Kingdom have increased at an annualized rate of 18%, from $29.2M in 2018 to $66.8M in 2023.

In 2023, Laos did not export any services to United Kingdom.

United Kingdom-Laos Trade: In 2023, United Kingdom exported $6.9M to Laos. The main products that United Kingdom exported to Laos were Cars ($2.67M), Hard Liquor ($1.31M), and Vegetable Saps ($615k). Over the past 5 years the exports of United Kingdom to Laos have decreased at an annualized rate of 15%,  from $15.6M in 2018 to $6.9M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $66.8M to United Kingdom. The main products exported from Laos to United Kingdom were Leather Footwear ($22.8M), Video Displays ($11.2M), and Non-Knit Men's Suits ($5.15M). During the last 5 years the exports of Laos to United Kingdom have increased at an annualized rate of 18%, from $29.2M in 2018 to $66.8M in 2023.

In 2018, United Kingdom exported $6.9M to Laos. The main products exported from United Kingdom to Laos were Cars ($2.67M), Hard Liquor ($1.31M), and Vegetable Saps ($615k). During the last 5 years the exports of United Kingdom to Laos have decreased at an annualized rate of 15%, from $15.6M in 2023 to $6.9M in 2018.

Exports from Laos (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Laos (Flag) (2023)

Latest Data

Trade between Laos (Flag) and United Kingdom (Flag)

Laos Exports

United Kingdom Exports

Market Competitiveness

Color
Laos
Top DestinationChina$3.41B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Laos than United Kingdom included Thailand ($2.99B) and Cambodia ($190M).

In 2023, countries that imported more from United Kingdom than Laos included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

Difference in imports from United Kingdom (Flag) and Laos (Flag) (2023)

Comparative Advantage Laos - United Kingdom

Flow
Scale

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

During 2023, Laos had a large net trade with United Kingdom in the exports of Footwear and Headwear ($28.2M), Machines ($21.7M), and Textiles ($13.7M).

During 2018, United Kingdom had a large net trade with Laos in the exports of Transportation ($3.13M), Foodstuffs ($1.39M), and Vegetable Products ($615k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos United Kingdom+$9.45MTelephones
Top Product Potential United Kingdom Laos+$3.89MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Laos (Flag) and United Kingdom (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms