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2021
Flag → Flag
Exports $260kRnk 54 / 0
2021
Flag → Flag
Exports $11.2kRnk 157 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 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$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Laos-Guinea Trade: In 2021, Laos exported $260k to Guinea. The main products that Laos exported to Guinea were N/A. Over the past 10 years the exports of Laos to Guinea have increased at an annualized rate of 22.1%, from $35.2k in 2011 to $260k in 2021.

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

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

In 2021, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $260k to Guinea. There were not main exports from Laos to Guinea in 2021. During the last 10 years the exports of Laos to Guinea have increased at an annualized rate of 22.1%, from $35.2k in 2011 to $260k in 2021.

Guinea does not register exports to Laos.

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

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

Market Competitiveness

Color
Laos
Top DestinationChina$3.41B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Laos than Guinea included Thailand ($2.99B), Australia ($367M), and United States ($306M).

In 2023, countries that imported more from Guinea than Laos included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Laos - Guinea

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Guinea+$1.85kTelephones
Top Product Potential Guinea Laos+$4.09kGold

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

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

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