2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 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
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Laos-Guyana Trade: In 2022, Laos exported $19.2k to Guyana. The main products that Laos exported to Guyana were Electrical Control Boards ($17.2k), Thermostats ($1.45k), and Electrical Ignitions ($501). Over the past 21 years the exports of Laos to Guyana have decreased at an annualized rate of 0.38%, from $20.8k in 2001 to $19.2k in 2022.

In 2022, Laos did not export any services to Guyana.

Guyana-Laos Trade: In 2022, Guyana exported $47.5k to Laos. The main products that Guyana exported to Laos were N/A. Over the past 21 years the exports of Guyana to Laos have increased at an annualized rate of 4.85%,  from $18.4k in 2001 to $47.5k in 2022.

In 2022, Guyana 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, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $19.2k to Guyana. The main products exported from Laos to Guyana were Electrical Control Boards ($17.2k), Thermostats ($1.45k), and Electrical Ignitions ($501). During the last 21 years the exports of Laos to Guyana have decreased at an annualized rate of 0.38%, from $20.8k in 2001 to $19.2k in 2022.

In 2008, Guyana exported $47.5k to Laos. There were not main exports from Guyana to Laos in 2008. During the last 5 years the exports of Guyana to Laos have increased at an annualized rate of 4.85%, from $18.4k in 2013 to $47.5k in 2008.

Exports from Laos (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Laos (Flag) (2022)

Latest Data

Trade between Laos (Flag) and Guyana (Flag)

Guyana Exports

Date

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Laos than Guyana included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2022, countries that imported more from Guyana than Laos included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

Comparative Advantage Laos - Guyana

Flow
Scale

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

During 2022, Laos had a large net trade with Guyana in the exports of Machines ($17.7k) and Instruments ($1.45k).

During 2008, Guyana had a large net trade with Laos in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Laos (Flag) and Guyana (Flag) (2022)

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