Laos (LAO) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

About

Laos-Hong Kong Trade: In 2022, Laos exported $64.2M to Hong Kong. The main products that Laos exported to Hong Kong were Gold ($61M), Other Prepared Meat ($1.97M), and Electrical Resistors ($867k). Over the past 5 years the exports of Laos to Hong Kong have increased at an annualized rate of 23.3%, from $22.5M in 2017 to $64.2M in 2022.

In 2022, Laos did not export any services to Hong Kong.

Hong Kong-Laos Trade: In 2022, Hong Kong exported $16.1M to Laos. The main products that Hong Kong exported to Laos were Zippers ($2.03M), Buttons ($1.69M), and Plastic Coated Textile Fabric ($1.6M). Over the past 5 years the exports of Hong Kong to Laos have decreased at an annualized rate of 12.1%, from $35M in 2017 to $16.1M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $64.2M to Hong Kong. The main products exported from Laos to Hong Kong were Gold ($61M), Other Prepared Meat ($1.97M), and Electrical Resistors ($867k). During the last 5 years the exports of Laos to Hong Kong have increased at an annualized rate of 23.3%, from $22.5M in 2017 to $64.2M in 2022.

In 2017, Hong Kong exported $16.1M to Laos. The main products exported from Hong Kong to Laos were Zippers ($2.03M), Buttons ($1.69M), and Plastic Coated Textile Fabric ($1.6M). During the last 5 years the exports of Hong Kong to Laos have decreased at an annualized rate of 12.1%, from $35M in 2022 to $16.1M in 2017.

Exports from Laos () to Hong Kong () (2022)

Exports from Hong Kong () to Laos () (2022)

Latest Data

Trade between Laos () and Hong Kong ()

Laos Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Hong Kong
Top DestinationChina$23.4B

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

In 2022, no countries were registered that imported more from Laos than from Hong Kong.

In 2022, countries that imported more from Hong Kong than Laos included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Laos () (2022)

Comparative Advantage Laos - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Hong Kong in the exports of Precious Metals ($61M), Foodstuffs ($2.22M), and Machines ($867k).

During 2017, Hong Kong had a large net trade with Laos in the exports of Textiles ($6.65M), Miscellaneous ($3.76M), and Machines ($2.74M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Hong Kong+$49.8MGold

Top Product Potential Hong Kong Laos+$1.64MTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Hong Kong () (2022)

Exports from Hong Kong () to Laos () (2022)

Latest Data

Trade between Laos () and Hong Kong ()

Laos Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Laos () (2022)

Comparative Advantage Laos - Hong Kong

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Laos () and Hong Kong () (2022)

Keep Exploring