Laos (LAO) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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Laos-Croatia Trade: In 2023, Laos exported $18.4k to Croatia. The main products that Laos exported to Croatia were Sawn Wood ($12.1k), Knit Men's Shirts ($1.95k), and Non-Knit Active Wear ($1.88k). Over the past 5 years the exports of Laos to Croatia have decreased at an annualized rate of 41.4%, from $266k in 2018 to $18.4k in 2023.

In 2023, Laos did not export any services to Croatia.

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

In 2023, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $18.4k to Croatia. The main products exported from Laos to Croatia were Sawn Wood ($12.1k), Knit Men's Shirts ($1.95k), and Non-Knit Active Wear ($1.88k). During the last 5 years the exports of Laos to Croatia have decreased at an annualized rate of 41.4%, from $266k in 2018 to $18.4k in 2023.

Croatia does not register exports to Laos. The main products exported from Croatia to Laos were Shaving Products ($8.74k).

Exports from Laos () to Croatia () (2023)

Exports from Croatia () to Laos () (2023)

Latest Data

Trade between Laos () and Croatia ()

Laos Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Croatia
Top DestinationItaly$3.05B

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

In 2023, countries that imported more from Laos than Croatia included China ($3.41B), Thailand ($2.99B), and Australia ($367M).

In 2023, countries that imported more from Croatia than Laos included Italy ($3.05B), Slovenia ($2.45B), and Germany ($2.58B).

Difference in imports from Croatia () and Laos () (2023)

Comparative Advantage Laos - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Croatia in the exports of Wood Products ($12.1k) and Textiles ($6.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Croatia+$5.04kElectricity

Top Product Potential Croatia Laos+$3.32kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Croatia () (2023)

Exports from Croatia () to Laos () (2023)

Latest Data

Trade between Laos () and Croatia ()

Laos Exports

Croatia Exports

Market Competitiveness

Difference in imports from Croatia () and Laos () (2023)

Comparative Advantage Laos - Croatia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Croatia () (2023)

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