GDP$15.8BCURRENT US$Rnk 133 / 195 GDP GROWTH32.2%CURRENT US$Rnk 109 / 195
GDP$251BCURRENT US$Rnk 52 / 195 GDP GROWTH6.91%CURRENT US$Rnk 164 / 195 GDP PC $2,067CURRENT US$Rnk 157 / 195GDP PC GROWTH14%CURRENT US$Rnk 123 / 195GDP PC$5,565CURRENT US$Rnk 118 / 196GDP PC GROWTH-16.3%CURRENT US$Rnk 174 / 195In N/A, Laos did not export any services to Iraq.
Iraq-Laos In false, Iraq did not export any products to Laos.
In N/A, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).
This map shows whether countries import more from Laos or Iraq. Each country is colored based on the difference in imports they receive from Laos and Iraq or the difference in the growth in imports.
In 2023, countries that imported more from Laos than Iraq included Thailand ($2.99B), Australia ($367M), and Cambodia ($190M).
In 2023, countries that imported more from Iraq than Laos included China ($35.5B), India ($29.8B), and United States ($8.92B).
) and Laos () (2023)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.
This visualization shows the product space at the HS4 level with the flags of Laos and Iraq. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Laos.
) and Iraq () (NaN)
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