Laos (LAO) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Laos-Israel Trade: In 2023, Laos exported $1.86M to Israel. The main products that Laos exported to Israel were Rubber Footwear ($479k), Broadcasting Equipment ($444k), and Leather Footwear ($359k). Over the past 5 years the exports of Laos to Israel have increased at an annualized rate of 20.2%, from $742k in 2018 to $1.86M in 2023.

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

Israel-Laos Trade: In 2023, Israel exported $360k to Laos. The main products that Israel exported to Laos were N/A. Over the past 5 years the exports of Israel to Laos have decreased at an annualized rate of 27.9%, from $1.84M in 2018 to $360k in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $1.86M to Israel. The main products exported from Laos to Israel were Rubber Footwear ($479k), Broadcasting Equipment ($444k), and Leather Footwear ($359k). During the last 5 years the exports of Laos to Israel have increased at an annualized rate of 20.2%, from $742k in 2018 to $1.86M in 2023.

In 2017, Israel exported $360k to Laos. There were not main exports from Israel to Laos in 2017. During the last 5 years the exports of Israel to Laos have decreased at an annualized rate of 27.9%, from $1.84M in 2022 to $360k in 2017.

Exports from Laos () to Israel () (2023)

Exports from Israel () to Laos () (2023)

Latest Data

Trade between Laos () and Israel ()

Laos Exports

Date

Israel Exports

Date

Jan 2021

Jul 2016

Mar 2013

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Israel
Top DestinationUnited States$20.3B

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

In 2023, countries that imported more from Laos than Israel included Thailand ($2.99B), Cambodia ($190M), and Indonesia ($83.2M).

In 2023, countries that imported more from Israel than Laos included United States ($20.3B), Ireland ($4.22B), and China ($7.09B).

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

Comparative Advantage Laos - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Israel in the exports of Footwear and Headwear ($1.37M), Machines ($474k), and Textiles ($11k).

During 2017, Israel had a large net trade with Laos in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Israel+$24.4kFake Hair

Top Product Potential Israel Laos+$242kOther Measuring Instruments

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Israel () (2023)

Exports from Israel () to Laos () (2023)

Latest Data

Trade between Laos () and Israel ()

Laos Exports

Israel Exports

Market Competitiveness

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

Comparative Advantage Laos - Israel

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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