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2022
Flag → Flag
Exports $29.8kRnk 95 / 125
2022
Flag → Flag
Top Product $20.7kTextile Footwear
2022
Flag → Flag
Exports $3.25MRnk 17 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Laos-Montenegro Trade: In 2022, Laos exported $29.8k to Montenegro. The main products that Laos exported to Montenegro were Textile Footwear ($20.7k), Leather Footwear ($3.42k), and Rubber Footwear ($1.83k). Over the past 5 years the exports of Laos to Montenegro have decreased at an annualized rate of 31.2%, from $193k in 2017 to $29.8k in 2022.

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

Montenegro-Laos In false, Montenegro did not export any products to Laos.

In 2022, Montenegro 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, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $29.8k to Montenegro. The main products exported from Laos to Montenegro were Textile Footwear ($20.7k), Leather Footwear ($3.42k), and Rubber Footwear ($1.83k). During the last 5 years the exports of Laos to Montenegro have decreased at an annualized rate of 31.2%, from $193k in 2017 to $29.8k in 2022.

Montenegro does not register exports to Laos.

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

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

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Montenegro
Top DestinationSouth Korea$321M

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

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

In 2022, countries that imported more from Montenegro than Laos included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Laos - Montenegro

Flow
Scale

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

During 2022, Laos had a large net trade with Montenegro in the exports of Footwear and Headwear ($26k), Textiles ($3.74k), and Vegetable Products ($62).

Economic Complexity

Competitive Landscape

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

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

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