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Pricing

2021
Flag → Flag
Exports $25.4kRnk 57 / 0
2021
Flag → Flag
Exports $24.5MRnk 58 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 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$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Laos-Nicaragua Trade: In 2021, Laos exported $25.4k to Nicaragua. The main products that Laos exported to Nicaragua were N/A. Over the past 5 years the exports of Laos to Nicaragua have increased at an annualized rate of 158%, from $224 in 2016 to $25.4k in 2021.

In 2021, Laos did not export any services to Nicaragua.

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

In 2021, Nicaragua 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, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $25.4k to Nicaragua. There were not main exports from Laos to Nicaragua in 2021. During the last 5 years the exports of Laos to Nicaragua have increased at an annualized rate of 158%, from $224 in 2016 to $25.4k in 2021.

Nicaragua does not register exports to Laos.

Exports from Laos (Flag) to Nicaragua (Flag) (2021)

Exports from Nicaragua (Flag) to Laos (Flag) (2021)

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Nicaragua
Top DestinationUnited States$4.09B

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

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

In 2022, countries that imported more from Nicaragua than Laos included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage Laos - Nicaragua

Flow
Scale

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

During 2021, Laos had a large net trade with Nicaragua in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Nicaragua+$1.97kTelephones
Top Product Potential Nicaragua Laos+$2.86kGold

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

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

Product Space of Laos (Flag) and Nicaragua (Flag) (2021)

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