2022
Flag  
GDP
$15.7BCURRENT US$
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2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
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2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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About

Laos-Nepal Trade: In 2022, Laos exported $30.1k to Nepal. The main products that Laos exported to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). Over the past 5 years the exports of Laos to Nepal have increased at an annualized rate of 217%, from $94 in 2017 to $30.1k in 2022.

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

Nepal-Laos Trade: In 2022, Nepal exported $24.2k to Laos. The main products that Nepal exported to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). Over the past 5 years the exports of Nepal to Laos have increased at an annualized rate of 123%,  from $442 in 2017 to $24.2k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $30.1k to Nepal. The main products exported from Laos to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). During the last 5 years the exports of Laos to Nepal have increased at an annualized rate of 217%, from $94 in 2017 to $30.1k in 2022.

In 2017, Nepal exported $24.2k to Laos. The main products exported from Nepal to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). During the last 5 years the exports of Nepal to Laos have increased at an annualized rate of 123%, from $442 in 2022 to $24.2k in 2017.

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

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

Latest Data

Trade between Laos (Flag) and Nepal (Flag)

Laos Exports

Date

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Nepal
Top Destination
India$956M

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

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

In 2022, countries that imported more from Nepal than Laos included India ($956M), Turkey ($28.3M), and Central African Republic ($8.88M).

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

Comparative Advantage Laos - Nepal

Flow
Scale

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

During 2022, Laos had a large net trade with Nepal in the exports of Machines ($25.8k), Paper Goods ($2.87k), and Textiles ($1.26k).

During 2017, Nepal had a large net trade with Laos in the exports of Vegetable Products ($24.1k) and Paper Goods ($95).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Nepal+$108kTelephones
Top Product Potential Nepal Laos+$20.1kPerfume Plants

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

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

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