2022
Flag  
GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
54.3%CURRENT US$
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2022
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 GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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GDP PC 
$2,088CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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2022
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GDP PC
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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About

Laos-Nepal In 2022, Laos exported $30.1k to Nepal. The main products that Laos exported to Nepal are Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). During the last 22 years the exports of Laos to Nepal have increased at an annualized rate of 19.6%, from $590 in 2000 to $30.1k in 2022.

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

Nepal-Laos 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). During the last 22 years the exports of Nepal to Laos have decreased at an annualized rate of 0.35%, from $26.2k in 2000 to $24.2k in 2022.

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

Comparison In 2022,  Laos ranked 95 in the Economic Complexity Index (ECI -0.83),  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 22 years the exports of Laos to Nepal have increased at an annualized rate of 19.6%, from $590 in 2000 to $30.1k in 2022.

In 2022, 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 12 years the exports of Nepal to Laos have decreased at an annualized rate of 0.35%, from $26.2k in 2010 to $24.2k in 2022.

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 2021, countries that imported more from Laos than Nepal were Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2021, countries that imported more from Nepal than Laos were 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 2022, Nepal had a large net trade with Laos in the exports of Vegetable Products ($24.1k) and Paper Goods ($95).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Laos has comparative advantage over Nepal. Similarly, the more yellow a dot/product is, the more Nepal has comparative advantage over Laos.

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

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