Laos-Philippines Trade: In 2022, Laos exported $9.03M to Philippines. The main products that Laos exported to Philippines were Potassic Fertilizers ($6.46M), Broadcasting Equipment ($599k), and Electric Generating Sets ($435k). Over the past 5 years the exports of Laos to Philippines have increased at an annualized rate of 25%, from $2.96M in 2017 to $9.03M in 2022.
In 2022, Laos did not export any services to Philippines.
Philippines-Laos Trade: In 2022, Philippines exported $1.96M to Laos. The main products that Philippines exported to Laos were Prepared Explosives ($1.61M), Cigarette Paper ($239k), and Baked Goods ($29.3k). Over the past 5 years the exports of Philippines to Laos have decreased at an annualized rate of 10.2%, from $3.37M in 2017 to $1.96M in 2022.
In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).