Laos (LAO) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Laos-Philippines Trade: In 2023, Laos exported $19.2M to Philippines. The main products that Laos exported to Philippines were Potassic Fertilizers ($18.1M), Broadcasting Equipment ($298k), and Video Recording Equipment ($185k). Over the past 5 years the exports of Laos to Philippines have increased at an annualized rate of 14.2%, from $9.89M in 2018 to $19.2M in 2023.

In 2023, Laos did not export any services to Philippines.

Philippines-Laos Trade: In 2023, Philippines exported $1.38M to Laos. The main products that Philippines exported to Laos were Prepared Explosives ($935k), Cigarette Paper ($359k), and Baked Goods ($48.3k). Over the past 5 years the exports of Philippines to Laos have decreased at an annualized rate of 14.3%, from $2.98M in 2018 to $1.38M in 2023.

In 2023, Philippines did not export any services to Laos.

Comparison: In 2023, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $19.2M to Philippines. The main products exported from Laos to Philippines were Potassic Fertilizers ($18.1M), Broadcasting Equipment ($298k), and Video Recording Equipment ($185k). During the last 5 years the exports of Laos to Philippines have increased at an annualized rate of 14.2%, from $9.89M in 2018 to $19.2M in 2023.

In 2018, Philippines exported $1.38M to Laos. The main products exported from Philippines to Laos were Prepared Explosives ($935k), Cigarette Paper ($359k), and Baked Goods ($48.3k). During the last 5 years the exports of Philippines to Laos have decreased at an annualized rate of 14.3%, from $2.98M in 2023 to $1.38M in 2018.

Exports from Laos () to Philippines () (2023)

Exports from Philippines () to Laos () (2023)

Latest Data

Trade between Laos () and Philippines ()

Laos Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Laos than Philippines included Cambodia ($190M) and Sao Tome and Principe ($25.6k).

In 2023, countries that imported more from Philippines than Laos included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

Difference in imports from Philippines () and Laos () (2023)

Comparative Advantage Laos - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Philippines in the exports of Chemical Products ($18.1M), Machines ($822k), and Metals ($95.2k).

During 2018, Philippines had a large net trade with Laos in the exports of Chemical Products ($964k), Paper Goods ($359k), and Foodstuffs ($49.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Philippines+$4.9kTelephones

Top Product Potential Philippines Laos+$5.3kGold

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Philippines () (2023)

Exports from Philippines () to Laos () (2023)

Latest Data

Trade between Laos () and Philippines ()

Laos Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Laos () (2023)

Comparative Advantage Laos - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Philippines () (2023)

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