2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Laos-Philippines In 2022, Laos exported $9.03M to Philippines. The main products that Laos exported to Philippines are Potassic Fertilizers ($6.46M), Broadcasting Equipment ($599k), and Electric Generating Sets ($435k). During the last 24 years the exports of Laos to Philippines have increased at an annualized rate of 37.4%, from $4.38k in 1998 to $9.03M in 2022.

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

Philippines-Laos 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). During the last 24 years the exports of Philippines to Laos have increased at an annualized rate of 11.2%, from $155k in 1998 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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $9.03M to Philippines. The main products exported from Laos to Philippines were Potassic Fertilizers ($6.46M), Broadcasting Equipment ($599k), and Electric Generating Sets ($435k). During the last 24 years the exports of Laos to Philippines have increased at an annualized rate of 37.4%, from $4.38k in 1998 to $9.03M in 2022.

In 2022, Philippines exported $1.96M to Laos. The main products exported from Philippines to Laos were Prepared Explosives ($1.61M), Cigarette Paper ($239k), and Baked Goods ($29.3k). During the last 26 years the exports of Philippines to Laos have increased at an annualized rate of 11.2%, from $155k in 1996 to $1.96M in 2022.

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

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

Latest Data

Trade between Laos (Flag) and Philippines (Flag)

Laos Exports

Philippines Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Philippines
Top Destination
United States$15.5B

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 2021, countries that imported more from Laos than Philippines were Cambodia ($207M), Senegal ($1.08M), and Central African Republic ($100k).

In 2021, countries that imported more from Philippines than Laos were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Laos - Philippines

Flow
Scale

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

During 2022, Laos had a large net trade with Philippines in the exports of Chemical Products ($6.46M), Machines ($1.78M), and Paper Goods ($354k).

During 2022, Philippines had a large net trade with Laos in the exports of Chemical Products ($1.61M), Paper Goods ($241k), and Machines ($56.1k).

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 Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Laos.

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

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