2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 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
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Laos-Papua New Guinea In 2021, Laos exported $25.6k to Papua New Guinea. The main products that Laos exported to Papua New Guinea are N/A. During the last 21 years the exports of Laos to Papua New Guinea have decreased at an annualized rate of 4.42%, from $66.2k in 2000 to $25.6k in 2021.

In 2021, Laos did not export any services to Papua New Guinea.

Papua New Guinea-Laos In 2021, Papua New Guinea exported $1.32k to Laos. The main products that Papua New Guinea exported to Laos were N/A. During the last 21 years the exports of Papua New Guinea to Laos have decreased at an annualized rate of 17.1%, from $68.2k in 2000 to $1.32k in 2021.

In 2021, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $25.6k to Papua New Guinea. There were not main exports from Laos to Papua New Guinea in 2021. During the last 21 years the exports of Laos to Papua New Guinea have decreased at an annualized rate of 4.42%, from $66.2k in 2000 to $25.6k in 2021.

In 2020, Papua New Guinea exported $1.32k to Laos. There were not main exports from Papua New Guinea to Laos in 2020. During the last 16 years the exports of Papua New Guinea to Laos have decreased at an annualized rate of 17.1%, from $68.2k in 2004 to $1.32k in 2020.

Exports from Laos (Flag) to Papua New Guinea (Flag) (2021)

Exports from Papua New Guinea (Flag) to Laos (Flag) (2021)

Latest Data

Trade between Laos (Flag) and Papua New Guinea (Flag)

Laos Exports

Date

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2021, countries that imported more from Laos than Papua New Guinea were Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

In 2021, countries that imported more from Papua New Guinea than Laos were Japan ($4.03B), Chinese Taipei ($1.46B), and South Korea ($1.48B).

Difference in imports from Papua New Guinea (Flag) and Laos (Flag) (2022)

Comparative Advantage Laos - Papua New Guinea

Flow
Scale

This chart compares trade between Laos and Papua New Guinea by product, considering products traded by both, Laos and Papua New Guinea.

During 2021, Laos had a large net trade with Papua New Guinea in the exports of .

During 2020, Papua New Guinea had a large net trade with Laos in the exports of .

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

Product Space of Laos (Flag) and Papua New Guinea (Flag) (2021)

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