Laos (LAO) and Poland (POL) Trade | The Observatory of Economic Complexity

About

Laos-Poland Trade: In 2023, Laos exported $12.9M to Poland. The main products that Laos exported to Poland were Leather Footwear ($4.12M), Rubber Footwear ($2.7M), and Textile Footwear ($2.01M). Over the past 5 years the exports of Laos to Poland have increased at an annualized rate of 43.7%, from $2.11M in 2018 to $12.9M in 2023.

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

Poland-Laos Trade: In 2023, Poland exported $10.4M to Laos. The main products that Poland exported to Laos were Rubber Belting ($8.35M), Valves ($998k), and Compounded Unvulcanised Rubber ($472k). Over the past 5 years the exports of Poland to Laos have increased at an annualized rate of 17%, from $4.72M in 2018 to $10.4M in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $12.9M to Poland. The main products exported from Laos to Poland were Leather Footwear ($4.12M), Rubber Footwear ($2.7M), and Textile Footwear ($2.01M). During the last 5 years the exports of Laos to Poland have increased at an annualized rate of 43.7%, from $2.11M in 2018 to $12.9M in 2023.

In 2018, Poland exported $10.4M to Laos. The main products exported from Poland to Laos were Rubber Belting ($8.35M), Valves ($998k), and Compounded Unvulcanised Rubber ($472k). During the last 5 years the exports of Poland to Laos have increased at an annualized rate of 17%, from $4.72M in 2023 to $10.4M in 2018.

Exports from Laos () to Poland () (2023)

Exports from Poland () to Laos () (2023)

Latest Data

Trade between Laos () and Poland ()

Laos Exports

Date

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Poland
Top DestinationGermany$84B

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

In 2023, countries that imported more from Laos than Poland included Thailand ($2.99B) and Cambodia ($190M).

In 2023, countries that imported more from Poland than Laos included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

Comparative Advantage Laos - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Poland in the exports of Footwear and Headwear ($8.91M), Textiles ($2.74M), and Machines ($351k).

During 2018, Poland had a large net trade with Laos in the exports of Plastics and Rubbers ($8.82M), Machines ($1.22M), and Animal Products ($138k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Poland+$3.09MLeather Footwear

Top Product Potential Poland Laos+$542kInsulated Wire

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Poland () (2023)

Exports from Poland () to Laos () (2023)

Latest Data

Trade between Laos () and Poland ()

Laos Exports

Poland Exports

Market Competitiveness

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

Comparative Advantage Laos - Poland

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring