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

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Laos-Poland Trade: In 2022, Laos exported $9.53M to Poland. The main products that Laos exported to Poland were Leather Footwear ($2.54M), Textile Footwear ($1.96M), and Rubber Footwear ($1.76M). Over the past 5 years the exports of Laos to Poland have decreased at an annualized rate of 12.2%, from $18.2M in 2017 to $9.53M in 2022.

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

Poland-Laos Trade: In 2022, Poland exported $1.96M to Laos. The main products that Poland exported to Laos were Washing and Bottling Machines ($903k), Rubber Belting ($464k), and Insulated Wire ($251k). Over the past 5 years the exports of Poland to Laos have decreased at an annualized rate of 15.6%, from $4.57M in 2017 to $1.96M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $9.53M to Poland. The main products exported from Laos to Poland were Leather Footwear ($2.54M), Textile Footwear ($1.96M), and Rubber Footwear ($1.76M). During the last 5 years the exports of Laos to Poland have decreased at an annualized rate of 12.2%, from $18.2M in 2017 to $9.53M in 2022.

In 2017, Poland exported $1.96M to Laos. The main products exported from Poland to Laos were Washing and Bottling Machines ($903k), Rubber Belting ($464k), and Insulated Wire ($251k). During the last 5 years the exports of Poland to Laos have decreased at an annualized rate of 15.6%, from $4.57M in 2022 to $1.96M in 2017.

Exports from Laos () to Poland () (2022)

Exports from Poland () to Laos () (2022)

Latest Data

Trade between Laos () and Poland ()

Laos Exports

Date

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Poland
Top DestinationGermany$93.1B

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 2022, countries that imported more from Laos than Poland included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

In 2022, countries that imported more from Poland than Laos included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

Difference in imports from Poland () and Laos () (2022)

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 2022, Laos had a large net trade with Poland in the exports of Footwear and Headwear ($6.47M), Textiles ($2.57M), and Vegetable Products ($182k).

During 2017, Poland had a large net trade with Laos in the exports of Machines ($1.19M), Plastics and Rubbers ($593k), and Foodstuffs ($59.4k).

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.

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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 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 () (2022)

Exports from Poland () to Laos () (2022)

Latest Data

Trade between Laos () and Poland ()

Laos Exports

Poland Exports

Market Competitiveness

Difference in imports from Poland () and Laos () (2022)

Comparative Advantage Laos - Poland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Poland () (2022)

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