Laos (LAO) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Laos-North Korea Trade: In 2021, Laos exported $10.5k to North Korea. The main products that Laos exported to North Korea were N/A. Over the past 5 years the exports of Laos to North Korea have decreased at an annualized rate of 52.5%, from $434k in 2016 to $10.5k in 2021.

In 2021, Laos did not export any services to North Korea.

North Korea-Laos Trade: In 2021, North Korea exported $281k to Laos. The main products that North Korea exported to Laos were N/A. Over the past 5 years the exports of North Korea to Laos have increased at an annualized rate of 87%, from $12.3k in 2016 to $281k in 2021.

In 2021, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Laos exported $10.5k to North Korea. There were not main exports from Laos to North Korea in 2021. During the last 5 years the exports of Laos to North Korea have decreased at an annualized rate of 52.5%, from $434k in 2016 to $10.5k in 2021.

In 2016, North Korea exported $281k to Laos. There were not main exports from North Korea to Laos in 2016. During the last 5 years the exports of North Korea to Laos have increased at an annualized rate of 87%, from $12.3k in 2021 to $281k in 2016.

Exports from Laos () to North Korea () (2021)

Exports from North Korea () to Laos () (2021)

Latest Data

Trade between Laos () and North Korea ()

Laos Exports

Date

Dec 2019

Oct 2019

Jun 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

North Korea
Top DestinationChina$131M

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

In 2022, countries that imported more from Laos than North Korea included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2022, countries that imported more from North Korea than Laos included Senegal ($26.9M), Nigeria ($14M), and Luxembourg ($6.44M).

Difference in imports from North Korea () and Laos () (2022)

Comparative Advantage Laos - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Laos had a large net trade with North Korea in the exports of .

During 2016, North Korea had a large net trade with Laos in the exports of .

Potential Exports

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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 North Korea. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to North Korea () (2021)

Exports from North Korea () to Laos () (2021)

Latest Data

Trade between Laos () and North Korea ()

Laos Exports

Market Competitiveness

Difference in imports from North Korea () and Laos () (2022)

Comparative Advantage Laos - North Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and North Korea () (2021)

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