Laos (LAO) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Laos-Portugal Trade: In 2023, Laos exported $16.4M to Portugal. The main products that Laos exported to Portugal were Non-Knit Active Wear ($7.05M), Non-Knit Men's Suits ($4.68M), and Coffee ($2.58M). Over the past 5 years the exports of Laos to Portugal have increased at an annualized rate of 37.9%, from $3.29M in 2018 to $16.4M in 2023.

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

Portugal-Laos Trade: In 2023, Portugal exported $890k to Laos. The main products that Portugal exported to Laos were Recovered Paper ($848k), Wine ($20.8k), and Narrow Woven Fabric ($8.45k). Over the past 5 years the exports of Portugal to Laos have increased at an annualized rate of 19.6%, from $304k in 2018 to $890k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $16.4M to Portugal. The main products exported from Laos to Portugal were Non-Knit Active Wear ($7.05M), Non-Knit Men's Suits ($4.68M), and Coffee ($2.58M). During the last 5 years the exports of Laos to Portugal have increased at an annualized rate of 37.9%, from $3.29M in 2018 to $16.4M in 2023.

In 2018, Portugal exported $890k to Laos. The main products exported from Portugal to Laos were Recovered Paper ($848k), Wine ($20.8k), and Narrow Woven Fabric ($8.45k). During the last 5 years the exports of Portugal to Laos have increased at an annualized rate of 19.6%, from $304k in 2023 to $890k in 2018.

Exports from Laos () to Portugal () (2023)

Exports from Portugal () to Laos () (2023)

Latest Data

Trade between Laos () and Portugal ()

Laos Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Laos than Portugal included Thailand ($2.99B), China ($3.41B), and Cambodia ($190M).

In 2023, countries that imported more from Portugal than Laos included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Laos - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Portugal in the exports of Textiles ($13.8M), Vegetable Products ($2.66M), and Footwear and Headwear ($1.38k).

During 2018, Portugal had a large net trade with Laos in the exports of Paper Goods ($848k), Foodstuffs ($20.8k), and Textiles ($14.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Portugal+$1.2MNon-Knit Men's Suits

Top Product Potential Portugal Laos+$17.8kTextiles for technical uses

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Portugal () (2023)

Exports from Portugal () to Laos () (2023)

Latest Data

Trade between Laos () and Portugal ()

Laos Exports

Portugal Exports

Market Competitiveness

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

Comparative Advantage Laos - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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