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Pricing

2022
Flag → Flag
Exports $18.2MRnk 25 / 125
2022
Flag → Flag
Top Product $7.29MNon-Knit Active Wear
2022
Flag → Flag
Exports $34.8kRnk 198 / 208
2022
Flag → Flag
Top Product $20.1kTextiles for technical uses
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Laos-Portugal Trade: In 2022, Laos exported $18.2M to Portugal. The main products that Laos exported to Portugal were Non-Knit Active Wear ($7.29M), Non-Knit Men's Suits ($5.87M), and Coffee ($1.78M). Over the past 5 years the exports of Laos to Portugal have increased at an annualized rate of 0.29%, from $17.9M in 2017 to $18.2M in 2022.

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

Portugal-Laos Trade: In 2022, Portugal exported $34.8k to Laos. The main products that Portugal exported to Laos were Textiles for technical uses ($20.1k), Styrene Polymers ($6.94k), and Narrow Woven Fabric ($5.05k). Over the past 5 years the exports of Portugal to Laos have decreased at an annualized rate of 2.93%,  from $57.7k in 2017 to $34.8k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $18.2M to Portugal. The main products exported from Laos to Portugal were Non-Knit Active Wear ($7.29M), Non-Knit Men's Suits ($5.87M), and Coffee ($1.78M). During the last 5 years the exports of Laos to Portugal have increased at an annualized rate of 0.29%, from $17.9M in 2017 to $18.2M in 2022.

In 2017, Portugal exported $34.8k to Laos. The main products exported from Portugal to Laos were Textiles for technical uses ($20.1k), Styrene Polymers ($6.94k), and Narrow Woven Fabric ($5.05k). During the last 5 years the exports of Portugal to Laos have decreased at an annualized rate of 2.93%, from $57.7k in 2022 to $34.8k in 2017.

Exports from Laos (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Laos (Flag) (2022)

Latest Data

Trade between Laos (Flag) and Portugal (Flag)

Laos Exports

Portugal Exports

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Portugal than Laos included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal (Flag) and Laos (Flag) (2022)

Comparative Advantage Laos - Portugal

Flow
Scale

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

During 2022, Laos had a large net trade with Portugal in the exports of Textiles ($16.3M), Vegetable Products ($1.87M), and Machines ($8.28k).

During 2017, Portugal had a large net trade with Laos in the exports of Textiles ($25.3k), Plastics and Rubbers ($6.94k), and Chemical Products ($1.95k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Laos (Flag) and Portugal (Flag) (2022)

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