Laos-Russia Trade: In 2021, Laos exported $11.5M to Russia. The main products that Laos exported to Russia were N/A. Over the past 5 years the exports of Laos to Russia have decreased at an annualized rate of 16.3%, from $27.9M in 2016 to $11.5M in 2021.
In 2021, Laos did not export any services to Russia.
Russia-Laos Trade: In 2021, Russia exported $35.2M to Laos. The main products that Russia exported to Laos were N/A. Over the past 5 years the exports of Russia to Laos have increased at an annualized rate of 18.6%, from $15M in 2016 to $35.2M in 2021.
In 2020, Russia exported services to Laos worth $640k, with Transportation ($320k), Other business services ($230k), and Insurance services ($37k) being the largest in terms of value.
Comparison: In 2022, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).