Laos (LAO) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Laos-Saudi Arabia Trade: In 2023, Laos exported $25.6M to Saudi Arabia. The main products that Laos exported to Saudi Arabia were Barium Sulphate ($19.6M), Chlorides ($4.32M), and Broadcasting Equipment ($725k). Over the past 5 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 18.6%, from $10.9M in 2018 to $25.6M in 2023.

In 2023, Laos did not export any services to Saudi Arabia.

Saudi Arabia-Laos In N/A, Saudi Arabia did not export any products to Laos.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $25.6M to Saudi Arabia. The main products exported from Laos to Saudi Arabia were Barium Sulphate ($19.6M), Chlorides ($4.32M), and Broadcasting Equipment ($725k). During the last 5 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 18.6%, from $10.9M in 2018 to $25.6M in 2023.

Saudi Arabia does not register exports to Laos.

Exports from Laos () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Laos () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Laos than Saudi Arabia included Cambodia ($190M), Israel ($1.86M), and Andorra ($126k).

In 2023, countries that imported more from Saudi Arabia than Laos included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia () and Laos () (2023)

Comparative Advantage Laos - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Saudi Arabia in the exports of Mineral Products ($19.6M), Chemical Products ($4.33M), and Machines ($800k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Saudi Arabia+$6.13kGold

Top Product Potential Saudi Arabia Laos+$6.66kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Laos () (2023)

Market Competitiveness

Difference in imports from Saudi Arabia () and Laos () (2023)

Comparative Advantage Laos - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Saudi Arabia () (2023)

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