2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC 
$2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Laos-Slovenia Trade: In 2023, Laos exported $1.47M to Slovenia. The main products that Laos exported to Slovenia were Non-Knit Men's Suits ($548k), Coffee ($156k), and Leather Footwear ($121k). Over the past 5 years the exports of Laos to Slovenia have increased at an annualized rate of 31.7%, from $371k in 2018 to $1.47M in 2023.

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

Slovenia-Laos Trade: In 2023, Slovenia exported $966k to Laos. The main products that Slovenia exported to Laos were Video and Card Games ($927k), Iron Fasteners ($29.1k), and Hydraulic Turbines ($2.43k). Over the past 5 years the exports of Slovenia to Laos have decreased at an annualized rate of 7.18%,  from $1.4M in 2018 to $966k in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $1.47M to Slovenia. The main products exported from Laos to Slovenia were Non-Knit Men's Suits ($548k), Coffee ($156k), and Leather Footwear ($121k). During the last 5 years the exports of Laos to Slovenia have increased at an annualized rate of 31.7%, from $371k in 2018 to $1.47M in 2023.

In 2018, Slovenia exported $966k to Laos. The main products exported from Slovenia to Laos were Video and Card Games ($927k), Iron Fasteners ($29.1k), and Hydraulic Turbines ($2.43k). During the last 5 years the exports of Slovenia to Laos have decreased at an annualized rate of 7.18%, from $1.4M in 2023 to $966k in 2018.

Exports from Laos (Flag) to Slovenia (Flag) (2023)

Exports from Slovenia (Flag) to Laos (Flag) (2023)

Latest Data

Trade between Laos (Flag) and Slovenia (Flag)

Laos Exports

Slovenia Exports

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Slovenia
Top Destination
Switzerland$13.5B

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

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

In 2023, countries that imported more from Slovenia than Laos included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

Difference in imports from Slovenia (Flag) and Laos (Flag) (2023)

Comparative Advantage Laos - Slovenia

Flow
Scale

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

During 2023, Laos had a large net trade with Slovenia in the exports of Textiles ($941k), Footwear and Headwear ($291k), and Vegetable Products ($156k).

During 2018, Slovenia had a large net trade with Laos in the exports of Miscellaneous ($927k), Metals ($30.3k), and Machines ($6.99k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Slovenia+$333kNon-Knit Men's Suits
Top Product Potential Slovenia Laos+$65.6kOther Rubber Products

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

Product Space of Laos (Flag) and Slovenia (Flag) (2023)

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