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2022
Flag → Flag
Exports $9.07MRnk 32 / 125
2022
Flag → Flag
Top Product $4.47MLight Synthetic Cotton Fabrics
2022
Flag → Flag
Exports $1.69MRnk 190 / 219
2022
Flag → Flag
Top Product $429kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
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Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
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GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
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 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
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GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Laos-Turkey In 2022, Laos exported $9.07M to Turkey. The main products that Laos exported to Turkey are Light Synthetic Cotton Fabrics ($4.47M), Other Synthetic Fabrics ($2.12M), and Rubber Footwear ($754k). During the last 27 years the exports of Laos to Turkey have increased at an annualized rate of 29.8%, from $7.98k in 1995 to $9.07M in 2022.

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

Turkey-Laos In 2022, Turkey exported $1.69M to Laos. The main products that Turkey exported to Laos were Motor vehicles; parts and accessories (8701 to 8705) ($429k), Light Pure Woven Cotton ($199k), and Packaged Medicaments ($141k). During the last 27 years the exports of Turkey to Laos have increased at an annualized rate of 14%, from $49k in 1995 to $1.69M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $9.07M to Turkey. The main products exported from Laos to Turkey were Light Synthetic Cotton Fabrics ($4.47M), Other Synthetic Fabrics ($2.12M), and Rubber Footwear ($754k). During the last 27 years the exports of Laos to Turkey have increased at an annualized rate of 29.8%, from $7.98k in 1995 to $9.07M in 2022.

In 2022, Turkey exported $1.69M to Laos. The main products exported from Turkey to Laos were Motor vehicles; parts and accessories (8701 to 8705) ($429k), Light Pure Woven Cotton ($199k), and Packaged Medicaments ($141k). During the last 27 years the exports of Turkey to Laos have increased at an annualized rate of 14%, from $49k in 1995 to $1.69M in 2022.

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

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

Latest Data

Trade between Laos (Flag) and Turkey (Flag)

Laos Exports

Turkey Exports

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Turkey
Top DestinationGermany$21.9B

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

In 2021, countries that imported more from Laos than Turkey were Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

In 2021, countries that imported more from Turkey than Laos were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Laos - Turkey

Flow
Scale

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

During 2022, Laos had a large net trade with Turkey in the exports of Textiles ($6.83M), Footwear and Headwear ($1.83M), and Machines ($363k).

During 2022, Turkey had a large net trade with Laos in the exports of Transportation ($545k), Machines ($455k), and Textiles ($202k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Laos has comparative advantage over Turkey. Similarly, the more yellow a dot/product is, the more Turkey has comparative advantage over Laos.

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

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