2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Laos-Chinese Taipei Trade: In 2022, Laos exported $15.4M to Chinese Taipei. The main products that Laos exported to Chinese Taipei were Cereal Meal and Pellets ($2.53M), Coffee ($1.71M), and Broadcasting Equipment ($1.69M). Over the past 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 0.46%, from $15M in 2017 to $15.4M in 2022.

In 2022, Laos did not export any services to Chinese Taipei.

Chinese Taipei-Laos Trade: In 2022, Chinese Taipei exported $5.97M to Laos. The main products that Chinese Taipei exported to Laos were Synthetic Filament Yarn Woven Fabric ($4.1M), Rubberworking Machinery ($549k), and Light Rubberized Knitted Fabric ($324k). Over the past 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 7.24%,  from $15.9M in 2017 to $5.97M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $15.4M to Chinese Taipei. The main products exported from Laos to Chinese Taipei were Cereal Meal and Pellets ($2.53M), Coffee ($1.71M), and Broadcasting Equipment ($1.69M). During the last 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 0.46%, from $15M in 2017 to $15.4M in 2022.

In 2017, Chinese Taipei exported $5.97M to Laos. The main products exported from Chinese Taipei to Laos were Synthetic Filament Yarn Woven Fabric ($4.1M), Rubberworking Machinery ($549k), and Light Rubberized Knitted Fabric ($324k). During the last 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 7.24%, from $15.9M in 2022 to $5.97M in 2017.

Exports from Laos (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Laos (Flag) (2022)

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Laos than Chinese Taipei included Central African Republic ($100k) and Sao Tome and Principe ($32.4k).

In 2022, countries that imported more from Chinese Taipei than Laos included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Laos (Flag) (2022)

Comparative Advantage Laos - Chinese Taipei

Flow
Scale

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

During 2022, Laos had a large net trade with Chinese Taipei in the exports of Vegetable Products ($6.78M), Machines ($3.13M), and Textiles ($1.63M).

During 2017, Chinese Taipei had a large net trade with Laos in the exports of Textiles ($4.44M), Machines ($776k), and Chemical Products ($452k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Laos and Chinese Taipei. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Laos.

Product Space of Laos (Flag) and Chinese Taipei (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with