2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC 
$2,067CURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Laos-Chinese Taipei Trade: In 2023, Laos exported $18.1M to Chinese Taipei. The main products that Laos exported to Chinese Taipei were Sawn Wood ($2.6M), Potassic Fertilizers ($2.2M), and Cereal Meal and Pellets ($2.1M). Over the past 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 2.24%, from $16.2M in 2018 to $18.1M in 2023.

In 2023, Laos did not export any services to Chinese Taipei.

Chinese Taipei-Laos Trade: In 2023, Chinese Taipei exported $6.24M to Laos. The main products that Chinese Taipei exported to Laos were Synthetic Filament Yarn Woven Fabric ($3.79M), Prepared Pigments ($814k), and Light Rubberized Knitted Fabric ($504k). Over the past 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 13.7%,  from $13M in 2018 to $6.24M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Laos exported $18.1M to Chinese Taipei. The main products exported from Laos to Chinese Taipei were Sawn Wood ($2.6M), Potassic Fertilizers ($2.2M), and Cereal Meal and Pellets ($2.1M). During the last 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 2.24%, from $16.2M in 2018 to $18.1M in 2023.

In 2018, Chinese Taipei exported $6.24M to Laos. The main products exported from Chinese Taipei to Laos were Synthetic Filament Yarn Woven Fabric ($3.79M), Prepared Pigments ($814k), and Light Rubberized Knitted Fabric ($504k). During the last 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 13.7%, from $13M in 2023 to $6.24M in 2018.

Exports from Laos (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Laos (Flag) (2023)

Market Competitiveness

Color
Laos
Top Destination
China$3.41B
Chinese Taipei
Top Destination
China$101B

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 2023, countries that imported more from Laos than Chinese Taipei included Sao Tome and Principe ($25.6k).

In 2023, countries that imported more from Chinese Taipei than Laos included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Laos (Flag) (2023)

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 2023, Laos had a large net trade with Chinese Taipei in the exports of Vegetable Products ($5.87M), Wood Products ($3.13M), and Chemical Products ($3.08M).

During 2018, Chinese Taipei had a large net trade with Laos in the exports of Textiles ($4.32M), Chemical Products ($823k), and Transportation ($499k).

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) (2023)

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