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Pricing

2022
Flag → Flag
Exports $88.1kRnk 81 / 125
2022
Flag → Flag
Top Product $37.8kRubber Footwear
2022
Flag → Flag
Exports $5.21MRnk 76 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Laos-Uruguay Trade: In 2022, Laos exported $88.1k to Uruguay. The main products that Laos exported to Uruguay were Rubber Footwear ($37.8k), Optical Fibers and optical fibre bundles ($17.9k), and Textile Footwear ($11.9k). Over the past 5 years the exports of Laos to Uruguay have decreased at an annualized rate of 31%, from $562k in 2017 to $88.1k in 2022.

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

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

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $88.1k to Uruguay. The main products exported from Laos to Uruguay were Rubber Footwear ($37.8k), Optical Fibers and optical fibre bundles ($17.9k), and Textile Footwear ($11.9k). During the last 5 years the exports of Laos to Uruguay have decreased at an annualized rate of 31%, from $562k in 2017 to $88.1k in 2022.

Uruguay does not register exports to Laos.

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

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

Latest Data

Trade between Laos (Flag) and Uruguay (Flag)

Laos Exports

Date

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Laos than Uruguay included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).

In 2022, countries that imported more from Uruguay than Laos included Brazil ($1.69B), Argentina ($999M), and Netherlands ($587M).

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

Comparative Advantage Laos - Uruguay

Flow
Scale

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

During 2022, Laos had a large net trade with Uruguay in the exports of Footwear and Headwear ($58.2k), Instruments ($17.9k), and Machines ($11.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Uruguay+$44.1kRubber Footwear
Top Product Potential Uruguay Laos+$1.86kDelivery Trucks

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

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

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