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Pricing

2013
Flag → Flag
Exports $6.73kRnk 85 / 0
2013
Flag → Flag
Exports $5Rnk 125 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Laos-Venezuela Trade: In 2013, Laos exported $6.73k to Venezuela. The main products that Laos exported to Venezuela were N/A. Over the past 5 years the exports of Laos to Venezuela have decreased at an annualized rate of 24.1%, from $26.8k in 2008 to $6.73k in 2013.

In 2013, Laos did not export any services to Venezuela.

Venezuela-Laos In false, Venezuela did not export any products to Laos.

In 2013, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Laos exported $6.73k to Venezuela. There were not main exports from Laos to Venezuela in 2013. During the last 5 years the exports of Laos to Venezuela have decreased at an annualized rate of 24.1%, from $26.8k in 2008 to $6.73k in 2013.

Venezuela does not register exports to Laos.

Exports from Laos (Flag) to Venezuela (Flag) (2013)

Exports from Venezuela (Flag) to Laos (Flag) (2013)

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Laos than Venezuela included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2022, countries that imported more from Venezuela than Laos included Turkey ($597M), Spain ($518M), and Brazil ($361M).

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

Comparative Advantage Laos - Venezuela

Flow
Scale

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

During 2013, Laos had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Laos (Flag) and Venezuela (Flag) (2013)

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