Laos (LAO) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

Laos-Vietnam Trade: In 2022, Laos exported $1.05B to Vietnam. The main products that Laos exported to Vietnam were N/A. Over the past 5 years the exports of Laos to Vietnam have increased at an annualized rate of 6.25%, from $774M in 2017 to $1.05B in 2022.

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

Vietnam-Laos Trade: In 2022, Vietnam exported $650M to Laos. The main products that Vietnam exported to Laos were N/A. Over the past 5 years the exports of Vietnam to Laos have increased at an annualized rate of 2.99%, from $545M in 2017 to $650M in 2022.

In 2022, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Latest Data

Trade between Laos () and Vietnam ()

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationN/AN/A

Vietnam
Top DestinationN/AN/A

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

N/A

Difference in imports from Vietnam () and Laos () (2023)

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Vietnam+$19.4MCassava

Top Product Potential Vietnam Laos+$28.2MTelephones

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

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Historical Data

Latest Data

Trade between Laos () and Vietnam ()

Laos Exports

Market Competitiveness

Difference in imports from Vietnam () and Laos () (2023)

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Vietnam () (NaN)

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