New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $978MRnk 3 / 125
2022
Flag → Flag
Top Product $212MRubber
2022
Flag → Flag
Exports $650MRnk 43 / 152
2022
Flag → Flag
Top Product $126MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.83Rnk 95 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.062Rnk 60 / 124
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Laos-Vietnam In 2022, Laos exported $978M to Vietnam. The main products that Laos exported to Vietnam are Rubber ($212M), Electricity ($134M), and Sawn Wood ($122M). During the last 22 years the exports of Laos to Vietnam have increased at an annualized rate of 11.1%, from $96.7M in 2000 to $978M in 2022.

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

Vietnam-Laos In 2022, Vietnam exported $650M to Laos. The main products that Vietnam exported to Laos were Refined Petroleum ($126M), Other Fruits ($43.6M), and Motorcycles and cycles ($26.2M). During the last 22 years the exports of Vietnam to Laos have increased at an annualized rate of 11%, from $65.6M in 2000 to $650M in 2022.

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

Comparison In 2022,  Laos ranked 95 in the Economic Complexity Index (ECI -0.83), and 106 in total exports ($9.36B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $978M to Vietnam. The main products exported from Laos to Vietnam were Rubber ($212M), Electricity ($134M), and Sawn Wood ($122M). During the last 22 years the exports of Laos to Vietnam have increased at an annualized rate of 11.1%, from $96.7M in 2000 to $978M in 2022.

In 2022, Vietnam exported $650M to Laos. The main products exported from Vietnam to Laos were Refined Petroleum ($126M), Other Fruits ($43.6M), and Motorcycles and cycles ($26.2M). During the last 22 years the exports of Vietnam to Laos have increased at an annualized rate of 11%, from $65.6M in 2000 to $650M in 2022.

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

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

Latest Data

Trade between Laos (Flag) and Vietnam (Flag)

Laos Exports

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Vietnam
Top DestinationUnited States$117B

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.

In 2019, no countries were registered that imported more from Laos than from Vietnam.

In 2021, countries that imported more from Vietnam than Laos were United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Laos - Vietnam

Flow
Scale

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

During 2022, Laos had a large net trade with Vietnam in the exports of Mineral Products ($240M), Plastics and Rubbers ($234M), and Vegetable Products ($196M).

During 2022, Vietnam had a large net trade with Laos in the exports of Mineral Products ($143M), Metals ($111M), and Vegetable Products ($78.6M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Laos has comparative advantage over Vietnam. Similarly, the more yellow a dot/product is, the more Vietnam has comparative advantage over Laos.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms