Nigeria (NGA) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Nigeria-Laos In 2010, Nigeria exported $11.1k to Laos. The main products that Nigeria exported to Laos are N/A. During the last 11 years the exports of Nigeria to Laos have decreased at an annualized rate of 41.9%, from $4.41M in 1999 to $11.1k in 2010.

In 2010, Nigeria did not export any services to Laos.

Laos-Nigeria In 2010, Laos exported $7.82k to Nigeria. The main products that Laos exported to Nigeria were Non-Knit Active Wear ($3.88k), Non-Knit Men's Suits ($2.65k), and Knit Women's Suits ($548). During the last 11 years the exports of Laos to Nigeria have decreased at an annualized rate of 6.41%, from $16.2k in 1999 to $7.82k in 2010.

In 2010, Laos did not export any services to Nigeria.

Comparison In 2022, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Laos ranked 95 in the Economic Complexity Index (ECI -0.83), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2010, Nigeria exported $11.1k to Laos. There were not main exports from Nigeria to Laos in 2010. During the last 11 years the exports of Nigeria to Laos have decreased at an annualized rate of 41.9%, from $4.41M in 1999 to $11.1k in 2010.

In 2022, Laos exported $7.82k to Nigeria. The main products exported from Laos to Nigeria were Non-Knit Active Wear ($3.88k), Non-Knit Men's Suits ($2.65k), and Knit Women's Suits ($548). During the last 26 years the exports of Laos to Nigeria have decreased at an annualized rate of 6.41%, from $16.2k in 1996 to $7.82k in 2022.

Exports from Nigeria () to Laos () (2022)

Exports from Laos () to Nigeria () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Laos
Top DestinationThailand$3.29B

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

In 2021, countries that imported more from Nigeria than Laos were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Laos than Nigeria were Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

Difference in imports from Laos () and Nigeria () (2022)

Comparative Advantage Nigeria - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2010, Nigeria had a large net trade with Laos in the exports of .

During 2022, Laos had a large net trade with Nigeria in the exports of Textiles ($7.11k) and Footwear and Headwear ($719).

Economic Complexity

Competitive Landscape

Year

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 Nigeria has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Nigeria.

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Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Laos () (2022)

Exports from Laos () to Nigeria () (2022)

Market Competitiveness

Difference in imports from Laos () and Nigeria () (2022)

Comparative Advantage Nigeria - Laos

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Laos () (2022)

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