Sign In
Pricing

undefined
Flag → Flag
Exports $7.82kRnk 106 / 125
undefined
Flag → Flag
Top Product $3.88kNon-Knit Active Wear
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

In N/A, Nigeria did not export any services to Laos.

Laos-Nigeria Trade: In N/A, 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). Over the past N/A years the exports of Laos to Nigeria have decreased at an annualized rate of 15.1%,  from $24.5k in N/A to $7.82k in N/A.

In N/A, Laos did not export any services to Nigeria.

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

Nigeria does not register exports to Laos.

In 2017, 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 5 years the exports of Laos to Nigeria have decreased at an annualized rate of 15.1%, from $24.5k in 2022 to $7.82k in 2017.

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

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

Market Competitiveness

Color
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 2022, countries that imported more from Nigeria than Laos included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

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

Comparative Advantage Nigeria - Laos

Flow
Scale

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

During 2017, Laos had a large net trade with Nigeria in the exports of Textiles ($7.11k) and Footwear and Headwear ($719).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Laos+$4.27kRefined Petroleum
Top Product Potential Laos Nigeria+$26.6kNon-Knit Men's Suits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms