2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Netherlands-Laos Trade: In 2022, Netherlands exported $11.1M to Laos. The main products that Netherlands exported to Laos were Hard Liquor ($2.52M), Aircraft Parts ($2.42M), and Recovered Paper ($2.09M). Over the past 5 years the exports of Netherlands to Laos have increased at an annualized rate of 17.2%, from $5.03M in 2017 to $11.1M in 2022.

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

Laos-Netherlands Trade: In 2022, Laos exported $33.9M to Netherlands. The main products that Laos exported to Netherlands were Leather Footwear ($24.7M), Non-Knit Men's Shirts ($3.66M), and Other toys ($3.14M). Over the past 5 years the exports of Laos to Netherlands have increased at an annualized rate of 32.3%,  from $8.36M in 2017 to $33.9M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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

In 2022, Netherlands exported $11.1M to Laos. The main products exported from Netherlands to Laos were Hard Liquor ($2.52M), Aircraft Parts ($2.42M), and Recovered Paper ($2.09M). During the last 5 years the exports of Netherlands to Laos have increased at an annualized rate of 17.2%, from $5.03M in 2017 to $11.1M in 2022.

In 2017, Laos exported $33.9M to Netherlands. The main products exported from Laos to Netherlands were Leather Footwear ($24.7M), Non-Knit Men's Shirts ($3.66M), and Other toys ($3.14M). During the last 5 years the exports of Laos to Netherlands have increased at an annualized rate of 32.3%, from $8.36M in 2022 to $33.9M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Laos
Top Destination
Thailand$3.29B

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

In 2022, countries that imported more from Netherlands than Laos included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Laos than Netherlands included Thailand ($3.29B) and Cambodia ($207M).

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

Comparative Advantage Netherlands - Laos

Flow
Scale

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

During 2022, Netherlands had a large net trade with Laos in the exports of Foodstuffs ($4.39M), Transportation ($2.44M), and Paper Goods ($2.1M).

During 2017, Laos had a large net trade with Netherlands in the exports of Footwear and Headwear ($25.2M), Textiles ($4.88M), and Miscellaneous ($3.26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Laos+$372kAnimal Food
Top Product Potential Laos Netherlands+$1.13MLeather Footwear

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

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

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