2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH
32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Netherlands-Laos Trade: In 2023, Netherlands exported $12.9M to Laos. The main products that Netherlands exported to Laos were Recovered Paper ($1.82M), Activated Carbon ($1.51M), and Iron Structures ($1.37M). Over the past 5 years the exports of Netherlands to Laos have increased at an annualized rate of 26.6%, from $3.98M in 2018 to $12.9M in 2023.

In 2023, Netherlands did not export any services to Laos.

Laos-Netherlands Trade: In 2023, Laos exported $33M to Netherlands. The main products that Laos exported to Netherlands were Leather Footwear ($17.8M), Other toys ($4.33M), and Coffee ($4.21M). Over the past 5 years the exports of Laos to Netherlands have increased at an annualized rate of 24.1%,  from $11.2M in 2018 to $33M in 2023.

In 2023, Laos did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $12.9M to Laos. The main products exported from Netherlands to Laos were Recovered Paper ($1.82M), Activated Carbon ($1.51M), and Iron Structures ($1.37M). During the last 5 years the exports of Netherlands to Laos have increased at an annualized rate of 26.6%, from $3.98M in 2018 to $12.9M in 2023.

In 2018, Laos exported $33M to Netherlands. The main products exported from Laos to Netherlands were Leather Footwear ($17.8M), Other toys ($4.33M), and Coffee ($4.21M). During the last 5 years the exports of Laos to Netherlands have increased at an annualized rate of 24.1%, from $11.2M in 2023 to $33M in 2018.

Exports from Netherlands (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Laos
Top Destination
China$3.41B

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 2023, countries that imported more from Netherlands than Laos included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Laos than Netherlands included Thailand ($2.99B) and Cambodia ($190M).

Difference in imports from Laos (Flag) and Netherlands (Flag) (2023)

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 2023, Netherlands had a large net trade with Laos in the exports of Chemical Products ($3.01M), Foodstuffs ($2.25M), and Paper Goods ($1.82M).

During 2018, Laos had a large net trade with Netherlands in the exports of Footwear and Headwear ($18.5M), Textiles ($4.84M), and Miscellaneous ($4.73M).

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) (2023)

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