Nepal (NPL) and Laos (LAO) Trade | The Observatory of Economic Complexity

About

Nepal-Laos Trade: In 2022, Nepal exported $24.2k to Laos. The main products that Nepal exported to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). Over the past 7 years the exports of Nepal to Laos have increased at an annualized rate of 20.3%, from $6.66k in 2015 to $24.2k in 2022.

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

Laos-Nepal Trade: In 2022, Laos exported $30.1k to Nepal. The main products that Laos exported to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). Over the past 7 years the exports of Laos to Nepal have increased at an annualized rate of 217%, from $94 in 2015 to $30.1k in 2022.

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

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $24.2k to Laos. The main products exported from Nepal to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). During the last 7 years the exports of Nepal to Laos have increased at an annualized rate of 20.3%, from $6.66k in 2015 to $24.2k in 2022.

In 2017, Laos exported $30.1k to Nepal. The main products exported from Laos to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). During the last 5 years the exports of Laos to Nepal have increased at an annualized rate of 217%, from $94 in 2022 to $30.1k in 2017.

Exports from Nepal () to Laos () (2022)

Exports from Laos () to Nepal () (2022)

Latest Data

Trade between Nepal () and Laos ()

Laos Exports

Date

Dec 2019

Sep 2019

Jan 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Nepal than Laos included India ($956M), Turkey ($28.3M), and Central African Republic ($8.88M).

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

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

Comparative Advantage Nepal - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Laos in the exports of Vegetable Products ($24.1k) and Paper Goods ($95).

During 2017, Laos had a large net trade with Nepal in the exports of Machines ($25.8k), Paper Goods ($2.87k), and Textiles ($1.26k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Laos+$20.1kPerfume Plants

Top Product Potential Laos Nepal+$108kTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Laos () (2022)

Exports from Laos () to Nepal () (2022)

Latest Data

Trade between Nepal () and Laos ()

Laos Exports

Market Competitiveness

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

Comparative Advantage Nepal - Laos

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring