Poland (POL) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Poland-Laos Trade: In 2022, Poland exported $1.96M to Laos. The main products that Poland exported to Laos were Washing and Bottling Machines ($903k), Rubber Belting ($464k), and Insulated Wire ($251k). Over the past 5 years the exports of Poland to Laos have decreased at an annualized rate of 15.6%, from $4.57M in 2017 to $1.96M in 2022.

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

Laos-Poland Trade: In 2022, Laos exported $9.53M to Poland. The main products that Laos exported to Poland were Leather Footwear ($2.54M), Textile Footwear ($1.96M), and Rubber Footwear ($1.76M). Over the past 5 years the exports of Laos to Poland have decreased at an annualized rate of 12.2%, from $18.2M in 2017 to $9.53M in 2022.

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

Comparison: In 2022, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). 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, Poland exported $1.96M to Laos. The main products exported from Poland to Laos were Washing and Bottling Machines ($903k), Rubber Belting ($464k), and Insulated Wire ($251k). During the last 5 years the exports of Poland to Laos have decreased at an annualized rate of 15.6%, from $4.57M in 2017 to $1.96M in 2022.

In 2017, Laos exported $9.53M to Poland. The main products exported from Laos to Poland were Leather Footwear ($2.54M), Textile Footwear ($1.96M), and Rubber Footwear ($1.76M). During the last 5 years the exports of Laos to Poland have decreased at an annualized rate of 12.2%, from $18.2M in 2022 to $9.53M in 2017.

Exports from Poland () to Laos () (2022)

Exports from Laos () to Poland () (2022)

Latest Data

Trade between Poland () and Laos ()

Poland Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$93.1B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Poland than Laos included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, countries that imported more from Laos than Poland included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Comparative Advantage Poland - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Poland had a large net trade with Laos in the exports of Machines ($1.19M), Plastics and Rubbers ($593k), and Foodstuffs ($59.4k).

During 2017, Laos had a large net trade with Poland in the exports of Footwear and Headwear ($6.47M), Textiles ($2.57M), and Vegetable Products ($182k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Laos+$542kInsulated Wire

Top Product Potential Laos Poland+$3.09MLeather 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Laos () (2022)

Exports from Laos () to Poland () (2022)

Latest Data

Trade between Poland () and Laos ()

Poland Exports

Laos Exports

Market Competitiveness

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

Comparative Advantage Poland - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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