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2023
Flag → Flag
Exports $890kRnk 172 / 211
2023
Flag → Flag
Top Product $848kRecovered Paper
2023
Flag → Flag
Exports $16.4MRnk 28 / 120
2023
Flag → Flag
Top Product $7.05MNon-Knit Active Wear
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Portugal-Laos Trade: In 2023, Portugal exported $890k to Laos. The main products that Portugal exported to Laos were Recovered Paper ($848k), Wine ($20.8k), and Narrow Woven Fabric ($8.45k). Over the past 5 years the exports of Portugal to Laos have increased at an annualized rate of 23.9%, from $304k in 2018 to $890k in 2023.

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

Laos-Portugal Trade: In 2023, Laos exported $16.4M to Portugal. The main products that Laos exported to Portugal were Non-Knit Active Wear ($7.05M), Non-Knit Men's Suits ($4.68M), and Coffee ($2.58M). Over the past 5 years the exports of Laos to Portugal have increased at an annualized rate of 37.9%,  from $3.29M in 2018 to $16.4M in 2023.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €3.07k and imported €680k from Laos, resulting in a negative trade balance of €677k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-115k (-97.4%) from €118k to €3.07k, while imports decreased by €-158k (-18.9%) from €839k to €680k.

Trade In November 2024, the top exports of Portugal to Laos were Special woven fabrics and tapestries (€1.76k), Optical, photo, & film equipment; medical... (€524), Non-knitted clothing accesories (€344), Footwear (€252), and Live animals (€0). In November 2024 the top imports of Portugal from Laos were Non-knitted clothing accesories (€1.51M), Coffee, tea, mate & spices (€144k), Knitted clothing accesories (€140k), Live animals (€0), and Meat & edible offal (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Laos was explained primarily by an decrease in product exports in Perfumery & cosmetics (€-275 or -100%), Soap, cleaners, candles, dental, modelling pastes (€-78 or -100%), and Coated, covered, & laminated fabrics for... (€-25 or -100%). In November 2024, the decrease in Portugal's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-115k(-97.4%)
IMPORT GROWTH (November 2023 - November 2024)€-158k(-18.9%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Laos and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $890k to Laos. The main products exported from Portugal to Laos were Recovered Paper ($848k), Wine ($20.8k), and Narrow Woven Fabric ($8.45k). During the last 5 years the exports of Portugal to Laos have increased at an annualized rate of 23.9%, from $304k in 2018 to $890k in 2023.

In 2018, Laos exported $16.4M to Portugal. The main products exported from Laos to Portugal were Non-Knit Active Wear ($7.05M), Non-Knit Men's Suits ($4.68M), and Coffee ($2.58M). During the last 5 years the exports of Laos to Portugal have increased at an annualized rate of 37.9%, from $3.29M in 2023 to $16.4M in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Portugal than Laos included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Laos than Portugal included Thailand ($2.99B), China ($3.41B), and Cambodia ($190M).

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

Comparative Advantage Portugal - Laos

Flow
Scale

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

During 2023, Portugal had a large net trade with Laos in the exports of Paper Goods ($848k), Foodstuffs ($20.8k), and Textiles ($14.7k).

During 2018, Laos had a large net trade with Portugal in the exports of Textiles ($13.8M), Vegetable Products ($2.66M), and Footwear and Headwear ($1.38k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Laos+$17.8kTextiles for technical uses
Top Product Potential Laos Portugal+$1.2MNon-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.

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Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and Laos (Flag) (2023)

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