2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Saudi Arabia-Laos Trade: In 2021, Saudi Arabia exported $860 to Laos. The main products that Saudi Arabia exported to Laos were N/A. Over the past 11 years the exports of Saudi Arabia to Laos have decreased at an annualized rate of 33%, from $70.8k in 2010 to $860 in 2021.

In 2021, Saudi Arabia did not export any services to Laos.

Laos-Saudi Arabia Trade: In 2021, Laos exported $25.6M to Saudi Arabia. The main products that Laos exported to Saudi Arabia were Barium Sulphate ($19.6M), Chlorides ($4.32M), and Broadcasting Equipment ($725k). Over the past 11 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 18.6%,  from $10.9M in 2010 to $25.6M in 2021.

In 2021, Laos did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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 2021, Saudi Arabia exported $860 to Laos. There were not main exports from Saudi Arabia to Laos in 2021. During the last 11 years the exports of Saudi Arabia to Laos have decreased at an annualized rate of 33%, from $70.8k in 2010 to $860 in 2021.

In 2018, Laos exported $25.6M to Saudi Arabia. The main products exported from Laos to Saudi Arabia were Barium Sulphate ($19.6M), Chlorides ($4.32M), and Broadcasting Equipment ($725k). During the last 5 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 18.6%, from $10.9M in 2023 to $25.6M in 2018.

Exports from Saudi Arabia (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Saudi Arabia (Flag) (2023)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Laos
Top Destination
China$3.41B

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

In 2023, countries that imported more from Saudi Arabia than Laos included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Laos than Saudi Arabia included Cambodia ($190M), Israel ($1.86M), and Andorra ($126k).

Difference in imports from Laos (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Laos

Flow
Scale

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

During 2021, Saudi Arabia had a large net trade with Laos in the exports of .

During 2018, Laos had a large net trade with Saudi Arabia in the exports of Mineral Products ($19.6M), Chemical Products ($4.33M), and Machines ($800k).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Laos (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with