Saudi Arabia (SAU) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Laos Trade: In 2021, Saudi Arabia exported $836 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 33.2%, from $70.8k in 2010 to $836 in 2021.

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

Laos-Saudi Arabia Trade: In 2021, Laos exported $3.22M to Saudi Arabia. The main products that Laos exported to Saudi Arabia were N/A. Over the past 11 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 23.6%, from $1.12M in 2010 to $3.22M in 2021.

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

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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 2021, Saudi Arabia exported $836 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 33.2%, from $70.8k in 2010 to $836 in 2021.

In 2016, Laos exported $3.22M to Saudi Arabia. There were not main exports from Laos to Saudi Arabia in 2016. During the last 5 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 23.6%, from $1.12M in 2021 to $3.22M in 2016.

Exports from Saudi Arabia () to Laos () (2021)

Exports from Laos () to Saudi Arabia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Laos
Top DestinationThailand$3.29B

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 2022, countries that imported more from Saudi Arabia than Laos included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Laos than Saudi Arabia included Cambodia ($207M), Mexico ($64.5M), and Israel ($280k).

Difference in imports from Laos () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2016, Laos had a large net trade with Saudi Arabia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Laos+$6.66kRefined Petroleum

Top Product Potential Laos Saudi Arabia+$6.13kGold

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 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.

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Laos () (2021)

Exports from Laos () to Saudi Arabia () (2021)

Market Competitiveness

Difference in imports from Laos () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Laos () (2021)

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