Sweden-Laos Trade: In 2022, Sweden exported $928k to Laos. The main products that Sweden exported to Laos were Electric Motors ($544k), Centrifuges ($87.3k), and Industrial Fatty Acids, Oils and Alcohols ($55.5k). Over the past 5 years the exports of Sweden to Laos have decreased at an annualized rate of 41.7%, from $13.8M in 2017 to $928k in 2022.
In 2022, Sweden did not export any services to Laos.
Laos-Sweden Trade: In 2022, Laos exported $39.7M to Sweden. The main products that Laos exported to Sweden were Non-Knit Men's Suits ($29.2M), Non-Knit Women's Suits ($3.7M), and Non-Knit Men's Coats ($1.68M). Over the past 5 years the exports of Laos to Sweden have increased at an annualized rate of 8.23%, from $26.8M in 2017 to $39.7M in 2022.
In 2022, Laos did not export any services to Sweden.
Comparison: In 2022, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).