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
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Chinese Taipei-Laos Trade: In 2023, Chinese Taipei exported $6.24M to Laos. The main products that Chinese Taipei exported to Laos were Synthetic Filament Yarn Woven Fabric ($3.79M), Prepared Pigments ($814k), and Light Rubberized Knitted Fabric ($504k). Over the past 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 13.7%, from $13M in 2018 to $6.24M in 2023.

In 2023, Chinese Taipei did not export any services to Laos.

Laos-Chinese Taipei Trade: In 2023, Laos exported $18.1M to Chinese Taipei. The main products that Laos exported to Chinese Taipei were Sawn Wood ($2.6M), Potassic Fertilizers ($2.2M), and Cereal Meal and Pellets ($2.1M). Over the past 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 2.24%,  from $16.2M in 2018 to $18.1M in 2023.

In 2023, Laos did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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 2023, Chinese Taipei exported $6.24M to Laos. The main products exported from Chinese Taipei to Laos were Synthetic Filament Yarn Woven Fabric ($3.79M), Prepared Pigments ($814k), and Light Rubberized Knitted Fabric ($504k). During the last 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 13.7%, from $13M in 2018 to $6.24M in 2023.

In 2018, Laos exported $18.1M to Chinese Taipei. The main products exported from Laos to Chinese Taipei were Sawn Wood ($2.6M), Potassic Fertilizers ($2.2M), and Cereal Meal and Pellets ($2.1M). During the last 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 2.24%, from $16.2M in 2023 to $18.1M in 2018.

Exports from Chinese Taipei (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Laos
Top Destination
China$3.41B

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

In 2023, countries that imported more from Chinese Taipei than Laos included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Laos than Chinese Taipei included Sao Tome and Principe ($25.6k).

Difference in imports from Laos (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Laos

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Laos in the exports of Textiles ($4.32M), Chemical Products ($823k), and Transportation ($499k).

During 2018, Laos had a large net trade with Chinese Taipei in the exports of Vegetable Products ($5.87M), Wood Products ($3.13M), and Chemical Products ($3.08M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Laos (Flag) (2023)

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