2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Chinese Taipei-Laos Trade: In 2022, Chinese Taipei exported $5.97M to Laos. The main products that Chinese Taipei exported to Laos were Synthetic Filament Yarn Woven Fabric ($4.1M), Rubberworking Machinery ($549k), and Light Rubberized Knitted Fabric ($324k). Over the past 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 17.7%, from $15.9M in 2017 to $5.97M in 2022.

In 2022, Chinese Taipei did not export any services to Laos.

Laos-Chinese Taipei Trade: In 2022, Laos exported $15.4M to Chinese Taipei. The main products that Laos exported to Chinese Taipei were Cereal Meal and Pellets ($2.53M), Coffee ($1.71M), and Broadcasting Equipment ($1.69M). Over the past 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 0.46%,  from $15M in 2017 to $15.4M in 2022.

In 2022, Laos did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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
Value

In 2022, Chinese Taipei exported $5.97M to Laos. The main products exported from Chinese Taipei to Laos were Synthetic Filament Yarn Woven Fabric ($4.1M), Rubberworking Machinery ($549k), and Light Rubberized Knitted Fabric ($324k). During the last 5 years the exports of Chinese Taipei to Laos have decreased at an annualized rate of 17.7%, from $15.9M in 2017 to $5.97M in 2022.

In 2017, Laos exported $15.4M to Chinese Taipei. The main products exported from Laos to Chinese Taipei were Cereal Meal and Pellets ($2.53M), Coffee ($1.71M), and Broadcasting Equipment ($1.69M). During the last 5 years the exports of Laos to Chinese Taipei have increased at an annualized rate of 0.46%, from $15M in 2022 to $15.4M in 2017.

Exports from Chinese Taipei (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Laos
Top Destination
Thailand$3.29B

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 2022, countries that imported more from Chinese Taipei than Laos included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Laos than Chinese Taipei included Central African Republic ($100k) and Sao Tome and Principe ($32.4k).

Difference in imports from Laos (Flag) and Chinese Taipei (Flag) (2022)

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 2022, Chinese Taipei had a large net trade with Laos in the exports of Textiles ($4.44M), Machines ($776k), and Chemical Products ($452k).

During 2017, Laos had a large net trade with Chinese Taipei in the exports of Vegetable Products ($6.78M), Machines ($3.13M), and Textiles ($1.63M).

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) (2022)

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