2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC
$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 123 / 195

About

Tanzania-Laos Trade: In 2019, Tanzania exported $24.3k to Laos. The main products that Tanzania exported to Laos were N/A. Over the past 14 years the exports of Tanzania to Laos have increased at an annualized rate of 32.9%, from $453 in 2005 to $24.3k in 2019.

In 2019, Tanzania did not export any services to Laos.

Laos-Tanzania In N/A, Laos did not export any products to Tanzania.

In 2019, Laos did not export any services to Tanzania.

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). 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 2019, Tanzania exported $24.3k to Laos. There were not main exports from Tanzania to Laos in 2019. During the last 14 years the exports of Tanzania to Laos have increased at an annualized rate of 32.9%, from $453 in 2005 to $24.3k in 2019.

Laos does not register exports to Tanzania. The main products exported from Laos to Tanzania were Broadcasting Equipment ($12k) and Electrical Control Boards ($1.56k).

Exports from Tanzania (Flag) to Laos (Flag) (2023)

Exports from Laos (Flag) to Tanzania (Flag) (2023)

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Laos
Top Destination
China$3.41B

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

In 2023, countries that imported more from Tanzania than Laos included United Arab Emirates ($1.62B), India ($1.74B), and Uganda ($1.35B).

In 2023, countries that imported more from Laos than Tanzania included Thailand ($2.99B), China ($3.41B), and Australia ($367M).

Difference in imports from Laos (Flag) and Tanzania (Flag) (2023)

Comparative Advantage Tanzania - Laos

Flow
Scale

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

During 2019, Tanzania had a large net trade with Laos in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Laos+$4.24kGold
Top Product Potential Laos Tanzania+$79.7kTelephones

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

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

Product Space of Tanzania (Flag) and Laos (Flag) (2023)

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