2022
Flag  
GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
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 
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 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

Tanzania-Laos Trade: In 2019, Tanzania exported $22.5k 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 32.2%, from $453 in 2005 to $22.5k in 2019.

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

Laos-Tanzania Trade: In 2019, Laos exported $19.7k to Tanzania. The main products that Laos exported to Tanzania were Telephones ($10.8k) and Broadcasting Equipment ($8.91k). Over the past 14 years the exports of Laos to Tanzania have increased at an annualized rate of 70.3%,  from $1.38k in 2005 to $19.7k in 2019.

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

Comparison: In 2022,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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 2019, Tanzania exported $22.5k 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 32.2%, from $453 in 2005 to $22.5k in 2019.

In 2017, Laos exported $19.7k to Tanzania. The main products exported from Laos to Tanzania were Telephones ($10.8k) and Broadcasting Equipment ($8.91k). During the last 5 years the exports of Laos to Tanzania have increased at an annualized rate of 70.3%, from $1.38k in 2022 to $19.7k in 2017.

Exports from Tanzania (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Tanzania (Flag) (2022)

Market Competitiveness

Color
Tanzania
Top Destination
India$2.73B
Laos
Top Destination
Thailand$3.29B

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 2022, countries that imported more from Tanzania than Laos included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

In 2022, countries that imported more from Laos than Tanzania included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

Difference in imports from Laos (Flag) and Tanzania (Flag) (2022)

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 .

During 2017, Laos had a large net trade with Tanzania in the exports of Machines ($19.7k).

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) (2022)

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