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Pricing

2021
Flag → Flag
Exports $1.83MRnk 121 / 0
2021
Flag → Flag
Exports $545kRnk 52 / 125
2021
Flag → Flag
Top Product $466kCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Ukraine-Laos Trade: In 2021, Ukraine exported $1.83M to Laos. The main products that Ukraine exported to Laos were N/A. Over the past 5 years the exports of Ukraine to Laos have decreased at an annualized rate of 5.13%, from $2.39M in 2016 to $1.83M in 2021.

In 2021, Ukraine did not export any services to Laos.

Laos-Ukraine Trade: In 2021, Laos exported $545k to Ukraine. The main products that Laos exported to Ukraine were Coffee ($466k), Textile Footwear ($18.7k), and Broadcasting Equipment ($15.9k). Over the past 5 years the exports of Laos to Ukraine have decreased at an annualized rate of 8.17%,  from $835k in 2016 to $545k in 2021.

In 2021, Laos did not export any services to Ukraine.

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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 2021, Ukraine exported $1.83M to Laos. There were not main exports from Ukraine to Laos in 2021. During the last 5 years the exports of Ukraine to Laos have decreased at an annualized rate of 5.13%, from $2.39M in 2016 to $1.83M in 2021.

In 2017, Laos exported $545k to Ukraine. The main products exported from Laos to Ukraine were Coffee ($466k), Textile Footwear ($18.7k), and Broadcasting Equipment ($15.9k). During the last 5 years the exports of Laos to Ukraine have decreased at an annualized rate of 8.17%, from $835k in 2022 to $545k in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Laos (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Ukraine than Laos included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Laos than Ukraine included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).

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

Comparative Advantage Ukraine - Laos

Flow
Scale

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

During 2021, Ukraine had a large net trade with Laos in the exports of .

During 2017, Laos had a large net trade with Ukraine in the exports of Vegetable Products ($468k), Footwear and Headwear ($40.5k), and Machines ($18.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Laos+$2.7kInsulated Wire
Top Product Potential Laos Ukraine+$4.16kElectricity

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 Ukraine and Laos. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Laos (Flag) (2022)

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