Uruguay (URY) and Laos (LAO) Trade | The Observatory of Economic Complexity

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In N/A, Uruguay did not export any services to Laos.

Laos-Uruguay Trade: In N/A, Laos exported $173k to Uruguay. The main products that Laos exported to Uruguay were Rubber Footwear ($76.8k), Textile Footwear ($52.5k), and Optical Fibers and optical fibre bundles ($26.9k). Over the past N/A years the exports of Laos to Uruguay have decreased at an annualized rate of 28.4%, from $917k in N/A to $173k in N/A.

In N/A, Laos did not export any services to Uruguay.

Comparison: In 2023, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Uruguay does not register exports to Laos.

In 2018, Laos exported $173k to Uruguay. The main products exported from Laos to Uruguay were Rubber Footwear ($76.8k), Textile Footwear ($52.5k), and Optical Fibers and optical fibre bundles ($26.9k). During the last 5 years the exports of Laos to Uruguay have decreased at an annualized rate of 28.4%, from $917k in 2023 to $173k in 2018.

Exports from Uruguay () to Laos () (2023)

Exports from Laos () to Uruguay () (2023)

Latest Data

Trade between Uruguay () and Laos ()

Laos Exports

Date

May 2019

Mar 2019

Feb 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.34B

Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Uruguay than Laos included Brazil ($1.92B), United States ($880M), and Argentina ($569M).

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

Difference in imports from Laos () and Uruguay () (2023)

Comparative Advantage Uruguay - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Laos had a large net trade with Uruguay in the exports of Footwear and Headwear ($133k), Instruments ($26.9k), and Machines ($13.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Laos+$1.86kDelivery Trucks

Top Product Potential Laos Uruguay+$44.1kRubber Footwear

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Laos () (2023)

Exports from Laos () to Uruguay () (2023)

Latest Data

Trade between Uruguay () and Laos ()

Laos Exports

Market Competitiveness

Difference in imports from Laos () and Uruguay () (2023)

Comparative Advantage Uruguay - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uruguay () and Laos () (2023)

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