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ExportsAustralia-Laos Trade: In 2022, Australia exported $24.7M to Laos. The main products that Australia exported to Laos were Liquid Pumps ($7.21M), Stone Processing Machines ($2.42M), and Valves ($2.02M). Over the past 5 years the exports of Australia to Laos have increased at an annualized rate of 2.59%, from $21.7M in 2017 to $24.7M in 2022.
In 2022, Australia did not export any services to Laos.
Laos-Australia Trade: In 2022, Laos exported $351M to Australia. The main products that Laos exported to Australia were Gold ($338M), Leather Footwear ($2.04M), and Video Recording Equipment ($1.82M). Over the past 5 years the exports of Laos to Australia have increased at an annualized rate of 103%, from $10.2M in 2017 to $351M in 2022.
In 2022, Laos did not export any services to Australia.
Comparison: In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).
