Azerbaijan (AZE) and Laos (LAO) Trade | The Observatory of Economic Complexity

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

Laos-Azerbaijan Trade: In N/A, Laos exported $258k to Azerbaijan. The main products that Laos exported to Azerbaijan were Video Displays ($150k), Rubber Footwear ($36.4k), and Leather Footwear ($22.6k). Over the past N/A years the exports of Laos to Azerbaijan have increased at an annualized rate of 63.2%, from $22.3k in N/A to $258k in N/A.

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

Comparison: In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Azerbaijan does not register exports to Laos.

In 2017, Laos exported $258k to Azerbaijan. The main products exported from Laos to Azerbaijan were Video Displays ($150k), Rubber Footwear ($36.4k), and Leather Footwear ($22.6k). During the last 5 years the exports of Laos to Azerbaijan have increased at an annualized rate of 63.2%, from $22.3k in 2022 to $258k in 2017.

Exports from Azerbaijan () to Laos () (2022)

Exports from Laos () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Azerbaijan than Laos included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Difference in imports from Laos () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Laos had a large net trade with Azerbaijan in the exports of Machines ($157k), Footwear and Headwear ($91.7k), and Textiles ($6.48k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Laos+$3.29kRefined Petroleum

Top Product Potential Laos Azerbaijan+$324kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Laos () (2022)

Exports from Laos () to Azerbaijan () (2022)

Market Competitiveness

Difference in imports from Laos () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Laos () (2022)

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