Belarus (BLR) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Belarus-Laos Trade: In 2021, Belarus exported $34.8k to Laos. The main products that Belarus exported to Laos were N/A. Over the past 5 years the exports of Belarus to Laos have decreased at an annualized rate of 57.4%, from $2.48M in 2016 to $34.8k in 2021.

In 2014, Belarus exported services to Laos worth $300, with Government services, n.i.e. ($300) being the largest in terms of value.

Laos-Belarus Trade: In 2021, Laos exported $86.8k to Belarus. The main products that Laos exported to Belarus were N/A. Over the past 5 years the exports of Laos to Belarus have increased at an annualized rate of 47.8%, from $12.3k in 2016 to $86.8k in 2021.

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

Comparison: In 2022, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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

In 2021, Belarus exported $34.8k to Laos. There were not main exports from Belarus to Laos in 2021. During the last 5 years the exports of Belarus to Laos have decreased at an annualized rate of 57.4%, from $2.48M in 2016 to $34.8k in 2021.

In 2016, Laos exported $86.8k to Belarus. There were not main exports from Laos to Belarus in 2016. During the last 5 years the exports of Laos to Belarus have increased at an annualized rate of 47.8%, from $12.3k in 2021 to $86.8k in 2016.

Exports from Belarus () to Laos () (2021)

Exports from Laos () to Belarus () (2021)

Latest Data

Trade between Belarus () and Laos ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$1.6B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Belarus than Laos included Ukraine ($1.29B), Poland ($933M), and Kazakhstan ($827M).

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

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

Comparative Advantage Belarus - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2016, Laos had a large net trade with Belarus in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Laos+$2.18kRefined Petroleum

Top Product Potential Laos Belarus+$2.29kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Belarus () to Laos () (2021)

Exports from Laos () to Belarus () (2021)

Latest Data

Trade between Belarus () and Laos ()

Belarus Exports

Market Competitiveness

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

Comparative Advantage Belarus - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belarus () and Laos () (2021)

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