2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

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.

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.

Comparison: In 2022,  Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $86.8k to Belarus. There were not main exports from Laos to Belarus in 2021. During the last 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 2016, Belarus exported $34.8k to Laos. There were not main exports from Belarus to Laos in 2016. During the last 5 years the exports of Belarus to Laos have decreased at an annualized rate of 57.4%, from $2.48M in 2021 to $34.8k in 2016.

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

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

Latest Data

Trade between Laos (Flag) and Belarus (Flag)

Belarus Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Belarus
Top Destination
China$1.6B

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

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

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

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

Comparative Advantage Laos - Belarus

Flow
Scale

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

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Belarus+$2.29kTelephones
Top Product Potential Belarus Laos+$2.18kRefined Petroleum

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

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

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