GDP$15.7BCURRENT US$Rnk 128 / 186 GDP GROWTH54.3%CURRENT US$Rnk 52 / 186
GDP$17.1BCURRENT US$Rnk 125 / 186 GDP GROWTH15.5%CURRENT US$Rnk 135 / 186 GDP PC $2,088CURRENT US$Rnk 149 / 186GDP PC GROWTH33.4%CURRENT US$Rnk 59 / 186GDP PC$6,047CURRENT US$Rnk 103 / 186GDP PC GROWTH12.7%CURRENT US$Rnk 105 / 186In N/A, Laos did not export any services to Jamaica.
Jamaica-Laos In N/A, Jamaica did not export any products to Laos.
In N/A, Jamaica did not export any services to Laos.
Comparison: In 2022, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).
This map shows whether countries import more from Laos or Jamaica. Each country is colored based on the difference in imports they receive from Laos and Jamaica or the difference in the growth in imports.
In 2022, countries that imported more from Laos than Jamaica included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).
In 2022, countries that imported more from Jamaica than Laos included United States ($1.11B), Russia ($99.7M), and Canada ($81M).
) and Laos () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Laos and Jamaica. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Jamaica. Similarly, a dot/product with the flag of Jamaica indicates it has a comparative advantage over Laos.
) and Jamaica () (2020)
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