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Pricing

2021
Flag → Flag
Exports $3.22MRnk 8 / 0
2021
Flag → Flag
Exports $10.7MRnk 172 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC $2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Laos-Saudi Arabia Trade: In 2021, Laos exported $3.22M to Saudi Arabia. The main products that Laos exported to Saudi Arabia were N/A. Over the past 5 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 23.6%, from $1.12M in 2016 to $3.22M in 2021.

In 2021, Laos did not export any services to Saudi Arabia.

Saudi Arabia-Laos In N/A, Saudi Arabia did not export any products to Laos.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Laos exported $3.22M to Saudi Arabia. There were not main exports from Laos to Saudi Arabia in 2021. During the last 5 years the exports of Laos to Saudi Arabia have increased at an annualized rate of 23.6%, from $1.12M in 2016 to $3.22M in 2021.

Saudi Arabia does not register exports to Laos.

Exports from Laos (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Laos (Flag) (2021)

Market Competitiveness

Color
Laos
Top DestinationThailand$3.29B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Laos than Saudi Arabia included Cambodia ($207M), Mexico ($64.5M), and Israel ($280k).

In 2022, countries that imported more from Saudi Arabia than Laos included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Laos (Flag) (2022)

Comparative Advantage Laos - Saudi Arabia

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Laos Saudi Arabia+$6.13kGold
Top Product Potential Saudi Arabia Laos+$6.66kRefined 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 Saudi Arabia. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Laos.

Product Space of Laos (Flag) and Saudi Arabia (Flag) (2021)

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