Laos (LAO) and Saint Vincent and the Grenadines (VCT) Trade | The Observatory of Economic Complexity

About

Laos-Saint Vincent and the Grenadines Trade: In 2020, Laos exported $4.17k to Saint Vincent and the Grenadines. The main products that Laos exported to Saint Vincent and the Grenadines were N/A. Over the past 13 years the exports of Laos to Saint Vincent and the Grenadines have decreased at an annualized rate of 15.4%, from $36.9k in 2007 to $4.17k in 2020.

In 2020, Laos did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-Laos In N/A, Saint Vincent and the Grenadines did not export any products to Laos.

In 2020, Saint Vincent and the Grenadines 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, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Laos exported $4.17k to Saint Vincent and the Grenadines. There were not main exports from Laos to Saint Vincent and the Grenadines in 2020. During the last 13 years the exports of Laos to Saint Vincent and the Grenadines have decreased at an annualized rate of 15.4%, from $36.9k in 2007 to $4.17k in 2020.

Saint Vincent and the Grenadines does not register exports to Laos.

Exports from Laos () to Saint Vincent and the Grenadines () (2020)

Exports from Saint Vincent and the Grenadines () to Laos () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Saint Vincent and the Grenadines
Top DestinationMalaysia$27.8M

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

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

In 2022, countries that imported more from Saint Vincent and the Grenadines than Laos included Greece ($7.79M), Barbados ($6.84M), and Antigua and Barbuda ($3.5M).

Difference in imports from Saint Vincent and the Grenadines () and Laos () (2022)

Comparative Advantage Laos - Saint Vincent and the Grenadines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Laos and Saint Vincent and the Grenadines by product, considering products traded by both, Laos and Saint Vincent and the Grenadines.

During 2020, Laos had a large net trade with Saint Vincent and the Grenadines in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Laos and Saint Vincent and the Grenadines. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Saint Vincent and the Grenadines. Similarly, a dot/product with the flag of Saint Vincent and the Grenadines indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Saint Vincent and the Grenadines () (2020)

Exports from Saint Vincent and the Grenadines () to Laos () (2020)

Market Competitiveness

Difference in imports from Saint Vincent and the Grenadines () and Laos () (2022)

Comparative Advantage Laos - Saint Vincent and the Grenadines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Saint Vincent and the Grenadines () (2020)

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