2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

In N/A, Bosnia and Herzegovina did not export any services to Laos.

Laos-Bosnia and Herzegovina Trade: In N/A, Laos exported $249k to Bosnia and Herzegovina. The main products that Laos exported to Bosnia and Herzegovina were Textile Footwear ($108k), Rubber Footwear ($49.5k), and Leather Footwear ($40.4k). Over the past N/A years the exports of Laos to Bosnia and Herzegovina have increased at an annualized rate of 41.2%,  from $44.4k in N/A to $249k in N/A.

In N/A, Laos did not export any services to Bosnia and Herzegovina.

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). 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
Value

Bosnia and Herzegovina does not register exports to Laos.

In 2017, Laos exported $249k to Bosnia and Herzegovina. The main products exported from Laos to Bosnia and Herzegovina were Textile Footwear ($108k), Rubber Footwear ($49.5k), and Leather Footwear ($40.4k). During the last 5 years the exports of Laos to Bosnia and Herzegovina have increased at an annualized rate of 41.2%, from $44.4k in 2022 to $249k in 2017.

Exports from Bosnia and Herzegovina (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Laos (Flag)

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Laos
Top Destination
Thailand$3.29B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Laos included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

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

Difference in imports from Laos (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Laos

Flow
Scale

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

During 2017, Laos had a large net trade with Bosnia and Herzegovina in the exports of Footwear and Headwear ($222k), Textiles ($17.1k), and Machines ($9.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Laos+$1.96kRefined Petroleum
Top Product Potential Laos Bosnia and Herzegovina+$91.8kLeather Footwear

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

Product Space of Bosnia and Herzegovina (Flag) and Laos (Flag) (2022)

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