2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 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 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 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, Bolivia did not export any services to Laos.

Laos-Bolivia Trade: In N/A, Laos exported $118k to Bolivia. The main products that Laos exported to Bolivia were Video Recording Equipment ($34.8k), Video Displays ($31.5k), and Office Machine Parts ($23.6k). Over the past N/A years the exports of Laos to Bolivia have increased at an annualized rate of 62.8%,  from $10.3k in N/A to $118k in N/A.

In N/A, Laos did not export any services to Bolivia.

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). 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

Bolivia does not register exports to Laos.

In 2017, Laos exported $118k to Bolivia. The main products exported from Laos to Bolivia were Video Recording Equipment ($34.8k), Video Displays ($31.5k), and Office Machine Parts ($23.6k). During the last 5 years the exports of Laos to Bolivia have increased at an annualized rate of 62.8%, from $10.3k in 2022 to $118k in 2017.

Exports from Bolivia (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Laos
Top Destination
Thailand$3.29B

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

In 2022, countries that imported more from Bolivia than Laos included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

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

Comparative Advantage Bolivia - Laos

Flow
Scale

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

During 2017, Laos had a large net trade with Bolivia in the exports of Machines ($90.8k), Instruments ($19.4k), and Footwear and Headwear ($6.08k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Laos+$3.43kGold
Top Product Potential Laos Bolivia+$91.2kTelephones

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

Product Space of Bolivia (Flag) and Laos (Flag) (2022)

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