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Pricing

2022
Flag → Flag
Exports $26.6MRnk 132 / 216
2022
Flag → Flag
Top Product $19.9MOther Electrical Machinery
2022
Flag → Flag
Exports $147MRnk 9 / 125
2022
Flag → Flag
Top Product $142MPotassic Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%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

About

Indonesia-Laos Trade: In 2022, Indonesia exported $26.6M to Laos. The main products that Indonesia exported to Laos were Other Electrical Machinery ($19.9M), Large Construction Vehicles ($2.33M), and Insulated Wire ($1.74M). Over the past 5 years the exports of Indonesia to Laos have decreased at an annualized rate of 17.7%, from $70.6M in 2017 to $26.6M in 2022.

In 2022, Indonesia did not export any services to Laos.

Laos-Indonesia Trade: In 2022, Laos exported $147M to Indonesia. The main products that Laos exported to Indonesia were Potassic Fertilizers ($142M), Dissolving Grades Chemical Woodpulp ($1.38M), and Electrical Transformers ($778k). Over the past 5 years the exports of Laos to Indonesia have increased at an annualized rate of 67.8%,  from $11M in 2017 to $147M in 2022.

In 2022, Laos did not export any services to Indonesia.

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Latest Data

Trade between Indonesia (Flag) and Laos (Flag)

Indonesia Exports

Laos Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Indonesia than Laos included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, no countries were registered that imported more from Laos than from Indonesia.

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Indonesia Laos+$3.92MOther Electrical Machinery
Top Product Potential Laos Indonesia+$2.42MDissolving Grades Chemical Woodpulp

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

Product Space of Indonesia (Flag) and Laos (Flag) (NaN)

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