Laos (LAO) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Laos-Cyprus Trade: In 2022, Laos exported $22.2k to Cyprus. The main products that Laos exported to Cyprus were Other Edible Preparations ($12.7k), Non-Knit Men's Suits ($6k), and Non-Knit Active Wear ($2.41k). Over the past 11 years the exports of Laos to Cyprus have increased at an annualized rate of 13.4%, from $5.6k in 2011 to $22.2k in 2022.

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

Cyprus-Laos Trade: In 2022, Cyprus exported $3.11k to Laos. The main products that Cyprus exported to Laos were Packaged Medicaments ($3.11k). Over the past 11 years the exports of Cyprus to Laos have decreased at an annualized rate of 62.6%, from $426k in 2011 to $3.11k in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), 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 2022, Laos exported $22.2k to Cyprus. The main products exported from Laos to Cyprus were Other Edible Preparations ($12.7k), Non-Knit Men's Suits ($6k), and Non-Knit Active Wear ($2.41k). During the last 11 years the exports of Laos to Cyprus have increased at an annualized rate of 13.4%, from $5.6k in 2011 to $22.2k in 2022.

In 2017, Cyprus exported $3.11k to Laos. The main products exported from Cyprus to Laos were Packaged Medicaments ($3.11k). During the last 5 years the exports of Cyprus to Laos have decreased at an annualized rate of 62.6%, from $426k in 2022 to $3.11k in 2017.

Exports from Laos () to Cyprus () (2022)

Exports from Cyprus () to Laos () (2022)

Latest Data

Trade between Laos () and Cyprus ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Laos included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

Difference in imports from Cyprus () and Laos () (2022)

Comparative Advantage Laos - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Cyprus in the exports of Foodstuffs ($12.7k), Textiles ($8.72k), and Footwear and Headwear ($735).

During 2017, Cyprus had a large net trade with Laos in the exports of Chemical Products ($3.11k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Cyprus () (2022)

Exports from Cyprus () to Laos () (2022)

Latest Data

Trade between Laos () and Cyprus ()

Cyprus Exports

Market Competitiveness

Difference in imports from Cyprus () and Laos () (2022)

Comparative Advantage Laos - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Cyprus () (2022)

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