Laos (LAO) and Grenada (GRD) Trade | The Observatory of Economic Complexity

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Laos-Grenada Trade: In 2022, Laos exported $26.8k to Grenada. The main products that Laos exported to Grenada were Other Furniture ($25k), Seats ($900), and Glass Mirrors ($866). Over the past 13 years the exports of Laos to Grenada have increased at an annualized rate of 16.7%, from $3.61k in 2009 to $26.8k in 2022.

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

Grenada-Laos Trade: In 2022, Grenada exported $8.36k to Laos. The main products that Grenada exported to Laos were N/A. Over the past 13 years the exports of Grenada to Laos have increased at an annualized rate of 22.6%, from $3.02k in 2009 to $8.36k in 2022.

In 2022, Grenada 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, Grenada ranked 206 in total exports ($31.9M), 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 $26.8k to Grenada. The main products exported from Laos to Grenada were Other Furniture ($25k), Seats ($900), and Glass Mirrors ($866). During the last 13 years the exports of Laos to Grenada have increased at an annualized rate of 16.7%, from $3.61k in 2009 to $26.8k in 2022.

In 2016, Grenada exported $8.36k to Laos. There were not main exports from Grenada to Laos in 2016. During the last 5 years the exports of Grenada to Laos have increased at an annualized rate of 22.6%, from $3.02k in 2021 to $8.36k in 2016.

Exports from Laos () to Grenada () (2022)

Exports from Grenada () to Laos () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Grenada
Top DestinationUnited States$10.5M

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

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

In 2022, countries that imported more from Grenada than Laos included Antigua and Barbuda ($3.14M), Saint Vincent and the Grenadines ($1.22M), and Barbados ($1.08M).

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

Comparative Advantage Laos - Grenada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Grenada in the exports of Miscellaneous ($25.9k) and Stone And Glass ($866).

During 2016, Grenada had a large net trade with Laos 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 Grenada. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Grenada. Similarly, a dot/product with the flag of Grenada indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Grenada () (2022)

Exports from Grenada () to Laos () (2022)

Market Competitiveness

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

Comparative Advantage Laos - Grenada

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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