Laos (LAO) and Nepal (NPL) Trade | The Observatory of Economic Complexity

About

Laos-Nepal Trade: In 2022, Laos exported $30.1k to Nepal. The main products that Laos exported to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). Over the past 5 years the exports of Laos to Nepal have increased at an annualized rate of 217%, from $94 in 2017 to $30.1k in 2022.

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

Nepal-Laos Trade: In 2022, Nepal exported $24.2k to Laos. The main products that Nepal exported to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). Over the past 5 years the exports of Nepal to Laos have increased at an annualized rate of 123%, from $442 in 2017 to $24.2k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), 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 $30.1k to Nepal. The main products exported from Laos to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). During the last 5 years the exports of Laos to Nepal have increased at an annualized rate of 217%, from $94 in 2017 to $30.1k in 2022.

In 2017, Nepal exported $24.2k to Laos. The main products exported from Nepal to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). During the last 5 years the exports of Nepal to Laos have increased at an annualized rate of 123%, from $442 in 2022 to $24.2k in 2017.

Exports from Laos () to Nepal () (2022)

Exports from Nepal () to Laos () (2022)

Latest Data

Trade between Laos () and Nepal ()

Laos Exports

Date

Dec 2019

Sep 2019

Jan 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Nepal
Top DestinationIndia$956M

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

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

In 2022, countries that imported more from Nepal than Laos included India ($956M), Turkey ($28.3M), and Central African Republic ($8.88M).

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

Comparative Advantage Laos - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Nepal in the exports of Machines ($25.8k), Paper Goods ($2.87k), and Textiles ($1.26k).

During 2017, Nepal had a large net trade with Laos in the exports of Vegetable Products ($24.1k) and Paper Goods ($95).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Nepal+$108kTelephones

Top Product Potential Nepal Laos+$20.1kPerfume Plants

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Laos and Nepal. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Nepal () (2022)

Exports from Nepal () to Laos () (2022)

Latest Data

Trade between Laos () and Nepal ()

Laos Exports

Market Competitiveness

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

Comparative Advantage Laos - Nepal

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring