Peru (PER) and Laos (LAO) Trade | The Observatory of Economic Complexity

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Peru-Laos Trade: In 2021, Peru exported $247 to Laos. The main products that Peru exported to Laos were N/A. Over the past 11 years the exports of Peru to Laos have decreased at an annualized rate of 29.6%, from $11.8k in 2010 to $247 in 2021.

In 2021, Peru did not export any services to Laos.

Laos-Peru Trade: In 2021, Laos exported $1.24M to Peru. The main products that Laos exported to Peru were Optical Fibers and optical fibre bundles ($512k), Broadcasting Equipment ($494k), and Rubber Footwear ($105k). Over the past 11 years the exports of Laos to Peru have increased at an annualized rate of 43.4%, from $204k in 2010 to $1.24M in 2021.

In 2021, Laos did not export any services to Peru.

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Peru exported $247 to Laos. There were not main exports from Peru to Laos in 2021. During the last 11 years the exports of Peru to Laos have decreased at an annualized rate of 29.6%, from $11.8k in 2010 to $247 in 2021.

In 2017, Laos exported $1.24M to Peru. The main products exported from Laos to Peru were Optical Fibers and optical fibre bundles ($512k), Broadcasting Equipment ($494k), and Rubber Footwear ($105k). During the last 5 years the exports of Laos to Peru have increased at an annualized rate of 43.4%, from $204k in 2022 to $1.24M in 2017.

Exports from Peru () to Laos () (2022)

Exports from Laos () to Peru () (2022)

Latest Data

Trade between Peru () and Laos ()

Peru Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Peru than Laos included China ($17.6B), United States ($8.69B), and Canada ($2.69B).

In 2022, countries that imported more from Laos than Peru included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).

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

Comparative Advantage Peru - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Peru had a large net trade with Laos in the exports of .

During 2017, Laos had a large net trade with Peru in the exports of Machines ($531k), Instruments ($512k), and Footwear and Headwear ($193k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Laos+$4.06kGold

Top Product Potential Laos Peru+$882kTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Laos () (2022)

Exports from Laos () to Peru () (2022)

Latest Data

Trade between Peru () and Laos ()

Peru Exports

Laos Exports

Market Competitiveness

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

Comparative Advantage Peru - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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