North Korea (PRK) and Laos (LAO) Trade | The Observatory of Economic Complexity

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North Korea-Laos Trade: In 2021, North Korea exported $281k to Laos. The main products that North Korea exported to Laos were N/A. Over the past 5 years the exports of North Korea to Laos have increased at an annualized rate of 87%, from $12.3k in 2016 to $281k in 2021.

In 2021, North Korea did not export any services to Laos.

Laos-North Korea Trade: In 2021, Laos exported $10.5k to North Korea. The main products that Laos exported to North Korea were N/A. Over the past 5 years the exports of Laos to North Korea have decreased at an annualized rate of 52.5%, from $434k in 2016 to $10.5k in 2021.

In 2021, Laos did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. 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, North Korea exported $281k to Laos. There were not main exports from North Korea to Laos in 2021. During the last 5 years the exports of North Korea to Laos have increased at an annualized rate of 87%, from $12.3k in 2016 to $281k in 2021.

In 2016, Laos exported $10.5k to North Korea. There were not main exports from Laos to North Korea in 2016. During the last 5 years the exports of Laos to North Korea have decreased at an annualized rate of 52.5%, from $434k in 2021 to $10.5k in 2016.

Exports from North Korea () to Laos () (2021)

Exports from Laos () to North Korea () (2021)

Latest Data

Trade between North Korea () and Laos ()

Laos Exports

Date

Dec 2019

Oct 2019

Jun 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from North Korea than Laos included Senegal ($26.9M), Nigeria ($14M), and Luxembourg ($6.44M).

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

Difference in imports from Laos () and North Korea () (2022)

Comparative Advantage North Korea - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

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Historical Data

Bilateral Trade by Products

Exports from North Korea () to Laos () (2021)

Exports from Laos () to North Korea () (2021)

Latest Data

Trade between North Korea () and Laos ()

Laos Exports

Market Competitiveness

Difference in imports from Laos () and North Korea () (2022)

Comparative Advantage North Korea - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Laos () (2021)

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