Singapore (SGP) and Laos (LAO) Trade | The Observatory of Economic Complexity

About

Singapore-Laos Trade: In 2022, Singapore exported $95.5M to Laos. The main products that Singapore exported to Laos were Other Electrical Machinery ($53.1M), Scented Mixtures ($8.49M), and Vaccines, blood, antisera, toxins and cultures ($7.6M). Over the past 5 years the exports of Singapore to Laos have increased at an annualized rate of 15.2%, from $47.1M in 2017 to $95.5M in 2022.

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

Laos-Singapore Trade: In 2022, Laos exported $130M to Singapore. The main products that Laos exported to Singapore were Laboratory Glassware ($51.6M), Electricity ($24M), and Other Glass Articles ($19.1M). Over the past 5 years the exports of Laos to Singapore have increased at an annualized rate of 15.3%, from $13.3M in 2017 to $130M in 2022.

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

Comparison: In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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 2022, Singapore exported $95.5M to Laos. The main products exported from Singapore to Laos were Other Electrical Machinery ($53.1M), Scented Mixtures ($8.49M), and Vaccines, blood, antisera, toxins and cultures ($7.6M). During the last 5 years the exports of Singapore to Laos have increased at an annualized rate of 15.2%, from $47.1M in 2017 to $95.5M in 2022.

In 2017, Laos exported $130M to Singapore. The main products exported from Laos to Singapore were Laboratory Glassware ($51.6M), Electricity ($24M), and Other Glass Articles ($19.1M). During the last 5 years the exports of Laos to Singapore have increased at an annualized rate of 15.3%, from $13.3M in 2022 to $130M in 2017.

Exports from Singapore () to Laos () (2022)

Exports from Laos () to Singapore () (2022)

Latest Data

Trade between Singapore () and Laos ()

Singapore Exports

Date

Laos Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from Singapore than Laos included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, no countries were registered that imported more from Laos than from Singapore.

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

Comparative Advantage Singapore - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Laos in the exports of Machines ($64.6M), Chemical Products ($17.4M), and Transportation ($4.06M).

During 2017, Laos had a large net trade with Singapore in the exports of Stone And Glass ($85.3M), Mineral Products ($24M), and Precious Metals ($13.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Laos+$5.3MRefined Petroleum

Top Product Potential Laos Singapore+$15.7MGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Laos () (2022)

Exports from Laos () to Singapore () (2022)

Latest Data

Trade between Singapore () and Laos ()

Singapore Exports

Laos Exports

Market Competitiveness

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

Comparative Advantage Singapore - Laos

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 Singapore () and Laos () (2022)

Keep Exploring