Laos / South Korea

Laos-South Korea In 2022, Laos exported $77.3M to South Korea. The main products that Laos exported to South Korea are Wood Charcoal ($30.7M), Potassic Fertilizers ($24.5M), and Hydrometers ($9.31M). During the last 26 years the exports of Laos to South Korea have increased at an annualized rate of 15.9%, from $1.65M in 1996 to $77.3M in 2022.

In 2022, Laos did not export any services to South Korea.

South Korea-Laos In 2022, South Korea exported $64.3M to Laos. The main products that South Korea exported to Laos were Delivery Trucks ($22.4M), Large Construction Vehicles ($7.4M), and Cars ($4.63M). During the last 26 years the exports of South Korea to Laos have increased at an annualized rate of 8.29%, from $8.11M in 1996 to $64.3M in 2022.

In 2022, South Korea did not export any services to Laos.

Comparison In 2022,  Laos ranked 95 in the Economic Complexity Index (ECI -0.83), and 106 in total exports ($9.36B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).