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2022
Flag → Flag
Exports $650MRnk 43 / 152
2022
Flag → Flag
Top Product $126MRefined Petroleum
2022
Flag → Flag
Exports $978MRnk 3 / 125
2022
Flag → Flag
Top Product $212MRubber
2022
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Economic Complexity (ECI) ECI 0.062Rnk 60 / 124
2022
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Economic Complexity (ECI) ECI -0.83Rnk 95 / 124
2022
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GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
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 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
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GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
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GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

Vietnam-Laos In 2022, Vietnam exported $650M to Laos. The main products that Vietnam exported to Laos are Refined Petroleum ($126M), Other Fruits ($43.6M), and Motorcycles and cycles ($26.2M). During the last 22 years the exports of Vietnam to Laos have increased at an annualized rate of 11%, from $65.6M in 2000 to $650M in 2022.

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

Laos-Vietnam In 2022, Laos exported $978M to Vietnam. The main products that Laos exported to Vietnam were Rubber ($212M), Electricity ($134M), and Sawn Wood ($122M). During the last 22 years the exports of Laos to Vietnam have increased at an annualized rate of 11.1%, from $96.7M in 2000 to $978M in 2022.

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

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, Laos ranked 95 in the Economic Complexity Index (ECI -0.83), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $650M to Laos. The main products exported from Vietnam to Laos were Refined Petroleum ($126M), Other Fruits ($43.6M), and Motorcycles and cycles ($26.2M). During the last 22 years the exports of Vietnam to Laos have increased at an annualized rate of 11%, from $65.6M in 2000 to $650M in 2022.

In 2022, Laos exported $978M to Vietnam. The main products exported from Laos to Vietnam were Rubber ($212M), Electricity ($134M), and Sawn Wood ($122M). During the last 22 years the exports of Laos to Vietnam have increased at an annualized rate of 11.1%, from $96.7M in 2000 to $978M in 2022.

Exports from Vietnam (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Laos (Flag)

Laos Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Laos
Top DestinationThailand$3.29B

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

In 2021, countries that imported more from Vietnam than Laos were United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2019, no countries were registered that imported more from Laos than from Vietnam.

Difference in imports from Laos (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Laos

Flow
Scale

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

During 2022, Vietnam had a large net trade with Laos in the exports of Mineral Products ($143M), Metals ($111M), and Vegetable Products ($78.6M).

During 2022, Laos had a large net trade with Vietnam in the exports of Mineral Products ($240M), Plastics and Rubbers ($234M), and Vegetable Products ($196M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Vietnam.

Product Space of Vietnam (Flag) and Laos (Flag) (2022)

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