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2022
Flag → Flag
Exports $210kRnk 81 / 129
2022
Flag → Flag
Top Product $210kHard Liquor
2022
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Exports $480kRnk 54 / 125
2022
Flag → Flag
Top Product $229kTextile Footwear
2022
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Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
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Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
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GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 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 $7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 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

Armenia-Laos In 2022, Armenia exported $210k to Laos. The main products that Armenia exported to Laos are Hard Liquor ($210k). During the last 10 years the exports of Armenia to Laos have increased at an annualized rate of 16.9%, from $44.1k in 2012 to $210k in 2022.

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

Laos-Armenia In 2022, Laos exported $480k to Armenia. The main products that Laos exported to Armenia were Textile Footwear ($229k), Knit Men's Undergarments ($83.9k), and Rubber Footwear ($56.3k). During the last 10 years the exports of Laos to Armenia have increased at an annualized rate of 108%, from $313 in 2012 to $480k in 2022.

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

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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
Value

In 2022, Armenia exported $210k to Laos. The main products exported from Armenia to Laos were Hard Liquor ($210k). During the last 10 years the exports of Armenia to Laos have increased at an annualized rate of 16.9%, from $44.1k in 2012 to $210k in 2022.

In 2022, Laos exported $480k to Armenia. The main products exported from Laos to Armenia were Textile Footwear ($229k), Knit Men's Undergarments ($83.9k), and Rubber Footwear ($56.3k). During the last 16 years the exports of Laos to Armenia have increased at an annualized rate of 108%, from $313 in 2006 to $480k in 2022.

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

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

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Laos
Top DestinationThailand$3.29B

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

In 2021, countries that imported more from Armenia than Laos were Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2021, countries that imported more from Laos than Armenia were Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

Comparative Advantage Armenia - Laos

Flow
Scale

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

During 2022, Armenia had a large net trade with Laos in the exports of Foodstuffs ($210k).

During 2022, Laos had a large net trade with Armenia in the exports of Footwear and Headwear ($342k), Textiles ($121k), and Machines ($14.2k).

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 Armenia has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over Armenia.

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

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