2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
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GDP GROWTH
54.3%CURRENT US$
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2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Laos-Cyprus In 2022, Laos exported $22.2k to Cyprus. The main products that Laos exported to Cyprus are Other Edible Preparations ($12.7k), Non-Knit Men's Suits ($6k), and Non-Knit Active Wear ($2.41k). During the last 27 years the exports of Laos to Cyprus have increased at an annualized rate of 1.76%, from $13.9k in 1995 to $22.2k in 2022.

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

Cyprus-Laos In 2022, Cyprus exported $3.11k to Laos. The main products that Cyprus exported to Laos were Packaged Medicaments ($3.11k). During the last 27 years the exports of Cyprus to Laos have increased at an annualized rate of 2.23%, from $1.71k in 1995 to $3.11k in 2022.

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

Comparison In 2022,  Laos ranked 100 in the Economic Complexity Index (ECI -0.79),  and 106 in total exports ($9.36B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $22.2k to Cyprus. The main products exported from Laos to Cyprus were Other Edible Preparations ($12.7k), Non-Knit Men's Suits ($6k), and Non-Knit Active Wear ($2.41k). During the last 27 years the exports of Laos to Cyprus have increased at an annualized rate of 1.76%, from $13.9k in 1995 to $22.2k in 2022.

In 2022, Cyprus exported $3.11k to Laos. The main products exported from Cyprus to Laos were Packaged Medicaments ($3.11k). During the last 26 years the exports of Cyprus to Laos have increased at an annualized rate of 2.23%, from $1.71k in 1996 to $3.11k in 2022.

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

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

Latest Data

Trade between Laos (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Cyprus
Top Destination
Hong Kong$482M

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

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

In 2021, countries that imported more from Cyprus than Laos were Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

Comparative Advantage Laos - Cyprus

Flow
Scale

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

During 2022, Laos had a large net trade with Cyprus in the exports of Foodstuffs ($12.7k), Textiles ($8.72k), and Footwear and Headwear ($735).

During 2022, Cyprus had a large net trade with Laos in the exports of Chemical Products ($3.11k).

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

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

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