2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
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GDP PC 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Mexico-Laos In 2022, Mexico exported $771k to Laos. The main products that Mexico exported to Laos are Textile Scraps ($771k). During the last 25 years the exports of Mexico to Laos have increased at an annualized rate of 32%, from $750 in 1997 to $771k in 2022.

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

Laos-Mexico In 2022, Laos exported $64.5M to Mexico. The main products that Laos exported to Mexico were Optical Fibers and optical fibre bundles ($42.1M), Broadcasting Equipment ($20.6M), and Video Displays ($1.05M). During the last 25 years the exports of Laos to Mexico have increased at an annualized rate of 19.2%, from $804k in 1997 to $64.5M in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $771k to Laos. The main products exported from Mexico to Laos were Textile Scraps ($771k). During the last 25 years the exports of Mexico to Laos have increased at an annualized rate of 32%, from $750 in 1997 to $771k in 2022.

In 2022, Laos exported $64.5M to Mexico. The main products exported from Laos to Mexico were Optical Fibers and optical fibre bundles ($42.1M), Broadcasting Equipment ($20.6M), and Video Displays ($1.05M). During the last 27 years the exports of Laos to Mexico have increased at an annualized rate of 19.2%, from $804k in 1995 to $64.5M in 2022.

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

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

Latest Data

Trade between Mexico (Flag) and Laos (Flag)

Mexico Exports

Laos Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Laos
Top Destination
Thailand$3.29B

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

In 2021, countries that imported more from Mexico than Laos were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Laos than Mexico were Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Comparative Advantage Mexico - Laos

Flow
Scale

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

During 2022, Mexico had a large net trade with Laos in the exports of Textiles ($771k).

During 2022, Laos had a large net trade with Mexico in the exports of Instruments ($42.1M), Machines ($22.1M), and Footwear and Headwear ($233k).

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

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

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