2022
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GDP
$40.8BCURRENT US$
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2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
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 GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
54.3%CURRENT US$
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2022
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GDP PC 
$1,337CURRENT US$
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2012-2022
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GDP PC GROWTH
68.3%CURRENT US$
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2022
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GDP PC
$2,088CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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About

Nepal-Laos In 2022, Nepal exported $24.2k to Laos. The main products that Nepal exported to Laos are Perfume Plants ($24.1k) and Uncoated Paper ($95). During the last 12 years the exports of Nepal to Laos have decreased at an annualized rate of 0.64%, from $26.2k in 2010 to $24.2k in 2022.

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

Laos-Nepal In 2022, Laos exported $30.1k to Nepal. The main products that Laos exported to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). During the last 12 years the exports of Laos to Nepal have increased at an annualized rate of 38.8%, from $590 in 2010 to $30.1k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $24.2k to Laos. The main products exported from Nepal to Laos were Perfume Plants ($24.1k) and Uncoated Paper ($95). During the last 12 years the exports of Nepal to Laos have decreased at an annualized rate of 0.64%, from $26.2k in 2010 to $24.2k in 2022.

In 2022, Laos exported $30.1k to Nepal. The main products exported from Laos to Nepal were Broadcasting Equipment ($25.1k), Other Printed Material ($2.74k), and Non-Knit Men's Suits ($839). During the last 22 years the exports of Laos to Nepal have increased at an annualized rate of 38.8%, from $590 in 2000 to $30.1k in 2022.

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

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

Latest Data

Trade between Nepal (Flag) and Laos (Flag)

Laos Exports

Date

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Laos
Top Destination
Thailand$3.29B

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

In 2021, countries that imported more from Nepal than Laos were India ($956M), Turkey ($28.3M), and Central African Republic ($8.88M).

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

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

Comparative Advantage Nepal - Laos

Flow
Scale

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

During 2022, Nepal had a large net trade with Laos in the exports of Vegetable Products ($24.1k) and Paper Goods ($95).

During 2022, Laos had a large net trade with Nepal in the exports of Machines ($25.8k), Paper Goods ($2.87k), and Textiles ($1.26k).

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

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

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