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Pricing

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Flag → Flag
Top Product $429kMotor vehicles; parts and accessories (8701 to 8705)
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Flag → Flag
Exports $9.07MRnk 32 / 125
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Flag → Flag
Top Product $4.47MLight Synthetic Cotton Fabrics
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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Economic Complexity (ECI) ECI -0.83Rnk 95 / 124
2022
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GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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 $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

In N/A, Turkey did not export any services to Laos.

Laos-Turkey In N/A, Laos exported $9.07M to Turkey. The main products that Laos exported to Turkey were Light Synthetic Cotton Fabrics ($4.47M), Other Synthetic Fabrics ($2.12M), and Rubber Footwear ($754k). During the last N/A years the exports of Laos to Turkey have increased at an annualized rate of 31.1%, from $7.98k in N/A to $9.07M in N/A.

In N/A, Laos did not export any services to Turkey.

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). 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

Turkey does not register exports to Laos. The main products exported from Turkey to Laos were Motor vehicles; parts and accessories (8701 to 8705) ($429k), Light Pure Woven Cotton ($199k), and Packaged Medicaments ($141k).

In 2022, Laos exported $9.07M to Turkey. The main products exported from Laos to Turkey were Light Synthetic Cotton Fabrics ($4.47M), Other Synthetic Fabrics ($2.12M), and Rubber Footwear ($754k). During the last 27 years the exports of Laos to Turkey have increased at an annualized rate of 31.1%, from $7.98k in 1995 to $9.07M in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Laos (Flag)

Turkey Exports

Laos Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Laos
Top DestinationThailand$3.29B

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

In 2021, countries that imported more from Turkey than Laos were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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

Comparative Advantage Turkey - Laos

Flow
Scale

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

During 2022, Laos had a large net trade with Turkey in the exports of Textiles ($6.83M), Footwear and Headwear ($1.83M), and Machines ($363k).

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

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

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