Sweden-Lao People's Dem. Rep. Bilateral Trade Analysis 2023
Complete trade statistics: $26.03M total volume •Sweden deficit: $26.03M
Sweden → Lao People's Dem. Rep.
$0
Exports (2023)
Lao People's Dem. Rep. → Sweden
$26.03M
Imports (2023)
Trade Balance
$26.03M
Deficit for Sweden
Total Trade
$26.03M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sweden and Lao People's Dem. Rep.. Green line shows exports from Sweden, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Sweden-Lao People's Dem. Rep. commercial relationship and competitive positioning in global markets.
Sweden → Lao People's Dem. Rep. Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sweden's export portfolio to Lao People's Dem. Rep. demonstrates strategic specialization, with centrifuges: parts thereof, including parts for centrifugal dryers representing a key competitive advantage in this bilateral market.
Lao People's Dem. Rep. → Sweden Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sweden's import pattern from Lao People's Dem. Rep. reveals significant dependencyin trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sweden demonstrates competitive strength in exportingcentrifuges: parts thereof, including parts for centrifugal dryers to Lao People's Dem. Rep., leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $26.03M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sweden-Lao People's Dem. Rep. Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $26.03 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Sweden maintains a deficit of $26.03 million
- Export Focus: Sweden's primary exports include centrifuges: parts thereof, including parts for centrifugal dryers, pumps: centrifugal, n.e.c. in heading no. 8413, for liquids, instruments, appliances and machines: for measuring or checking n.e.c. in chapter 90
- Import Dependencies: Key imports from Lao People's Dem. Rep. include trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted), trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), trousers, bib and brace overalls, breeches and shorts: women's or girls', of synthetic fibres (not knitted or crocheted)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $26.03M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Sweden leveraging its comparative advantages in centrifuges: parts thereof, including parts for centrifugal dryers.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Sweden's specialization in centrifuges: parts thereof, including parts for centrifugal dryerscomplements Lao People's Dem. Rep.'s demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted).
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $26.03M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $26.03M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $26.03 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in centrifuges: parts thereof, including parts for centrifugal dryers and trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sweden's trade deficit of $26.03 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Sweden and Lao People's Dem. Rep. represents a total trade volume of $26.03 million in 2023. This partnership demonstrates an unfavorable trade balance for Sweden, with imports exceeding exportsby $26.03 million.
Export Strengths
Sweden's exports to Lao People's Dem. Rep. total $0.00, with competitive advantages in centrifuges: parts thereof, including parts for centrifugal dryers, representing $335,056 orInfinity% of bilateral exports.
Import Dependencies
Imports from Lao People's Dem. Rep. amount to $26.03 million, highlighting economic interdependence in trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted), with Trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted) comprising40.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Sweden's strategic sourcing from Lao People's Dem. Rep.. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Sweden and Lao People's Dem. Rep. in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023