{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:21.775Z",
  "seo": {
    "title": "Laos exports to Serbia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Laos to Serbia, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "LAO",
    "country_name": "Laos"
  },
  "importer": {
    "iso3": "SRB",
    "country_name": "Serbia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "LAO",
    "importer_iso3": "SRB",
    "all_history_lane_count": 6,
    "current_lane_count": 4,
    "current_product_count": 4,
    "first_observed_last_year": 2019,
    "latest_data_year": 2024,
    "current_trade_usd": 605785.2221460365,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 393211.5384711573,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 3,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.0143470002223438,
    "trade_weighted_below_peak_pct": 1.5332579488733946,
    "product_concentration_hhi": 2725.641393356397,
    "top1_product_share_pct": 35.09060239565139,
    "top3_product_share_pct": 85.62866879470108,
    "top_product_hs6": "640419",
    "top_product_trade_usd": 212573.68367487914,
    "top_product_description": "Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": null,
    "shares_land_border": null,
    "shares_official_language": null,
    "common_spoken_language_score": null,
    "has_reported_fta": null,
    "avg_applied_tariff_pct": 4.74165559,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": 0.008674929385185184,
    "tariff_advantage_pp": 6.239150168392592,
    "buyer_biz_entry_days": null,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": null,
    "buyer_gdp_pc_latest": null,
    "buyer_population_latest": null,
    "buyer_gdp_5y_cagr_pct": 10.836286255256834,
    "buyer_gdp_pc_5y_cagr_pct": 12.018236663180426,
    "buyer_population_5y_cagr_pct": -1.0551410583952703,
    "buyer_investment_5y_avg_pct": null,
    "buyer_savings_5y_avg_pct": null,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "concentrated_product_mix"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": null,
    "buyer_gdp_pc_2024": null,
    "buyer_population_2024": null
  },
  "history": [
    {
      "year": 2006,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 84864.19294424035,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 84347.31685462195,
      "yoy_growth_pct": -0.6090626348830175,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 313976.5014235636,
      "yoy_growth_pct": 272.24242943580805,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 42160.72004652914,
      "yoy_growth_pct": -86.57201419361856,
      "cagr_3y_pct": -20.799514349333403
    },
    {
      "year": 2010,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 35001.20267944402,
      "yoy_growth_pct": -16.981487410992468,
      "cagr_3y_pct": -25.41172468951095
    },
    {
      "year": 2011,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 40068.556215255354,
      "yoy_growth_pct": 14.477655474357064,
      "cagr_3y_pct": -49.653550455628206
    },
    {
      "year": 2012,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 90498.21105016289,
      "yoy_growth_pct": 125.85842765082558,
      "cagr_3y_pct": 28.996321187392017
    },
    {
      "year": 2013,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 492095.68533456617,
      "yoy_growth_pct": 443.762887270555,
      "cagr_3y_pct": 141.3545718918057
    },
    {
      "year": 2014,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 702938.8083505993,
      "yoy_growth_pct": 42.84596051125402,
      "cagr_3y_pct": 159.83916323278837
    },
    {
      "year": 2015,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 208508.11271814862,
      "yoy_growth_pct": -70.33765809467832,
      "cagr_3y_pct": 32.0771394608601
    },
    {
      "year": 2016,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 164433.34265579065,
      "yoy_growth_pct": -21.138155963233984,
      "cagr_3y_pct": -30.607354813757482
    },
    {
      "year": 2017,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 117747.10658529922,
      "yoy_growth_pct": -28.39219547352998,
      "cagr_3y_pct": -44.875553593529105
    },
    {
      "year": 2018,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 155857.95392927417,
      "yoy_growth_pct": 32.3666954112086,
      "cagr_3y_pct": -9.245394960802923
    },
    {
      "year": 2019,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 420707.1836358641,
      "yoy_growth_pct": 169.92987719239164,
      "cagr_3y_pct": 36.771837239391836
    },
    {
      "year": 2020,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 475374.6457311502,
      "yoy_growth_pct": 12.994183180528363,
      "cagr_3y_pct": 59.23135480339028
    },
    {
      "year": 2021,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 494645.53996167844,
      "yoy_growth_pct": 4.053832993320183,
      "cagr_3y_pct": 46.95635640261828
    },
    {
      "year": 2022,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 474723.728247517,
      "yoy_growth_pct": -4.027492437454261,
      "cagr_3y_pct": 4.108695325983058
    },
    {
      "year": 2023,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 671015.2732919058,
      "yoy_growth_pct": 41.34858515899671,
      "cagr_3y_pct": 12.17570222025497
    },
    {
      "year": 2024,
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "export_value_usd": 845455.7177975681,
      "yoy_growth_pct": 25.996493887520945,
      "cagr_3y_pct": 19.56358340744393
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "hs_code": "640419",
      "hs_description": "Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials",
      "buyer_imports_latest_usd": 36486220.85658187,
      "current_below_peak_pct": 4.369426126077004,
      "lane_volatility_cv": 0.8998927090871923,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "hs_code": "640399",
      "hs_description": "Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather",
      "buyer_imports_latest_usd": 35898894.51251938,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.000043456136424,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "hs_code": "640391",
      "hs_description": "Footwear: n.e.s. in heading no. 6403, covering the ankle, outer soles of rubber, plastics or composition leather, uppers of leather",
      "buyer_imports_latest_usd": 18289472.556169864,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.191957454434844,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "SRB",
      "hs_code": "640299",
      "hs_description": "Footwear: n.e.s. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics",
      "buyer_imports_latest_usd": 34561272.404474646,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0375683684727248,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "LAO",
    "importer_iso3": "SRB",
    "distance_km": 8012,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": null,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 0,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 63068.134601000005,
    "importer_gdp_per_capita_usd": 9214.993546391494,
    "importer_population": 6844.078,
    "importer_biz_entry_days": 7,
    "importer_biz_entry_cost_pct": 2.3,
    "exporter_gdp_million_usd": 18827.148530000002,
    "exporter_gdp_per_capita_usd": 2551.3260814829696,
    "avg_applied_tariff_pct": 4.74165559,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": 0.008674929385185184,
    "tariff_advantage_pp": 6.239150168392592
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/LAO-SRB/risk",
    "html": "https://www.yugalinks.com/trade/corridor/LAO-SRB/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/LAO-SRB/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/LAO-SRB/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/LAO-SRB/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}