{
  "template": "T19",
  "templateName": "Exporter Regional Trade Playbook",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "branding": {
    "brandName": "Yugalinks",
    "header": "Shared Yugalinks trade navigation",
    "footer": "Shared Yugalinks trade footer",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "seo": {
    "title": "Laos Export Playbook for Latin America and Caribbean | Yugalinks",
    "description": "Explore Laos's export opportunities in Latin America and Caribbean. Compare buyer markets, access conditions, products, and calculated trade potential.",
    "canonical": "https://www.yugalinks.com/trade/playbook/LAO/region/latin-america",
    "robots": "index, follow"
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "Trade data",
      "url": "https://www.yugalinks.com/trade/"
    },
    {
      "name": "Laos in Latin America and Caribbean",
      "url": "https://www.yugalinks.com/trade/playbook/LAO/region/latin-america"
    }
  ],
  "exporter": {
    "iso3": "LAO",
    "country_name": "Laos"
  },
  "profile": {
    "year": 2024,
    "country_iso3": "LAO",
    "exports_usd": 9285078751.028755,
    "imports_usd": 9640626748.543392,
    "trade_balance_usd": -355547997.514637,
    "yoy_exports_growth_pct": 11.583459173884147,
    "yoy_imports_growth_pct": 11.289212467119603,
    "exports_cagr_3y_pct": 5.067684343965695,
    "imports_cagr_3y_pct": 13.645349590095979,
    "export_partner_hhi": 2163.0189938323088,
    "export_product_hhi": 929.2771592773129,
    "momentum_score": 9.628726724908612,
    "risk_score": 15.461480765548108,
    "gdp_million_usd": 16502.93312133794,
    "gdp_per_capita_usd": 2123.9790941510914,
    "population": 7769819,
    "labor_force": 4187.18,
    "investment_rate_pct": 29.4,
    "savings_rate_pct": 15.02,
    "secondary_education_pct": 51.63,
    "tertiary_education_pct": 9.93,
    "total_factor_productivity": 301.57,
    "trade_openness_pct": 94.94955193294604,
    "exports_gdp_pct": 46.582890507951156,
    "num_active_partners": 270,
    "num_fta_partners": 19,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 6,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 9209.658436213991,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 7.037037037037037,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 2.2222222222222223,
    "avg_applied_tariff_pct": 0.13031177767349617,
    "avg_mfn_tariff_pct": 0.13761685569656948,
    "avg_preferential_tariff_pct": 0.026655949728347842,
    "tariff_advantage_pp": 0.11096090596822164,
    "avg_distance_all_partners_km": 9372.30869161962,
    "num_border_partners": 130,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -8.086944085781344,
    "pct_products_high_elasticity": 64.45334859759588,
    "pct_products_low_elasticity": 5.037206639954207,
    "real_market_potential": 26224.989281045182,
    "foreign_market_potential": 10569.852199337318
  },
  "region": {
    "slug": "latin-america",
    "name": "Latin America and Caribbean"
  },
  "latestYear": 2024,
  "totals": {
    "addressable_usd": 5915033433.96,
    "market_count": 3,
    "fta_count": 0,
    "average_distance_km": 17169.802734375,
    "average_entry_days": 11.533333333333333
  },
  "markets": [
    {
      "iso3": "BRA",
      "country_name": "Brazil",
      "opportunity_count": 5,
      "addressable_usd": 5121634877.87,
      "trade_value_usd": 6490281679.140219,
      "tariff_total": 83,
      "tariff_count": 5,
      "distance_total": 83912.626953125,
      "distance_count": 5,
      "fta": 0,
      "topProduct": "Electrical static converters",
      "topProductValue": 1602373653.38,
      "risk": "Not reported",
      "average_distance_km": 16782.525390625,
      "entry_days": 16.6
    },
    {
      "iso3": "CHL",
      "country_name": "Chile",
      "opportunity_count": 1,
      "addressable_usd": 427013851.24,
      "trade_value_usd": 648915499.1902118,
      "tariff_total": 4,
      "tariff_count": 1,
      "distance_total": 18182.126953125,
      "distance_count": 1,
      "fta": 0,
      "topProduct": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "topProductValue": 427013851.24,
      "risk": "Not reported",
      "average_distance_km": 18182.126953125,
      "entry_days": 4
    },
    {
      "iso3": "NIC",
      "country_name": "Nicaragua",
      "opportunity_count": 1,
      "addressable_usd": 366384704.85,
      "trade_value_usd": 277834640.3486646,
      "tariff_total": 14,
      "tariff_count": 1,
      "distance_total": 16544.755859375,
      "distance_count": 1,
      "fta": 0,
      "topProduct": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "topProductValue": 366384704.85,
      "risk": "Not reported",
      "average_distance_km": 16544.755859375,
      "entry_days": 14
    }
  ],
  "opportunities": [
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "BRA",
      "hs_code": "850440",
      "hs_description": "Electrical static converters",
      "hs_chapter": "85",
      "hs_heading": "8504",
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -8.5348253,
      "buyer_imports_latest_usd": 1557263858.1077461,
      "buyer_imports_avg_usd": 514231007.0398544,
      "buyer_imports_peak_usd": 1557263858.1077461,
      "buyer_cagr_full_pct": 10.6817,
      "buyer_yoy_avg_pct": 12.829,
      "buyer_yoy_latest_pct": 17.7955,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 2111490319.07,
      "buyer_imports_proj_5y_usd": 2586666000.7,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 64.1021692566609,
      "exports_avg_usd": 1222.8482490448066,
      "exports_peak_usd": 2455.545979269531,
      "share_latest_pct": 0.000004227355358190797,
      "share_avg_pct": 0.0001786264914346791,
      "share_peak_pct": 0.00035583709722353653,
      "share_change_1y_pp": -0.0001794382026738225,
      "share_trend_pp_per_yr": -0.000002,
      "cagr_full_pct": 1.3553,
      "yoy_avg_pct": 796.9708,
      "yoy_latest_pct": -95.7143,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 66.74,
      "exports_proj_5y_usd": 68.57,
      "your_share_gap_pp": 75.8883,
      "addressable_proj_3y_usd": 1602373653.38,
      "addressable_proj_5y_usd": 1962976297.92,
      "peer_best_share_pct": 75.88828270568352,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 94,
      "buyer_herfindahl_index": 5807.25,
      "distance_km": 16782.525390625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.8140823323138389,
      "lane_max_drawdown_pct": 97.3894942388442,
      "signal_flag": "Stable",
      "lane_data_years": 5,
      "lane_last_year": 2022,
      "rank": 237,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "BRA",
      "hs_code": "851770",
      "hs_description": "Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -6.7340598,
      "buyer_imports_latest_usd": 2048791027.7915332,
      "buyer_imports_avg_usd": 1498147247.411947,
      "buyer_imports_peak_usd": 3220952793.115497,
      "buyer_cagr_full_pct": 8.428,
      "buyer_yoy_avg_pct": 28.4192,
      "buyer_yoy_latest_pct": 10.4148,
      "buyer_trend_consistency_pct": 55.1724,
      "buyer_imports_proj_3y_usd": 2611691905.36,
      "buyer_imports_proj_5y_usd": 3070469558.14,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 2601.3197971198915,
      "exports_avg_usd": 2771.4778988688363,
      "exports_peak_usd": 8729.539993008048,
      "share_latest_pct": 0.0001243799602449251,
      "share_avg_pct": 0.0001124267669151413,
      "share_peak_pct": 0.00034022039363851265,
      "share_change_1y_pp": 0.00005490870238396167,
      "share_trend_pp_per_yr": 0.000019,
      "cagr_full_pct": 47.2,
      "yoy_avg_pct": 176.0685,
      "yoy_latest_pct": 58.7926,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 5080.7,
      "exports_proj_5y_usd": 7938.6,
      "your_share_gap_pp": 61.0207,
      "addressable_proj_3y_usd": 1593671519.42,
      "addressable_proj_5y_usd": 1873620650.28,
      "peer_best_share_pct": 61.02077984645453,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 65,
      "buyer_herfindahl_index": 4911.31,
      "distance_km": 16782.525390625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9554850151391161,
      "lane_max_drawdown_pct": 81.23397940410261,
      "signal_flag": "Accelerating",
      "lane_data_years": 7,
      "lane_last_year": 2022,
      "rank": 240,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "BRA",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -3.6319895,
      "buyer_imports_latest_usd": 1725178021.4142668,
      "buyer_imports_avg_usd": 851827051.4358236,
      "buyer_imports_peak_usd": 1725178021.4142668,
      "buyer_cagr_full_pct": 11.5678,
      "buyer_yoy_avg_pct": 26.5506,
      "buyer_yoy_latest_pct": 3.1283,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 2395800751.35,
      "buyer_imports_proj_5y_usd": 2982143585.42,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 2084117.2679733585,
      "exports_avg_usd": 770551.555282236,
      "exports_peak_usd": 2084117.2679733585,
      "share_latest_pct": 0.1208059250757693,
      "share_avg_pct": 0.051539302930318304,
      "share_peak_pct": 0.1208059250757693,
      "share_change_1y_pp": 0.08125595540315025,
      "share_trend_pp_per_yr": 0.013425,
      "cagr_full_pct": 33.3695,
      "yoy_avg_pct": 52.5015,
      "yoy_latest_pct": 215.0069,
      "trend_consistency_pct": 57.1429,
      "exports_proj_3y_usd": 4070541.54,
      "exports_proj_5y_usd": 6360221.15,
      "your_share_gap_pp": 41.4447,
      "addressable_proj_3y_usd": 992933418.93,
      "addressable_proj_5y_usd": 1235941688.53,
      "peer_best_share_pct": 41.56554703592402,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 85,
      "buyer_herfindahl_index": 2806.11,
      "distance_km": 16782.525390625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.6747690745708399,
      "lane_max_drawdown_pct": 23.975399264389797,
      "signal_flag": "Accelerating",
      "lane_data_years": 8,
      "lane_last_year": 2024,
      "rank": 390,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "BRA",
      "hs_code": "852580",
      "hs_description": "Television cameras, digital cameras and video camera recorders",
      "hs_chapter": "85",
      "hs_heading": "8525",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -7.5054274,
      "buyer_imports_latest_usd": 538212552.4568031,
      "buyer_imports_avg_usd": 180100398.08730188,
      "buyer_imports_peak_usd": 538212552.4568031,
      "buyer_cagr_full_pct": 10.5262,
      "buyer_yoy_avg_pct": 15.3821,
      "buyer_yoy_latest_pct": 44.4403,
      "buyer_trend_consistency_pct": 62.069,
      "buyer_imports_proj_3y_usd": 726690061.03,
      "buyer_imports_proj_5y_usd": 887727115.82,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 686661.4735824247,
      "exports_avg_usd": 153500.91868738906,
      "exports_peak_usd": 686661.4735824247,
      "share_latest_pct": 0.12758183926554484,
      "share_avg_pct": 0.030619738297196598,
      "share_peak_pct": 0.12758183926554484,
      "share_change_1y_pp": 0.1251041189962436,
      "share_trend_pp_per_yr": 0.028893,
      "cagr_full_pct": 79.5804,
      "yoy_avg_pct": 1807.3647,
      "yoy_latest_pct": 7337.4648,
      "trend_consistency_pct": 25,
      "exports_proj_3y_usd": 1341135.69,
      "exports_proj_5y_usd": 2095524.52,
      "your_share_gap_pp": 66.1148,
      "addressable_proj_3y_usd": 480449753.45,
      "addressable_proj_5y_usd": 586919096.32,
      "peer_best_share_pct": 66.24239188163071,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 66,
      "buyer_herfindahl_index": 4544.24,
      "distance_km": 16782.525390625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.7376912889686758,
      "lane_max_drawdown_pct": 74.88870040496285,
      "signal_flag": "Accelerating",
      "lane_data_years": 5,
      "lane_last_year": 2024,
      "rank": 736,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "BRA",
      "hs_code": "852990",
      "hs_description": "Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors",
      "hs_chapter": "85",
      "hs_heading": "8529",
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -3.5471001,
      "buyer_imports_latest_usd": 620836219.3698689,
      "buyer_imports_avg_usd": 1337909735.4813604,
      "buyer_imports_peak_usd": 2708355302.616302,
      "buyer_cagr_full_pct": 0.7021,
      "buyer_yoy_avg_pct": 7.6937,
      "buyer_yoy_latest_pct": 6.0974,
      "buyer_trend_consistency_pct": 51.7241,
      "buyer_imports_proj_3y_usd": 634004612.08,
      "buyer_imports_proj_5y_usd": 642938350.36,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 4.082138799910023,
      "exports_avg_usd": 14.503051951120057,
      "exports_peak_usd": 38.17287329830108,
      "share_latest_pct": 2.733623341337956e-7,
      "share_avg_pct": 5.917537090711147e-7,
      "share_peak_pct": 0.00000143401055210147,
      "share_change_1y_pp": 9.607382365928421e-9,
      "share_trend_pp_per_yr": 0,
      "cagr_full_pct": -24.7412,
      "yoy_avg_pct": 60.2802,
      "yoy_latest_pct": -33.9511,
      "trend_consistency_pct": 33.3333,
      "exports_proj_3y_usd": 1.74,
      "exports_proj_5y_usd": 0.99,
      "your_share_gap_pp": 71.3254,
      "addressable_proj_3y_usd": 452206532.69,
      "addressable_proj_5y_usd": 458578560.17,
      "peer_best_share_pct": 71.32543293938693,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 64,
      "buyer_herfindahl_index": 5193.13,
      "distance_km": 16782.525390625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9519171587380899,
      "lane_max_drawdown_pct": 89.30617884587771,
      "signal_flag": "Declining",
      "lane_data_years": 4,
      "lane_last_year": 2015,
      "rank": 776,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "CHL",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -3.6319895,
      "buyer_imports_latest_usd": 648915499.1902118,
      "buyer_imports_avg_usd": 309778370.022777,
      "buyer_imports_peak_usd": 717185422.5751915,
      "buyer_cagr_full_pct": 9.6696,
      "buyer_yoy_avg_pct": 12.6265,
      "buyer_yoy_latest_pct": -2.1534,
      "buyer_trend_consistency_pct": 62.069,
      "buyer_imports_proj_3y_usd": 855946348.68,
      "buyer_imports_proj_5y_usd": 1029482119.21,
      "buyer_gdp_mn_latest": 317058.508652,
      "buyer_gdp_pc_latest": 16503,
      "buyer_population_latest": 19212.362,
      "buyer_investment_rate": 23.16,
      "buyer_savings_rate": 24.57,
      "buyer_edu_secondary": 92,
      "buyer_gdp_mn_2030_proj": 348088.75,
      "buyer_gdp_pc_2030_proj": 17914.12,
      "buyer_gdp_pc_growth_pct": 8.55,
      "buyer_gdp_mn_growth_pct": 9.79,
      "buyer_pop_growth_pct": 1.14,
      "exports_latest_usd": 9028.51,
      "exports_avg_usd": 7794.956557493266,
      "exports_peak_usd": 25231.200878167678,
      "share_latest_pct": 0.0013913229089560608,
      "share_avg_pct": 0.0013773047114342117,
      "share_peak_pct": 0.004815094536702971,
      "share_change_1y_pp": 0.0008264863643871156,
      "share_trend_pp_per_yr": 0.00033,
      "cagr_full_pct": 89.5878,
      "yoy_avg_pct": 2009.9353,
      "yoy_latest_pct": 122.8752,
      "trend_consistency_pct": 75,
      "exports_proj_3y_usd": 17633.81,
      "exports_proj_5y_usd": 27552.83,
      "your_share_gap_pp": 49.8879,
      "addressable_proj_3y_usd": 427013851.24,
      "addressable_proj_5y_usd": 513587241.99,
      "peer_best_share_pct": 49.88931384308407,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 81,
      "buyer_herfindahl_index": 3218.41,
      "distance_km": 18182.126953125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 4,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.1910136478013589,
      "lane_max_drawdown_pct": 98.82867641787871,
      "signal_flag": "Accelerating",
      "lane_data_years": 5,
      "lane_last_year": 2024,
      "rank": 815,
      "importer_name": "Chile"
    },
    {
      "exporter_iso3": "LAO",
      "importer_iso3": "NIC",
      "hs_code": "610910",
      "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "hs_chapter": "61",
      "hs_heading": "6109",
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -7.47649,
      "buyer_imports_latest_usd": 277834640.3486646,
      "buyer_imports_avg_usd": 69098266.0548489,
      "buyer_imports_peak_usd": 498165337.4319481,
      "buyer_cagr_full_pct": 24.0422,
      "buyer_yoy_avg_pct": 111.4129,
      "buyer_yoy_latest_pct": -11.195,
      "buyer_trend_consistency_pct": 58.6207,
      "buyer_imports_proj_3y_usd": 530266606.97,
      "buyer_imports_proj_5y_usd": 815892365.78,
      "buyer_gdp_mn_latest": 14013.022092000001,
      "buyer_gdp_pc_latest": 2091,
      "buyer_population_latest": 6702.379,
      "buyer_investment_rate": 29.41,
      "buyer_savings_rate": 13.64,
      "buyer_edu_secondary": 58.39,
      "buyer_gdp_mn_2030_proj": 18027.99,
      "buyer_gdp_pc_2030_proj": 2522.5,
      "buyer_gdp_pc_growth_pct": 20.64,
      "buyer_gdp_mn_growth_pct": 28.65,
      "buyer_pop_growth_pct": 6.64,
      "exports_latest_usd": 2540.5287280201132,
      "exports_avg_usd": 1366.4642228011548,
      "exports_peak_usd": 2540.5287280201132,
      "share_latest_pct": 0.046577439444398946,
      "share_avg_pct": 0.05331459020575998,
      "share_peak_pct": 0.16312205150217896,
      "share_change_1y_pp": 0.0433006433546112,
      "share_trend_pp_per_yr": -0.019424,
      "cagr_full_pct": 2.9532,
      "yoy_avg_pct": 393.138,
      "yoy_latest_pct": 1429.4203,
      "trend_consistency_pct": 66.6667,
      "exports_proj_3y_usd": 2772.32,
      "exports_proj_5y_usd": 2938.48,
      "your_share_gap_pp": 69.0944,
      "addressable_proj_3y_usd": 366384704.85,
      "addressable_proj_5y_usd": 563736203.07,
      "peer_best_share_pct": 69.14101032193713,
      "peer_top_exporter": "HND",
      "num_suppliers_latest": 47,
      "buyer_herfindahl_index": 5087.39,
      "distance_km": 16544.755859375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 14,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.6349386549518484,
      "lane_max_drawdown_pct": 99.22358361011393,
      "signal_flag": "Stable",
      "lane_data_years": 7,
      "lane_last_year": 2014,
      "rank": 952,
      "importer_name": "Nicaragua"
    }
  ],
  "sectors": [
    {
      "hs2": "85",
      "sector_name": "HS2 sector 85",
      "opportunity_count": 6,
      "addressable_usd": 5548648729.11,
      "market_size_usd": 7139197178.330431,
      "growth": 51.5754,
      "growthCount": 6,
      "average_growth_pct": 8.5959
    },
    {
      "hs2": "61",
      "sector_name": "HS2 sector 61",
      "opportunity_count": 1,
      "addressable_usd": 366384704.85,
      "market_size_usd": 277834640.3486646,
      "growth": 24.0422,
      "growthCount": 1,
      "average_growth_pct": 24.0422
    }
  ],
  "sections": [
    "overview",
    "markets",
    "opportunities",
    "sectors",
    "faq",
    "data-source"
  ],
  "methodology": {
    "summary": "Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.",
    "url": "https://www.yugalinks.com/methodology"
  },
  "faq": [
    {
      "question": "Should Laos focus on Latin America and Caribbean?",
      "answer": "Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions."
    },
    {
      "question": "What does calculated opportunity mean?",
      "answer": "It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry."
    },
    {
      "question": "How should exporters use this page?",
      "answer": "Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision."
    }
  ],
  "links": {
    "home": "https://www.yugalinks.com/",
    "trade": "https://www.yugalinks.com/trade/",
    "workspace": "https://www.yugalinks.com/app/countries",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "json": "https://www.yugalinks.com/trade/playbook/LAO/region/latin-america/index.json",
    "markdown": "https://www.yugalinks.com/trade/playbook/LAO/region/latin-america/index.md",
    "jsonLd": "https://www.yugalinks.com/trade/playbook/LAO/region/latin-america/index.ld.json"
  },
  "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 2026-08-30)",
    "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": "2026-08-30",
    "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": "2026-08-30"
      }
    ]
  },
  "generatedAt": "2026-08-30T12:37:29.153Z"
}