Laos (LAO) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Laos-Angola Trade: In 2022, Laos exported $1.05M to Angola. The main products that Laos exported to Angola were Wheat ($1.03M), Iron Fasteners ($11.7k), and Broadcasting Equipment ($2.97k). Over the past 5 years the exports of Laos to Angola have increased at an annualized rate of 276%, from $1.39k in 2017 to $1.05M in 2022.

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

Angola-Laos In N/A, Angola did not export any products to Laos.

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

Comparison: In 2022, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $1.05M to Angola. The main products exported from Laos to Angola were Wheat ($1.03M), Iron Fasteners ($11.7k), and Broadcasting Equipment ($2.97k). During the last 5 years the exports of Laos to Angola have increased at an annualized rate of 276%, from $1.39k in 2017 to $1.05M in 2022.

Angola does not register exports to Laos.

Exports from Laos () to Angola () (2022)

Exports from Angola () to Laos () (2022)

Latest Data

Trade between Laos () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Laos than Angola included Thailand ($3.29B), Vietnam ($978M), and Australia ($351M).

In 2022, countries that imported more from Angola than Laos included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola () and Laos () (2022)

Comparative Advantage Laos - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Angola in the exports of Vegetable Products ($1.03M), Metals ($11.7k), and Machines ($4.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Angola+$2.45kTelephones

Top Product Potential Angola Laos+$3.45kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Laos and Angola. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Angola () (2022)

Exports from Angola () to Laos () (2022)

Latest Data

Trade between Laos () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Laos () (2022)

Comparative Advantage Laos - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and Angola () (2022)

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