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Pricing

2022
Flag → Flag
Exports $285kRnk 192 / 214
2022
Flag → Flag
Top Product $157kOther Heating Machinery
2022
Flag → Flag
Exports $1.35MRnk 39 / 125
2022
Flag → Flag
Top Product $648kVideo Displays
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.79Rnk 100 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 59 / 186

About

South Africa-Laos Trade: In 2022, South Africa exported $285k to Laos. The main products that South Africa exported to Laos were Other Heating Machinery ($157k), Wine ($55.2k), and Other Electrical Machinery ($17.6k). Over the past 5 years the exports of South Africa to Laos have decreased at an annualized rate of 32.7%, from $2.06M in 2017 to $285k in 2022.

In 2022, South Africa did not export any services to Laos.

Laos-South Africa Trade: In 2022, Laos exported $1.35M to South Africa. The main products that Laos exported to South Africa were Video Displays ($648k), Broadcasting Equipment ($360k), and Microphones and Headphones ($90.9k). Over the past 5 years the exports of Laos to South Africa have decreased at an annualized rate of 0.1%,  from $1.36M in 2017 to $1.35M in 2022.

In 2022, Laos did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR801k and imported ZAR2.97M from Laos, resulting in a negative trade balance of ZAR2.17M. Between September 2023 and September 2024 the exports of South Africa have decreased by ZAR-118k (-12.8%) from ZAR919k to ZAR801k, while imports decreased by ZAR-1.33M (-31%) from ZAR4.3M to ZAR2.97M.

Trade In September 2024, the top exports of South Africa to Laos were Processed Tobacco (ZAR828k), Lifting Machinery (ZAR180k), and Textiles for technical uses (ZAR48.5k). In September 2024 the top imports of South Africa from Laos were Telephones (ZAR1.77M), Rubber Footwear (ZAR65.4k), Leather Footwear (ZAR29.2k), Textile Footwear (ZAR25.5k), and Knitted Hats (ZAR16.1k).

Origins In September 2024 the exports of South Africa were mainly from Cape Town Int Airport (ZAR673k) and Durban (ZAR128k), while imports destinations were mainly O.R. Tambo Int Airport (ZAR2.75M), Cape Town Int Airport (ZAR136k), and King Shaka Int Airport (ZAR86.5k).

Growth In September 2024, the decrease in South Africa's year-by-year exports to Laos was explained primarily by an decrease in product exports in Textiles for technical uses (ZAR-41.3k or -46%). In September 2024, the decrease in South Africa's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in Broadcasting Equipment (ZAR-4.02k or -52.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)ZAR-118k(-12.8%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-1.33M(-31%)
MAIN EXPORTER (September 2024)Cape Town Int AirportZAR673k

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Laos and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $285k to Laos. The main products exported from South Africa to Laos were Other Heating Machinery ($157k), Wine ($55.2k), and Other Electrical Machinery ($17.6k). During the last 5 years the exports of South Africa to Laos have decreased at an annualized rate of 32.7%, from $2.06M in 2017 to $285k in 2022.

In 2017, Laos exported $1.35M to South Africa. The main products exported from Laos to South Africa were Video Displays ($648k), Broadcasting Equipment ($360k), and Microphones and Headphones ($90.9k). During the last 5 years the exports of Laos to South Africa have decreased at an annualized rate of 0.1%, from $1.36M in 2022 to $1.35M in 2017.

Exports from South Africa (Flag) to Laos (Flag) (2022)

Exports from Laos (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from South Africa than Laos included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Laos than South Africa included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

Difference in imports from Laos (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Laos

Flow
Scale

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

During 2022, South Africa had a large net trade with Laos in the exports of Machines ($211k), Foodstuffs ($55.2k), and Textiles ($9.17k).

During 2017, Laos had a large net trade with South Africa in the exports of Machines ($1.12M), Footwear and Headwear ($178k), and Textiles ($40.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Laos+$116kOther Heating Machinery
Top Product Potential Laos South Africa+$1.82MTelephones

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

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

Product Space of South Africa (Flag) and Laos (Flag) (2022)

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