2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

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

Laos-Angola Trade: In N/A, 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 N/A years the exports of Laos to Angola have increased at an annualized rate of 276%,  from $1.39k in N/A to $1.05M in N/A.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

Angola does not register exports to Laos.

In 2017, 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 2022 to $1.05M in 2017.

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

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

Latest Data

Trade between Angola (Flag) and Laos (Flag)

Angola Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Laos
Top Destination
Thailand$3.29B

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

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

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

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

Comparative Advantage Angola - Laos

Flow
Scale

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

During 2017, 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

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Laos+$3.45kRefined Petroleum
Top Product Potential Laos Angola+$2.45kTelephones

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 Angola and Laos. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Angola.

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

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