Laos (LAO) and Botswana (BWA) Trade | The Observatory of Economic Complexity

About

Laos-Botswana Trade: In 2023, Laos exported $1.82k to Botswana. The main products that Laos exported to Botswana were Packaged Medicaments ($1.78k) and Non-Knit Men's Suits ($32). Over the past 13 years the exports of Laos to Botswana have decreased at an annualized rate of 10.1%, from $7.27k in 2010 to $1.82k in 2023.

In 2023, Laos did not export any services to Botswana.

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

In 2023, Botswana did not export any services to Laos.

Comparison: In 2023, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $1.82k to Botswana. The main products exported from Laos to Botswana were Packaged Medicaments ($1.78k) and Non-Knit Men's Suits ($32). During the last 13 years the exports of Laos to Botswana have decreased at an annualized rate of 10.1%, from $7.27k in 2010 to $1.82k in 2023.

Botswana does not register exports to Laos.

Exports from Laos () to Botswana () (2023)

Exports from Botswana () to Laos () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Botswana
Top DestinationUnited Arab Emirates$1.81B

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

In 2023, countries that imported more from Laos than Botswana included Thailand ($2.99B), China ($3.41B), and Australia ($367M).

In 2023, countries that imported more from Botswana than Laos included United Arab Emirates ($1.81B), Belgium ($1.08B), and India ($1.15B).

Difference in imports from Botswana () and Laos () (2023)

Comparative Advantage Laos - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Botswana in the exports of Chemical Products ($1.78k) and Textiles ($32).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Botswana+$3.09kElectricity

Top Product Potential Botswana Laos+$2.29kDiamonds

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Botswana () (2023)

Exports from Botswana () to Laos () (2023)

Market Competitiveness

Difference in imports from Botswana () and Laos () (2023)

Comparative Advantage Laos - Botswana

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Laos () and Botswana () (2023)

Keep Exploring