Laos (LAO) and Ghana (GHA) Trade | The Observatory of Economic Complexity

About

Laos-Ghana Trade: In 2023, Laos exported $1.04M to Ghana. The main products that Laos exported to Ghana were Potassic Fertilizers ($998k), Liquid Pumps ($31.4k), and Gaskets ($7.48k). Over the past 9 years the exports of Laos to Ghana have increased at an annualized rate of 91.6%, from $3k in 2014 to $1.04M in 2023.

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

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

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $1.04M to Ghana. The main products exported from Laos to Ghana were Potassic Fertilizers ($998k), Liquid Pumps ($31.4k), and Gaskets ($7.48k). During the last 9 years the exports of Laos to Ghana have increased at an annualized rate of 91.6%, from $3k in 2014 to $1.04M in 2023.

Ghana does not register exports to Laos. The main products exported from Ghana to Laos were Other Non-Knit Clothing Accessories ($100).

Exports from Laos () to Ghana () (2023)

Exports from Ghana () to Laos () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

Ghana
Top DestinationSwitzerland$6.49B

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

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

In 2023, countries that imported more from Ghana than Laos included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Laos - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with Ghana in the exports of Chemical Products ($998k), Machines ($41.1k), and Metals ($2.65k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Ghana+$2.38kTelephones

Top Product Potential Ghana Laos+$4.57kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Ghana () (2023)

Exports from Ghana () to Laos () (2023)

Market Competitiveness

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

Comparative Advantage Laos - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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