Laos (LAO) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Laos-Namibia Trade: In 2022, Laos exported $28.3k to Namibia. The main products that Laos exported to Namibia were Baked Goods ($21.5k), Microphones and Headphones ($4.27k), and Medical Instruments ($1.06k). Over the past 5 years the exports of Laos to Namibia have increased at an annualized rate of 76.7%, from $1.64k in 2017 to $28.3k in 2022.

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

Namibia-Laos Trade: In 2022, Namibia exported $82.9k to Laos. The main products that Namibia exported to Laos were N/A. Over the past 5 years the exports of Namibia to Laos have increased at an annualized rate of 112%, from $1.95k in 2017 to $82.9k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $28.3k to Namibia. The main products exported from Laos to Namibia were Baked Goods ($21.5k), Microphones and Headphones ($4.27k), and Medical Instruments ($1.06k). During the last 5 years the exports of Laos to Namibia have increased at an annualized rate of 76.7%, from $1.64k in 2017 to $28.3k in 2022.

In 2016, Namibia exported $82.9k to Laos. There were not main exports from Namibia to Laos in 2016. During the last 5 years the exports of Namibia to Laos have increased at an annualized rate of 112%, from $1.95k in 2021 to $82.9k in 2016.

Exports from Laos () to Namibia () (2022)

Exports from Namibia () to Laos () (2022)

Latest Data

Trade between Laos () and Namibia ()

Laos Exports

Date

Namibia Exports

Date

Nov 2020

Aug 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Laos than Namibia included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2022, countries that imported more from Namibia than Laos included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Laos - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with Namibia in the exports of Foodstuffs ($21.6k), Machines ($4.63k), and Instruments ($1.06k).

During 2016, Namibia had a large net trade with Laos in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos Namibia+$5.52kMicrophones and Headphones

Top Product Potential Namibia Laos+$2.81kRefined 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 Namibia. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Laos.

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to Namibia () (2022)

Exports from Namibia () to Laos () (2022)

Latest Data

Trade between Laos () and Namibia ()

Laos Exports

Namibia Exports

Market Competitiveness

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

Comparative Advantage Laos - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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