Laos (LAO) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Laos-New Zealand Trade: In 2023, Laos exported $3.63M to New Zealand. The main products that Laos exported to New Zealand were Non-Knit Men's Shirts ($1.46M), Potassic Fertilizers ($750k), and Broadcasting Equipment ($420k). Over the past 5 years the exports of Laos to New Zealand have increased at an annualized rate of 9.32%, from $2.33M in 2018 to $3.63M in 2023.

In 2023, Laos did not export any services to New Zealand.

New Zealand-Laos Trade: In 2023, New Zealand exported $594k to Laos. The main products that New Zealand exported to Laos were Broadcasting Equipment ($117k), Fish Fillets ($108k), and Excavation Machinery ($48.3k). Over the past 5 years the exports of New Zealand to Laos have decreased at an annualized rate of 14.9%, from $1.33M in 2018 to $594k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Laos exported $3.63M to New Zealand. The main products exported from Laos to New Zealand were Non-Knit Men's Shirts ($1.46M), Potassic Fertilizers ($750k), and Broadcasting Equipment ($420k). During the last 5 years the exports of Laos to New Zealand have increased at an annualized rate of 9.32%, from $2.33M in 2018 to $3.63M in 2023.

In 2018, New Zealand exported $594k to Laos. The main products exported from New Zealand to Laos were Broadcasting Equipment ($117k), Fish Fillets ($108k), and Excavation Machinery ($48.3k). During the last 5 years the exports of New Zealand to Laos have decreased at an annualized rate of 14.9%, from $1.33M in 2023 to $594k in 2018.

Exports from Laos () to New Zealand () (2023)

Exports from New Zealand () to Laos () (2023)

Latest Data

Trade between Laos () and New Zealand ()

Laos Exports

Date

Dec 2019

Oct 2019

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New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationChina$3.41B

New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Laos than New Zealand included Thailand ($2.99B), Cambodia ($190M), and Czechia ($50M).

In 2023, countries that imported more from New Zealand than Laos included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand () and Laos () (2023)

Comparative Advantage Laos - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Laos had a large net trade with New Zealand in the exports of Textiles ($1.52M), Chemical Products ($871k), and Machines ($866k).

During 2018, New Zealand had a large net trade with Laos in the exports of Machines ($360k), Animal Products ($108k), and Foodstuffs ($54.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos New Zealand+$809kTelephones

Top Product Potential New Zealand Laos+$248kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to New Zealand () (2023)

Exports from New Zealand () to Laos () (2023)

Latest Data

Trade between Laos () and New Zealand ()

Laos Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Laos () (2023)

Comparative Advantage Laos - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and New Zealand () (2023)

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