Laos (LAO) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Laos-South Africa Trade: In 2022, Laos exported $1.35M to South Africa. The main products that Laos exported to South Africa were Video Displays ($648k), Broadcasting Equipment ($360k), and Microphones and Headphones ($90.9k). Over the past 5 years the exports of Laos to South Africa have decreased at an annualized rate of 0.1%, from $1.36M in 2017 to $1.35M in 2022.

In 2022, Laos did not export any services to South Africa.

South Africa-Laos Trade: In 2022, South Africa exported $285k to Laos. The main products that South Africa exported to Laos were Other Heating Machinery ($157k), Wine ($55.2k), and Other Electrical Machinery ($17.6k). Over the past 5 years the exports of South Africa to Laos have decreased at an annualized rate of 32.7%, from $2.06M in 2017 to $285k in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Laos exported $1.35M to South Africa. The main products exported from Laos to South Africa were Video Displays ($648k), Broadcasting Equipment ($360k), and Microphones and Headphones ($90.9k). During the last 5 years the exports of Laos to South Africa have decreased at an annualized rate of 0.1%, from $1.36M in 2017 to $1.35M in 2022.

In 2017, South Africa exported $285k to Laos. The main products exported from South Africa to Laos were Other Heating Machinery ($157k), Wine ($55.2k), and Other Electrical Machinery ($17.6k). During the last 5 years the exports of South Africa to Laos have decreased at an annualized rate of 32.7%, from $2.06M in 2022 to $285k in 2017.

Exports from Laos () to South Africa () (2022)

Exports from South Africa () to Laos () (2022)

Latest Data

Trade between Laos () and South Africa ()

Laos Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Laos
Top DestinationThailand$3.29B

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Laos than South Africa included Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

In 2022, countries that imported more from South Africa than Laos included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa () and Laos () (2022)

Comparative Advantage Laos - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Laos had a large net trade with South Africa in the exports of Machines ($1.12M), Footwear and Headwear ($178k), and Textiles ($40.4k).

During 2017, South Africa had a large net trade with Laos in the exports of Machines ($211k), Foodstuffs ($55.2k), and Textiles ($9.17k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Laos South Africa+$1.82MTelephones

Top Product Potential South Africa Laos+$116kOther Heating Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Laos () to South Africa () (2022)

Exports from South Africa () to Laos () (2022)

Latest Data

Trade between Laos () and South Africa ()

Laos Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Laos () (2022)

Comparative Advantage Laos - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Laos () and South Africa () (2022)

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