2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Laos-South Africa Trade: In 2022, Laos exported $1.36M 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 increased at an annualized rate of 121%, from $25.6k in 2017 to $1.36M in 2022.

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

South Africa-Laos Trade: In 2022, South Africa exported $2.06M 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 increased at an annualized rate of 242%,  from $4.41k in 2017 to $2.06M 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
Value

In 2022, Laos exported $1.36M 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 increased at an annualized rate of 121%, from $25.6k in 2017 to $1.36M in 2022.

In 2017, South Africa exported $2.06M 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 22 years the exports of South Africa to Laos have increased at an annualized rate of 242%, from $4.41k in 1995 to $2.06M in 2017.

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

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

Latest Data

Trade between Laos (Flag) and South Africa (Flag)

Laos Exports

South Africa Exports

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
South Africa
Top Destination
China$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 (Flag) and Laos (Flag) (2022)

Comparative Advantage Laos - South Africa

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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