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2023
Flag → Flag
Exports $300Rnk 171 / 180
2023
Flag → Flag
Top Product $229Hard Liquor
2023
Flag → Flag
Exports $12.4kRnk 101 / 120
2023
Flag → Flag
Top Product $5.33kBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Namibia-Laos Trade: In 2023, Namibia exported $300 to Laos. The main products that Namibia exported to Laos were Hard Liquor ($229), Wine ($48), and Tanned Furskins ($23). Over the past 6 years the exports of Namibia to Laos have decreased at an annualized rate of 57.2%, from $48.7k in 2017 to $300 in 2023.

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

Laos-Namibia Trade: In 2023, Laos exported $12.4k to Namibia. The main products that Laos exported to Namibia were Broadcasting Equipment ($5.33k), Non-Knit Men's Suits ($2.3k), and Non-Knit Women's Suits ($1.25k). Over the past 6 years the exports of Laos to Namibia have decreased at an annualized rate of 61.6%,  from $1.48M in 2017 to $12.4k in 2023.

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

Comparison: In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Historical Data

Latest Data

Trade between Namibia (Flag) and Laos (Flag)

Namibia Exports

Date

Laos Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.71B
Laos
Top DestinationChina$3.41B

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

In 2023, countries that imported more from Namibia than Laos included South Africa ($1.71B), Botswana ($504M), and Belgium ($424M).

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

Difference in imports from Laos (Flag) and Namibia (Flag) (2023)

Potential Exports

Potential Exports

Depth
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Sort By
Top Product Potential Namibia Laos+$2.81kRefined Petroleum
Top Product Potential Laos Namibia+$5.52kMicrophones and Headphones

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

This visualization shows the product space at the HS4 level with the flags of Namibia and Laos. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Namibia.

Product Space of Namibia (Flag) and Laos (Flag) (NaN)

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