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

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New Zealand-Laos Trade: In 2022, New Zealand exported $953k to Laos. The main products that New Zealand exported to Laos were Broadcasting Equipment ($371k), Computers ($167k), and Excavation Machinery ($76.3k). Over the past 5 years the exports of New Zealand to Laos have decreased at an annualized rate of 4.61%, from $1.21M in 2017 to $953k in 2022.

In 2022, New Zealand did not export any services to Laos.

Laos-New Zealand Trade: In 2022, Laos exported $2.97M to New Zealand. The main products that Laos exported to New Zealand were Leather Footwear ($1.18M), Non-Knit Men's Shirts ($446k), and Saturated Acyclic Monocarboxylic Acids ($357k). Over the past 5 years the exports of Laos to New Zealand have increased at an annualized rate of 7.17%, from $1.96M in 2017 to $2.97M in 2022.

In 2022, Laos did not export any services to New Zealand.

Comparison: In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $953k to Laos. The main products exported from New Zealand to Laos were Broadcasting Equipment ($371k), Computers ($167k), and Excavation Machinery ($76.3k). During the last 5 years the exports of New Zealand to Laos have decreased at an annualized rate of 4.61%, from $1.21M in 2017 to $953k in 2022.

In 2017, Laos exported $2.97M to New Zealand. The main products exported from Laos to New Zealand were Leather Footwear ($1.18M), Non-Knit Men's Shirts ($446k), and Saturated Acyclic Monocarboxylic Acids ($357k). During the last 5 years the exports of Laos to New Zealand have increased at an annualized rate of 7.17%, from $1.96M in 2022 to $2.97M in 2017.

Exports from New Zealand () to Laos () (2022)

Exports from Laos () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Laos ()

New Zealand Exports

Date

Laos Exports

Date

Dec 2019

Oct 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Laos
Top DestinationThailand$3.29B

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

In 2022, countries that imported more from New Zealand than Laos included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

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

Difference in imports from Laos () and New Zealand () (2022)

Comparative Advantage New Zealand - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Laos in the exports of Machines ($834k), Metals ($26.4k), and Mineral Products ($19.3k).

During 2017, Laos had a large net trade with New Zealand in the exports of Footwear and Headwear ($1.21M), Machines ($859k), and Textiles ($515k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential New Zealand Laos+$248kTelephones

Top Product Potential Laos New Zealand+$809kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Laos () (2022)

Exports from Laos () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Laos ()

New Zealand Exports

Laos Exports

Market Competitiveness

Difference in imports from Laos () and New Zealand () (2022)

Comparative Advantage New Zealand - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Laos () (2022)

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