2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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 GDP
$15.7BCURRENT US$
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2012-2022
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GDP GROWTH
54.3%CURRENT US$
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2022
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GDP PC 
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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2022
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GDP PC
$2,088CURRENT US$
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2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
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About

South Africa-Laos In 2022, South Africa exported $285k to Laos. The main products that South Africa exported to Laos are Other Heating Machinery ($157k), Wine ($55.2k), and Other Electrical Machinery ($17.6k). During the last 27 years the exports of South Africa to Laos have increased at an annualized rate of 16.7%, from $4.41k in 1995 to $285k in 2022.

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

Laos-South Africa 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). During the last 27 years the exports of Laos to South Africa have increased at an annualized rate of 15.8%, from $25.6k in 1995 to $1.35M in 2022.

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

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

In 2022, 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 27 years the exports of South Africa to Laos have increased at an annualized rate of 16.7%, from $4.41k in 1995 to $285k in 2022.

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 27 years the exports of Laos to South Africa have increased at an annualized rate of 15.8%, from $25.6k in 1995 to $1.35M in 2022.

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

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

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Laos
Top Destination
Thailand$3.29B

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

In 2021, countries that imported more from South Africa than Laos were China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2021, countries that imported more from Laos than South Africa were Thailand ($3.29B), Vietnam ($978M), and Cambodia ($207M).

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

Comparative Advantage South Africa - Laos

Flow
Scale

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

During 2022, South Africa had a large net trade with Laos in the exports of Machines ($211k), Foodstuffs ($55.2k), and Textiles ($9.17k).

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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Africa has comparative advantage over Laos. Similarly, the more yellow a dot/product is, the more Laos has comparative advantage over South Africa.

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

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