Australia (AUS) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

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Australia-Lesotho Trade: In 2022, Australia exported $193k to Lesotho. The main products that Australia exported to Lesotho were Iron Structures ($53.4k), Other Iron Products ($32k), and Textile Fiber Machinery ($25.2k). Over the past 5 years the exports of Australia to Lesotho have increased at an annualized rate of 72%, from $12.8k in 2017 to $193k in 2022.

In 2022, Australia did not export any services to Lesotho.

Lesotho-Australia Trade: In 2022, Lesotho exported $394k to Australia. The main products that Lesotho exported to Australia were Knit Men's Shirts ($118k), Other Knit Garments ($90.9k), and Knit T-shirts ($75.4k). Over the past 5 years the exports of Lesotho to Australia have decreased at an annualized rate of 6.06%, from $834k in 2017 to $394k in 2022.

In 2022, Lesotho did not export any services to Australia.

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $193k to Lesotho. The main products exported from Australia to Lesotho were Iron Structures ($53.4k), Other Iron Products ($32k), and Textile Fiber Machinery ($25.2k). During the last 5 years the exports of Australia to Lesotho have increased at an annualized rate of 72%, from $12.8k in 2017 to $193k in 2022.

In 2017, Lesotho exported $394k to Australia. The main products exported from Lesotho to Australia were Knit Men's Shirts ($118k), Other Knit Garments ($90.9k), and Knit T-shirts ($75.4k). During the last 5 years the exports of Lesotho to Australia have decreased at an annualized rate of 6.06%, from $834k in 2022 to $394k in 2017.

Exports from Australia () to Lesotho () (2022)

Exports from Lesotho () to Australia () (2022)

Latest Data

Trade between Australia () and Lesotho ()

Australia Exports

Date

Lesotho Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Australia than Lesotho included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Lesotho than Australia included Eswatini ($11.3M).

Difference in imports from Lesotho () and Australia () (2022)

Comparative Advantage Australia - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and Lesotho by product, considering products traded by both, Australia and Lesotho.

During 2022, Australia had a large net trade with Lesotho in the exports of Metals ($91.1k), Machines ($62.3k), and Paper Goods ($15.1k).

During 2017, Lesotho had a large net trade with Australia in the exports of Textiles ($365k), Vegetable Products ($21.2k), and Footwear and Headwear ($4.04k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Lesotho+$16.9kComputers

Top Product Potential Lesotho Australia+$303kKnit T-shirts

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

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to Lesotho () (2022)

Exports from Lesotho () to Australia () (2022)

Latest Data

Trade between Australia () and Lesotho ()

Australia Exports

Lesotho Exports

Market Competitiveness

Difference in imports from Lesotho () and Australia () (2022)

Comparative Advantage Australia - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Lesotho () (2022)

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