Azerbaijan (AZE) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

About

In N/A, Azerbaijan did not export any services to Lesotho.

Lesotho-Azerbaijan Trade: In N/A, Lesotho exported $1.06k to Azerbaijan. The main products that Lesotho exported to Azerbaijan were Knit Men's Shirts ($1.06k). Over the past N/A years the exports of Lesotho to Azerbaijan have decreased at an annualized rate of 21.5%, from $3.56k in N/A to $1.06k in N/A.

In N/A, Lesotho did not export any services to Azerbaijan.

Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

Azerbaijan does not register exports to Lesotho.

In 2017, Lesotho exported $1.06k to Azerbaijan. The main products exported from Lesotho to Azerbaijan were Knit Men's Shirts ($1.06k). During the last 5 years the exports of Lesotho to Azerbaijan have decreased at an annualized rate of 21.5%, from $3.56k in 2022 to $1.06k in 2017.

Exports from Azerbaijan () to Lesotho () (2022)

Exports from Lesotho () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Azerbaijan than Lesotho included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Lesotho than Azerbaijan included South Africa ($434M), United States ($327M), and Belgium ($219M).

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

Comparative Advantage Azerbaijan - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Lesotho had a large net trade with Azerbaijan in the exports of Textiles ($1.06k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Lesotho+$2.38kPetroleum Gas

Top Product Potential Lesotho Azerbaijan+$4.46kKnit Men's 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 Azerbaijan and Lesotho. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Azerbaijan.

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Lesotho () (2022)

Exports from Lesotho () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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