Burkina Faso (BFA) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

About

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

Lesotho-Burkina Faso Trade: In N/A, Lesotho exported $440 to Burkina Faso. The main products that Lesotho exported to Burkina Faso were Low-voltage Protection Equipment ($440). Over the past N/A years the exports of Lesotho to Burkina Faso have decreased at an annualized rate of 64.6%, from $79.4k in N/A to $440 in N/A.

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

Comparison In 2023, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Burkina Faso does not register exports to Lesotho.

In 2018, Lesotho exported $440 to Burkina Faso. The main products exported from Lesotho to Burkina Faso were Low-voltage Protection Equipment ($440). During the last 5 years the exports of Lesotho to Burkina Faso have decreased at an annualized rate of 64.6%, from $79.4k in 2023 to $440 in 2018.

Exports from Burkina Faso () to Lesotho () (2023)

Exports from Lesotho () to Burkina Faso () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationSwitzerland$6B

Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Burkina Faso than Lesotho included Switzerland ($6B), United Arab Emirates ($815M), and Mali ($268M).

In 2023, countries that imported more from Lesotho than Burkina Faso included South Africa ($351M), Belgium ($295M), and United States ($228M).

Difference in imports from Lesotho () and Burkina Faso () (2023)

Comparative Advantage Burkina Faso - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Lesotho had a large net trade with Burkina Faso in the exports of Machines ($440).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burkina Faso Lesotho+$1.46kRefined Petroleum

Top Product Potential Lesotho Burkina Faso+$24.7kNon-Knit Men's Suits

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

About

Historical Data

Bilateral Trade by Products

Exports from Burkina Faso () to Lesotho () (2023)

Exports from Lesotho () to Burkina Faso () (2023)

Market Competitiveness

Difference in imports from Lesotho () and Burkina Faso () (2023)

Comparative Advantage Burkina Faso - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burkina Faso () and Lesotho () (2023)

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