Bangladesh (BGD) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

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Bangladesh-Lesotho Trade: In 2023, Bangladesh exported $218k to Lesotho. The main products that Bangladesh exported to Lesotho were Packaged Medicaments ($217k), Textile Footwear ($138), and Other Non-Knit Clothing Accessories ($41). Over the past 5 years the exports of Bangladesh to Lesotho have decreased at an annualized rate of 21.1%, from $714k in 2018 to $218k in 2023.

In 2023, Bangladesh did not export any services to Lesotho.

Lesotho-Bangladesh Trade: In 2023, Lesotho exported $6 to Bangladesh. The main products that Lesotho exported to Bangladesh were Other Non-Knit Clothing Accessories ($6). Over the past 5 years the exports of Lesotho to Bangladesh have decreased at an annualized rate of 90.5%, from $760k in 2018 to $6 in 2023.

In 2023, Lesotho did not export any services to Bangladesh.

Comparison In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). 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

In 2023, Bangladesh exported $218k to Lesotho. The main products exported from Bangladesh to Lesotho were Packaged Medicaments ($217k), Textile Footwear ($138), and Other Non-Knit Clothing Accessories ($41). During the last 5 years the exports of Bangladesh to Lesotho have decreased at an annualized rate of 21.1%, from $714k in 2018 to $218k in 2023.

In 2018, Lesotho exported $6 to Bangladesh. The main products exported from Lesotho to Bangladesh were Other Non-Knit Clothing Accessories ($6). During the last 5 years the exports of Lesotho to Bangladesh have decreased at an annualized rate of 90.5%, from $760k in 2023 to $6 in 2018.

Exports from Bangladesh () to Lesotho () (2023)

Exports from Lesotho () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Lesotho ()

Lesotho Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Bangladesh than Lesotho included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Lesotho than Bangladesh included South Africa ($351M), Eswatini ($7.34M), and Botswana ($1.49M).

Difference in imports from Lesotho () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Lesotho in the exports of Chemical Products ($217k), Textiles ($158), and Footwear and Headwear ($138).

During 2018, Lesotho had a large net trade with Bangladesh in the exports of Textiles ($6).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Lesotho+$2.09kNon-Knit Men's Suits

Top Product Potential Lesotho Bangladesh+$2.25kHeavy Pure Woven Cotton

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

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Lesotho () (2023)

Exports from Lesotho () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Lesotho ()

Lesotho Exports

Market Competitiveness

Difference in imports from Lesotho () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Lesotho () (2023)

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