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2023
Flag → Flag
Exports $18.8MRnk 158 / 211
2023
Flag → Flag
Top Product $12.8MCars
2023
Flag → Flag
Exports $1.26MRnk 17 / 105
2023
Flag → Flag
Top Product $1.2MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH-10.5%CURRENT US$
Rnk 181 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$916CURRENT US$
Rnk 180 / 196
2013-2023
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GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195

About

Japan-Lesotho Trade: In 2023, Japan exported $18.8M to Lesotho. The main products that Japan exported to Lesotho were Cars ($12.8M), Processed Fish ($2.41M), and Non-fillet Fresh Fish ($1.12M). Over the past 5 years the exports of Japan to Lesotho have decreased at an annualized rate of 10.4%, from $32.6M in 2018 to $18.8M in 2023.

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

Lesotho-Japan Trade: In 2023, Lesotho exported $1.26M to Japan. The main products that Lesotho exported to Japan were Diamonds ($1.2M), Low-voltage Protection Equipment ($46k), and Non-Knit Men's Suits ($9.26k). Over the past 5 years the exports of Lesotho to Japan have increased at an annualized rate of 14.3%,  from $433k in 2018 to $1.26M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥112M and imported ¥1.37M from Lesotho, resulting in a positive trade balance of ¥110M. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-63M (-36.1%) from ¥175M to ¥112M, while imports decreased by ¥-122k (-8.19%) from ¥1.49M to ¥1.37M.

Trade In November 2024, the top exports of Japan to Lesotho were Cars (¥31.7M), Commodities not elsewhere specified (¥23.7M), Raw Plastic Sheeting (¥11.2M), Buses (¥1.37M), and Delivery Trucks (¥1.27M). In November 2024 the top imports of Japan from Lesotho were .

Origins In November 2024 the exports of Japan were mainly from Aichi (¥81.7M), Kanagawa (¥25.2M), Osaka (¥2.52M), Ibaraki (¥815k), and Chiba (¥707k), while imports destinations were mainly Chiba (¥1.37M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Lesotho was explained primarily by an decrease in product exports in Delivery Trucks (¥-6.54M or -83.7%). In November 2024, the decrease in Japan's year-by-year imports  from Lesotho was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-63M(-36.1%)
IMPORT GROWTH (November 2023 - November 2024)¥-122k(-8.19%)
MAIN EXPORTER (November 2024)Aichi¥81.7M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Lesotho and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Lesotho and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $18.8M to Lesotho. The main products exported from Japan to Lesotho were Cars ($12.8M), Processed Fish ($2.41M), and Non-fillet Fresh Fish ($1.12M). During the last 5 years the exports of Japan to Lesotho have decreased at an annualized rate of 10.4%, from $32.6M in 2018 to $18.8M in 2023.

In 2018, Lesotho exported $1.26M to Japan. The main products exported from Lesotho to Japan were Diamonds ($1.2M), Low-voltage Protection Equipment ($46k), and Non-Knit Men's Suits ($9.26k). During the last 5 years the exports of Lesotho to Japan have increased at an annualized rate of 14.3%, from $433k in 2023 to $1.26M in 2018.

Exports from Japan (Flag) to Lesotho (Flag) (2023)

Exports from Lesotho (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Japan than Lesotho included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, no countries were registered that imported more from Lesotho than from Japan.

Difference in imports from Lesotho (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Lesotho

Flow
Scale

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

During 2023, Japan had a large net trade with Lesotho in the exports of Transportation ($14.1M), Foodstuffs ($2.41M), and Animal Products ($1.12M).

During 2018, Lesotho had a large net trade with Japan in the exports of Precious Metals ($1.2M), Machines ($46k), and Textiles ($9.47k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Lesotho+$1.96MCars
Top Product Potential Lesotho Japan+$501kNon-fillet Frozen Fish

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

This visualization shows the product space at the HS4 level with the flags of Japan and Lesotho. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Lesotho (Flag) (2023)

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