Lesotho (LSO) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Lesotho-Brazil Trade: In 2022, Lesotho exported $9.26k to Brazil. The main products that Lesotho exported to Brazil were Low-voltage Protection Equipment ($7.57k), Other Agricultural Machinery ($1.36k), and Industrial Printers ($186). Over the past 5 years the exports of Lesotho to Brazil have decreased at an annualized rate of 38.4%, from $104k in 2017 to $9.26k in 2022.

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

Brazil-Lesotho Trade: In 2022, Brazil exported $33.7k to Lesotho. The main products that Brazil exported to Lesotho were Leather Footwear ($20.2k), Trunks and Cases ($7.17k), and Textile Footwear ($5.69k). Over the past 5 years the exports of Brazil to Lesotho have decreased at an annualized rate of 52.6%, from $1.41M in 2017 to $33.7k in 2022.

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

Comparison In 2022, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $9.26k to Brazil. The main products exported from Lesotho to Brazil were Low-voltage Protection Equipment ($7.57k), Other Agricultural Machinery ($1.36k), and Industrial Printers ($186). During the last 5 years the exports of Lesotho to Brazil have decreased at an annualized rate of 38.4%, from $104k in 2017 to $9.26k in 2022.

In 2017, Brazil exported $33.7k to Lesotho. The main products exported from Brazil to Lesotho were Leather Footwear ($20.2k), Trunks and Cases ($7.17k), and Textile Footwear ($5.69k). During the last 5 years the exports of Brazil to Lesotho have decreased at an annualized rate of 52.6%, from $1.41M in 2022 to $33.7k in 2017.

Exports from Lesotho () to Brazil () (2022)

Exports from Brazil () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Brazil
Top DestinationChina$90.1B

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

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

In 2022, countries that imported more from Brazil than Lesotho included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Lesotho - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Brazil in the exports of Machines ($9.26k).

During 2017, Brazil had a large net trade with Lesotho in the exports of Footwear and Headwear ($26.5k), Animal Hides ($7.17k), and Textiles ($65).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Brazil+$63.2kLow-voltage Protection Equipment

Top Product Potential Brazil Lesotho+$36kLeather Footwear

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Brazil () (2022)

Exports from Brazil () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Brazil ()

Brazil Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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