Lesotho (LSO) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Lesotho-Colombia Trade: In 2023, Lesotho exported $19.5k to Colombia. The main products that Lesotho exported to Colombia were Electrical Transformers ($12.6k), Low-voltage Protection Equipment ($5.77k), and Knit Men's Shirts ($1.09k). Over the past 6 years the exports of Lesotho to Colombia have increased at an annualized rate of 33.4%, from $3.45k in 2017 to $19.5k in 2023.

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

Colombia-Lesotho In N/A, Colombia did not export any products to Lesotho.

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

Comparison In 2023, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $19.5k to Colombia. The main products exported from Lesotho to Colombia were Electrical Transformers ($12.6k), Low-voltage Protection Equipment ($5.77k), and Knit Men's Shirts ($1.09k). During the last 6 years the exports of Lesotho to Colombia have increased at an annualized rate of 33.4%, from $3.45k in 2017 to $19.5k in 2023.

Colombia does not register exports to Lesotho.

Exports from Lesotho () to Colombia () (2023)

Exports from Colombia () to Lesotho () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Colombia
Top DestinationUnited States$14.8B

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

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

In 2023, countries that imported more from Colombia than Lesotho included United States ($14.8B), Panama ($4.66B), and China ($2.5B).

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

Comparative Advantage Lesotho - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Colombia in the exports of Machines ($18.4k) and Textiles ($1.09k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Colombia+$2.17kLow-voltage Protection Equipment

Top Product Potential Colombia Lesotho+$2.78kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Colombia () (2023)

Exports from Colombia () to Lesotho () (2023)

Market Competitiveness

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

Comparative Advantage Lesotho - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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