Lesotho (LSO) and Ghana (GHA) Trade | The Observatory of Economic Complexity

About

Lesotho-Ghana Trade: In 2023, Lesotho exported $32.6k to Ghana. The main products that Lesotho exported to Ghana were Non-Knit Men's Shirts ($10.6k), Non-Knit Men's Suits ($7.02k), and Felt or Coated Fabric Garments ($3.69k). Over the past 5 years the exports of Lesotho to Ghana have increased at an annualized rate of 26.5%, from $10k in 2018 to $32.6k in 2023.

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

Ghana-Lesotho Trade: In 2023, Ghana exported $1.64M to Lesotho. The main products that Ghana exported to Lesotho were Other Heating Machinery ($565k), Other Iron Products ($541k), and Electrical Control Boards ($187k). Over the past 5 years the exports of Ghana to Lesotho have increased at an annualized rate of 60.9%, from $152k in 2018 to $1.64M in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $32.6k to Ghana. The main products exported from Lesotho to Ghana were Non-Knit Men's Shirts ($10.6k), Non-Knit Men's Suits ($7.02k), and Felt or Coated Fabric Garments ($3.69k). During the last 5 years the exports of Lesotho to Ghana have increased at an annualized rate of 26.5%, from $10k in 2018 to $32.6k in 2023.

In 2018, Ghana exported $1.64M to Lesotho. The main products exported from Ghana to Lesotho were Other Heating Machinery ($565k), Other Iron Products ($541k), and Electrical Control Boards ($187k). During the last 5 years the exports of Ghana to Lesotho have increased at an annualized rate of 60.9%, from $152k in 2023 to $1.64M in 2018.

Exports from Lesotho () to Ghana () (2023)

Exports from Ghana () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Ghana ()

Lesotho Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Lesotho than Ghana included Belgium ($295M), Eswatini ($7.34M), and Botswana ($1.49M).

In 2023, countries that imported more from Ghana than Lesotho included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Lesotho - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Ghana in the exports of Textiles ($32.6k) and Machines ($3).

During 2018, Ghana had a large net trade with Lesotho in the exports of Machines ($1.06M), Metals ($541k), and Textiles ($27.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Ghana+$2.1kKnit Women's Suits

Top Product Potential Ghana Lesotho+$1.89kRefined 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 Ghana. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Ghana. Similarly, a dot/product with the flag of Ghana indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Ghana () (2023)

Exports from Ghana () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Ghana ()

Lesotho Exports

Ghana Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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