Lesotho (LSO) and Japan (JPN) Trade | The Observatory of Economic Complexity

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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 23.8%, from $433k in 2018 to $1.26M in 2023.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 23.8%, from $433k in 2018 to $1.26M in 2023.

In 2018, 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 2023 to $18.8M in 2018.

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

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

Latest Data

Trade between Lesotho () and Japan ()

Lesotho Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Japan
Top DestinationUnited States$143B

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

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

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

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

Comparative Advantage Lesotho - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Japan in the exports of Precious Metals ($1.2M), Machines ($46k), and Textiles ($9.47k).

During 2018, Japan had a large net trade with Lesotho in the exports of Transportation ($14.1M), Foodstuffs ($2.41M), and Animal Products ($1.12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Japan+$501kNon-fillet Frozen Fish

Top Product Potential Japan Lesotho+$1.96MCars

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Lesotho () and Japan ()

Lesotho Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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