Lesotho (LSO) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

About

Lesotho-Kuwait Trade: In 2023, Lesotho exported $8.44k to Kuwait. The main products that Lesotho exported to Kuwait were Knit Men's Suits ($2.65k), Non-Knit Men's Suits ($1.44k), and Knit Men's Shirts ($863). Over the past 5 years the exports of Lesotho to Kuwait have decreased at an annualized rate of 14.5%, from $18.4k in 2018 to $8.44k in 2023.

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

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

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $8.44k to Kuwait. The main products exported from Lesotho to Kuwait were Knit Men's Suits ($2.65k), Non-Knit Men's Suits ($1.44k), and Knit Men's Shirts ($863). During the last 5 years the exports of Lesotho to Kuwait have decreased at an annualized rate of 14.5%, from $18.4k in 2018 to $8.44k in 2023.

Kuwait does not register exports to Lesotho.

Exports from Lesotho () to Kuwait () (2023)

Exports from Kuwait () to Lesotho () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Lesotho than Kuwait included South Africa ($351M), Belgium ($295M), and Eswatini ($7.34M).

In 2023, countries that imported more from Kuwait than Lesotho included China ($17.4B), India ($9.51B), and Japan ($9.13B).

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

Comparative Advantage Lesotho - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Kuwait in the exports of Textiles ($7.9k) and Machines ($547).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Kuwait+$33.5kNon-Knit Women's Suits

Top Product Potential Kuwait Lesotho+$3.24kRefined 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 Kuwait. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Kuwait () (2023)

Exports from Kuwait () to Lesotho () (2023)

Market Competitiveness

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

Comparative Advantage Lesotho - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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