Lesotho (LSO) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Lesotho-North Macedonia Trade: In 2022, Lesotho exported $195 to North Macedonia. The main products that Lesotho exported to North Macedonia were Low-voltage Protection Equipment ($195). Over the past 5 years the exports of Lesotho to North Macedonia have decreased at an annualized rate of 44.3%, from $3.65k in 2017 to $195 in 2022.

In 2022, Lesotho did not export any services to North Macedonia.

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

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $195 to North Macedonia. The main products exported from Lesotho to North Macedonia were Low-voltage Protection Equipment ($195). During the last 5 years the exports of Lesotho to North Macedonia have decreased at an annualized rate of 44.3%, from $3.65k in 2017 to $195 in 2022.

North Macedonia does not register exports to Lesotho.

Exports from Lesotho () to North Macedonia () (2022)

Exports from North Macedonia () to Lesotho () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Lesotho than North Macedonia included South Africa ($434M), United States ($327M), and Belgium ($219M).

In 2022, countries that imported more from North Macedonia than Lesotho included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Lesotho () (2022)

Comparative Advantage Lesotho - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with North Macedonia in the exports of Machines ($195).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho North Macedonia+$3.18kLow-voltage Protection Equipment

Top Product Potential North Macedonia Lesotho+$1.53kRefined 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 North Macedonia. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to North Macedonia () (2022)

Exports from North Macedonia () to Lesotho () (2022)

Market Competitiveness

Difference in imports from North Macedonia () and Lesotho () (2022)

Comparative Advantage Lesotho - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lesotho () and North Macedonia () (2022)

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