Lesotho (LSO) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Lesotho-Norway Trade: In 2022, Lesotho exported $1.86k to Norway. The main products that Lesotho exported to Norway were Cereal Flours ($1.07k), Cereal Meal and Pellets ($778), and Knit Socks and Hosiery ($9). Over the past 6 years the exports of Lesotho to Norway have increased at an annualized rate of 21.6%, from $575 in 2016 to $1.86k in 2022.

In 2022, Lesotho did not export any services to Norway.

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

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $1.86k to Norway. The main products exported from Lesotho to Norway were Cereal Flours ($1.07k), Cereal Meal and Pellets ($778), and Knit Socks and Hosiery ($9). During the last 6 years the exports of Lesotho to Norway have increased at an annualized rate of 21.6%, from $575 in 2016 to $1.86k in 2022.

Norway does not register exports to Lesotho. The main products exported from Norway to Lesotho were Sawn Wood ($109k).

Exports from Lesotho () to Norway () (2022)

Exports from Norway () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Norway ()

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Lesotho than Norway included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

In 2022, countries that imported more from Norway than Lesotho included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway () and Lesotho () (2022)

Comparative Advantage Lesotho - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Norway in the exports of Vegetable Products ($1.85k) and Textiles ($9).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Norway+$2.71kNon-Knit Men's Suits

Top Product Potential Norway Lesotho+$24.3kSawn Wood

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Norway () (2022)

Exports from Norway () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Norway ()

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Lesotho () (2022)

Comparative Advantage Lesotho - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lesotho () and Norway () (2022)

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