Lesotho (LSO) and Peru (PER) Trade | The Observatory of Economic Complexity

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Lesotho-Peru Trade: In 2023, Lesotho exported $13.9k to Peru. The main products that Lesotho exported to Peru were Non-Knit Men's Suits ($10.2k), Knit Men's Shirts ($1.58k), and Cigarette Paper ($1k). Over the past 5 years the exports of Lesotho to Peru have increased at an annualized rate of 3.38%, from $11.7k in 2018 to $13.9k in 2023.

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

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

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $13.9k to Peru. The main products exported from Lesotho to Peru were Non-Knit Men's Suits ($10.2k), Knit Men's Shirts ($1.58k), and Cigarette Paper ($1k). During the last 5 years the exports of Lesotho to Peru have increased at an annualized rate of 3.38%, from $11.7k in 2018 to $13.9k in 2023.

Peru does not register exports to Lesotho.

Exports from Lesotho () to Peru () (2023)

Exports from Peru () to Lesotho () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Lesotho than Peru included South Africa ($351M), Eswatini ($7.34M), and Botswana ($1.49M).

In 2023, countries that imported more from Peru than Lesotho included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage Lesotho - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Peru in the exports of Textiles ($12.7k), Paper Goods ($1k), and Machines ($160).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Peru+$5.96kKnit T-shirts

Top Product Potential Peru Lesotho+$2.64kRefined 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 Peru. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Peru () (2023)

Exports from Peru () to Lesotho () (2023)

Market Competitiveness

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

Comparative Advantage Lesotho - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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