Lesotho (LSO) and Paraguay (PRY) Trade | The Observatory of Economic Complexity

About

Lesotho-Paraguay Trade: In 2022, Lesotho exported $87 to Paraguay. The main products that Lesotho exported to Paraguay were Ceramic Tableware ($87). Over the past 7 years the exports of Lesotho to Paraguay have decreased at an annualized rate of 46.9%, from $7.26k in 2015 to $87 in 2022.

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

Paraguay-Lesotho In false, Paraguay did not export any products to Lesotho.

In 2022, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $87 to Paraguay. The main products exported from Lesotho to Paraguay were Ceramic Tableware ($87). During the last 7 years the exports of Lesotho to Paraguay have decreased at an annualized rate of 46.9%, from $7.26k in 2015 to $87 in 2022.

Paraguay does not register exports to Lesotho.

Exports from Lesotho () to Paraguay () (2022)

Exports from Paraguay () to Lesotho () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Paraguay
Top DestinationBrazil$3.67B

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

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

In 2022, countries that imported more from Paraguay than Lesotho included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Lesotho - Paraguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Paraguay in the exports of Stone And Glass ($87).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Paraguay+$1.62kLow-voltage Protection Equipment

Top Product Potential Paraguay Lesotho+$1.92kElectricity

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Paraguay () (2022)

Exports from Paraguay () to Lesotho () (2022)

Market Competitiveness

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

Comparative Advantage Lesotho - Paraguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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