Lesotho (LSO) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Lesotho-Singapore Trade: In 2023, Lesotho exported $8.07M to Singapore. The main products that Lesotho exported to Singapore were Precious Stones ($7.97M), Low-voltage Protection Equipment ($45.6k), and Aluminium Structures ($33.9k). Over the past 5 years the exports of Lesotho to Singapore have increased at an annualized rate of 29.4%, from $2.23M in 2018 to $8.07M in 2023.

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

Singapore-Lesotho Trade: In 2023, Singapore exported $1.24M to Lesotho. The main products that Singapore exported to Lesotho were Petroleum Jelly ($911k), Cars ($279k), and Sewing Machines ($13.9k). Over the past 5 years the exports of Singapore to Lesotho have increased at an annualized rate of 0.34%, from $1.22M in 2018 to $1.24M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $8.07M to Singapore. The main products exported from Lesotho to Singapore were Precious Stones ($7.97M), Low-voltage Protection Equipment ($45.6k), and Aluminium Structures ($33.9k). During the last 5 years the exports of Lesotho to Singapore have increased at an annualized rate of 29.4%, from $2.23M in 2018 to $8.07M in 2023.

In 2018, Singapore exported $1.24M to Lesotho. The main products exported from Singapore to Lesotho were Petroleum Jelly ($911k), Cars ($279k), and Sewing Machines ($13.9k). During the last 5 years the exports of Singapore to Lesotho have increased at an annualized rate of 0.34%, from $1.22M in 2023 to $1.24M in 2018.

Exports from Lesotho () to Singapore () (2023)

Exports from Singapore () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Singapore ()

Lesotho Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Lesotho than Singapore included Eswatini ($7.34M) and Curaçao ($116k).

In 2023, countries that imported more from Singapore than Lesotho included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Lesotho - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Singapore in the exports of Precious Metals ($7.97M), Machines ($51.8k), and Metals ($33.9k).

During 2018, Singapore had a large net trade with Lesotho in the exports of Mineral Products ($911k), Transportation ($289k), and Machines ($15.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Singapore+$2.9MDiamonds

Top Product Potential Singapore Lesotho+$10.8kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Singapore () (2023)

Exports from Singapore () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Singapore ()

Lesotho Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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