Lesotho (LSO) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Lesotho-Sweden Trade: In 2022, Lesotho exported $22.5k to Sweden. The main products that Lesotho exported to Sweden were Low-voltage Protection Equipment ($18.6k), Plastic Lids ($1.88k), and Knit T-shirts ($1.09k). Over the past 5 years the exports of Lesotho to Sweden have decreased at an annualized rate of 22.6%, from $81.2k in 2017 to $22.5k in 2022.

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

Sweden-Lesotho Trade: In 2022, Sweden exported $526k to Lesotho. The main products that Sweden exported to Lesotho were Laboratory Reagents ($355k), Brochures ($90.3k), and Cars ($42.6k). Over the past 5 years the exports of Sweden to Lesotho have increased at an annualized rate of 198%, from $2.23k in 2017 to $526k in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $22.5k to Sweden. The main products exported from Lesotho to Sweden were Low-voltage Protection Equipment ($18.6k), Plastic Lids ($1.88k), and Knit T-shirts ($1.09k). During the last 5 years the exports of Lesotho to Sweden have decreased at an annualized rate of 22.6%, from $81.2k in 2017 to $22.5k in 2022.

In 2017, Sweden exported $526k to Lesotho. The main products exported from Sweden to Lesotho were Laboratory Reagents ($355k), Brochures ($90.3k), and Cars ($42.6k). During the last 5 years the exports of Sweden to Lesotho have increased at an annualized rate of 198%, from $2.23k in 2022 to $526k in 2017.

Exports from Lesotho () to Sweden () (2022)

Exports from Sweden () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Sweden ()

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from Lesotho than Sweden included Eswatini ($11.3M).

In 2022, countries that imported more from Sweden than Lesotho included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Lesotho - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Sweden in the exports of Machines ($18.7k), Plastics and Rubbers ($1.88k), and Textiles ($1.88k).

During 2017, Sweden had a large net trade with Lesotho in the exports of Chemical Products ($376k), Paper Goods ($91.6k), and Transportation ($42.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Sweden+$83.9kLow-voltage Protection Equipment

Top Product Potential Sweden Lesotho+$6.33kSports Equipment

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Sweden () (2022)

Exports from Sweden () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Sweden ()

Sweden Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Sweden

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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