Lesotho (LSO) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Lesotho-Vietnam Trade: In 2022, Lesotho exported $33 to Vietnam. The main products that Lesotho exported to Vietnam were Heavy Pure Woven Cotton ($9), Non-Knit Men's Shirts ($6), and Light Rubberized Knitted Fabric ($5). Over the past 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 80.8%, from $127k in 2017 to $33 in 2022.

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

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

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $33 to Vietnam. The main products exported from Lesotho to Vietnam were Heavy Pure Woven Cotton ($9), Non-Knit Men's Shirts ($6), and Light Rubberized Knitted Fabric ($5). During the last 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 80.8%, from $127k in 2017 to $33 in 2022.

Vietnam does not register exports to Lesotho. The main products exported from Vietnam to Lesotho were Light Rubberized Knitted Fabric ($1.55M), Artificial Filament Sewing Thread ($377k), and Non-Retail Synthetic Filament Yarn ($194k).

Exports from Lesotho () to Vietnam () (2022)

Exports from Vietnam () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Vietnam ()

Lesotho Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Lesotho than Vietnam included Eswatini ($11.3M), Botswana ($3.11M), and Zimbabwe ($449k).

In 2022, countries that imported more from Vietnam than Lesotho included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Lesotho - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Vietnam in the exports of Textiles ($32) and Paper Goods ($1).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Vietnam+$3.84kDiamonds

Top Product Potential Vietnam Lesotho+$3.26kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Vietnam () (2022)

Exports from Vietnam () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Vietnam ()

Lesotho Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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