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Pricing

2022
Flag → Flag
Exports $11.6kRnk 154 / 156
2022
Flag → Flag
Top Product $4.68kMachinery Having Individual Functions
2022
Flag → Flag
Exports $4.23MRnk 10 / 107
2022
Flag → Flag
Top Product $3.73MLow-voltage Protection Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC $11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186

About

Mexico-Lesotho Trade: In 2022, Mexico exported $11.6k to Lesotho. The main products that Mexico exported to Lesotho were Machinery Having Individual Functions ($4.68k), Broadcasting Equipment ($3.42k), and X-Ray Equipment ($1.1k). Over the past 6 years the exports of Mexico to Lesotho have decreased at an annualized rate of 25.7%, from $68.6k in 2016 to $11.6k in 2022.

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

Lesotho-Mexico Trade: In 2022, Lesotho exported $4.23M to Mexico. The main products that Lesotho exported to Mexico were Low-voltage Protection Equipment ($3.73M), Non-Knit Men's Suits ($158k), and Brooms ($131k). Over the past 6 years the exports of Lesotho to Mexico have increased at an annualized rate of 12.8%,  from $2.32M in 2016 to $4.23M in 2022.

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

Comparison In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08),  and 10 in total exports ($549B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mexico exported $11.6k to Lesotho. The main products exported from Mexico to Lesotho were Machinery Having Individual Functions ($4.68k), Broadcasting Equipment ($3.42k), and X-Ray Equipment ($1.1k). During the last 6 years the exports of Mexico to Lesotho have decreased at an annualized rate of 25.7%, from $68.6k in 2016 to $11.6k in 2022.

In 2017, Lesotho exported $4.23M to Mexico. The main products exported from Lesotho to Mexico were Low-voltage Protection Equipment ($3.73M), Non-Knit Men's Suits ($158k), and Brooms ($131k). During the last 5 years the exports of Lesotho to Mexico have increased at an annualized rate of 12.8%, from $2.32M in 2022 to $4.23M in 2017.

Exports from Mexico (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Lesotho (Flag)

Mexico Exports

Date

Lesotho Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Mexico than Lesotho included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Difference in imports from Lesotho (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - Lesotho

Flow
Scale

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

During 2022, Mexico had a large net trade with Lesotho in the exports of Machines ($9.77k), Instruments ($1.1k), and Foodstuffs ($685).

During 2017, Lesotho had a large net trade with Mexico in the exports of Machines ($3.73M), Textiles ($255k), and Miscellaneous ($131k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Lesotho+$3.13kRefined Petroleum
Top Product Potential Lesotho Mexico+$3.06MLow-voltage Protection 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

This visualization shows the product space at the HS4 level with the flags of Mexico and Lesotho. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Mexico.

Product Space of Mexico (Flag) and Lesotho (Flag) (2022)

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