North Macedonia (MKD) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

About

In N/A, North Macedonia did not export any services to Lesotho.

Lesotho-North Macedonia Trade: In N/A, Lesotho exported $195 to North Macedonia. The main products that Lesotho exported to North Macedonia were Low-voltage Protection Equipment ($195). Over the past N/A years the exports of Lesotho to North Macedonia have decreased at an annualized rate of 44.3%, from $3.65k in N/A to $195 in N/A.

In N/A, Lesotho did not export any services to North Macedonia.

Comparison In 2022, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

North Macedonia does not register exports to Lesotho.

In 2017, Lesotho exported $195 to North Macedonia. The main products exported from Lesotho to North Macedonia were Low-voltage Protection Equipment ($195). During the last 5 years the exports of Lesotho to North Macedonia have decreased at an annualized rate of 44.3%, from $3.65k in 2022 to $195 in 2017.

Exports from North Macedonia () to Lesotho () (2022)

Exports from Lesotho () to North Macedonia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from North Macedonia than Lesotho included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

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

Difference in imports from Lesotho () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Lesotho had a large net trade with North Macedonia in the exports of Machines ($195).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Lesotho+$1.53kRefined Petroleum

Top Product Potential Lesotho North Macedonia+$3.18kLow-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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Lesotho () (2022)

Exports from Lesotho () to North Macedonia () (2022)

Market Competitiveness

Difference in imports from Lesotho () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Lesotho () (2022)

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