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

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Singapore-Lesotho Trade: In 2022, Singapore exported $1.13M to Lesotho. The main products that Singapore exported to Lesotho were Petroleum Jelly ($502k), Cars ($323k), and Light Synthetic Cotton Fabrics ($290k). Over the past 5 years the exports of Singapore to Lesotho have increased at an annualized rate of 32.7%, from $274k in 2017 to $1.13M in 2022.

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

Lesotho-Singapore Trade: In 2022, Lesotho exported $1.26M to Singapore. The main products that Lesotho exported to Singapore were Diamonds ($1.09M), Low-voltage Protection Equipment ($154k), and Machinery Having Individual Functions ($6.2k). Over the past 5 years the exports of Lesotho to Singapore have increased at an annualized rate of 112%, from $29.4k in 2017 to $1.26M in 2022.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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

In 2022, Singapore exported $1.13M to Lesotho. The main products exported from Singapore to Lesotho were Petroleum Jelly ($502k), Cars ($323k), and Light Synthetic Cotton Fabrics ($290k). During the last 5 years the exports of Singapore to Lesotho have increased at an annualized rate of 32.7%, from $274k in 2017 to $1.13M in 2022.

In 2017, Lesotho exported $1.26M to Singapore. The main products exported from Lesotho to Singapore were Diamonds ($1.09M), Low-voltage Protection Equipment ($154k), and Machinery Having Individual Functions ($6.2k). During the last 5 years the exports of Lesotho to Singapore have increased at an annualized rate of 112%, from $29.4k in 2022 to $1.26M in 2017.

Exports from Singapore () to Lesotho () (2022)

Exports from Lesotho () to Singapore () (2022)

Latest Data

Trade between Singapore () and Lesotho ()

Singapore Exports

Date

Lesotho Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Singapore than Lesotho included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Lesotho in the exports of Mineral Products ($502k), Transportation ($326k), and Textiles ($290k).

During 2017, Lesotho had a large net trade with Singapore in the exports of Precious Metals ($1.09M), Machines ($160k), and Plastics and Rubbers ($5.74k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Lesotho+$10.8kDelivery Trucks

Top Product Potential Lesotho Singapore+$2.9MDiamonds

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Lesotho () (2022)

Exports from Lesotho () to Singapore () (2022)

Latest Data

Trade between Singapore () and Lesotho ()

Singapore Exports

Lesotho Exports

Market Competitiveness

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

Comparative Advantage Singapore - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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