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Pricing

2023
Flag → Flag
Exports $10.4MRnk 114 / 142
2023
Flag → Flag
Top Product $9.96MLight Rubberized Knitted Fabric
2023
Flag → Flag
Exports $64.1kRnk 46 / 105
2023
Flag → Flag
Top Product $64.1kSewing Machines
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195

About

Vietnam-Lesotho Trade: In 2023, Vietnam exported $10.4M to Lesotho. The main products that Vietnam exported to Lesotho were Light Rubberized Knitted Fabric ($9.96M), Heavy Pure Woven Cotton ($157k), and Paper Spools ($118k). Over the past 5 years the exports of Vietnam to Lesotho have increased at an annualized rate of 4.19%, from $8.49M in 2018 to $10.4M in 2023.

In 2023, Vietnam did not export any services to Lesotho.

Lesotho-Vietnam Trade: In 2023, Lesotho exported $64.1k to Vietnam. The main products that Lesotho exported to Vietnam were Sewing Machines ($64.1k), Synthetic Filament Yarn Woven Fabric ($6), and Ink Ribbons ($5). Over the past 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 10.3%,  from $110k in 2018 to $64.1k in 2023.

In 2023, Lesotho did not export any services to Vietnam.

Comparison In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067),  and 15 in total exports ($424B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $10.4M to Lesotho. The main products exported from Vietnam to Lesotho were Light Rubberized Knitted Fabric ($9.96M), Heavy Pure Woven Cotton ($157k), and Paper Spools ($118k). During the last 5 years the exports of Vietnam to Lesotho have increased at an annualized rate of 4.19%, from $8.49M in 2018 to $10.4M in 2023.

In 2018, Lesotho exported $64.1k to Vietnam. The main products exported from Lesotho to Vietnam were Sewing Machines ($64.1k), Synthetic Filament Yarn Woven Fabric ($6), and Ink Ribbons ($5). During the last 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 10.3%, from $110k in 2023 to $64.1k in 2018.

Exports from Vietnam (Flag) to Lesotho (Flag) (2023)

Exports from Lesotho (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Lesotho (Flag)

Lesotho Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Vietnam than Lesotho included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Lesotho than Vietnam included Eswatini ($7.34M), Botswana ($1.49M), and Cameroon ($319k).

Difference in imports from Lesotho (Flag) and Vietnam (Flag) (2023)

Comparative Advantage Vietnam - Lesotho

Flow
Scale

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

During 2023, Vietnam had a large net trade with Lesotho in the exports of Textiles ($10.1M), Paper Goods ($118k), and Machines ($81.7k).

During 2018, Lesotho had a large net trade with Vietnam in the exports of Machines ($64.1k), Textiles ($18), and Miscellaneous ($5).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Lesotho+$3.26kTelephones
Top Product Potential Lesotho Vietnam+$3.84kDiamonds

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

Product Space of Vietnam (Flag) and Lesotho (Flag) (2023)

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