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Exports In 2023, Lesotho exported $13.3M in Knit Sweaters, making it the 80th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 12th most exported product in Lesotho. The main destination of Knit Sweaters exports from Lesotho are: United States ($10.2M), South Africa ($2.72M), Canada ($223k), United Kingdom ($51.1k), and Sri Lanka ($39.9k).

The fastest growing export markets for Knit Sweaters of Lesotho between 2022 and 2023 were Canada ($51.5k), Sri Lanka ($39.9k), and Dominican Republic ($11.6k).

Imports In 2023, Lesotho imported $1.93M in Knit Sweaters, becoming the 137th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 170th most imported product in Lesotho. Lesotho imports Knit Sweaters primarily from: South Africa ($1.9M), United States ($11.9k), Japan ($7.57k), Italy ($4.88k), and China ($1.87k).

The fastest growing import markets in Knit Sweaters for Lesotho between 2022 and 2023 were Japan ($6.3k), United States ($6.16k), and Italy ($4.66k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Sweaters. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$13.3M
IMPORTS (2023)$1.93M
NET TRADE (2023)$11.3M

In 2023, Lesotho exported $13.3M in Knit Sweaters. The main destinations of Lesotho exports on Knit Sweaters were United States ($10.2M), South Africa ($2.72M), Canada ($223k), United Kingdom ($51.1k), and Sri Lanka ($39.9k).

In 2023, Lesotho imported $1.93M in Knit Sweaters, mainly from South Africa ($1.9M), United States ($11.9k), Japan ($7.57k), Italy ($4.88k), and China ($1.87k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Lesotho WERE (2022 - 2023):
Canada$51.5k (29.9%)
Sri Lanka$39.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Lesotho WERE (2022 - 2023):
United States-$15.7M (-60.7%)
South Africa-$986k (-26.6%)
United Arab Emirates-$708k (-99.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lesotho' main exporting competitors in Knit Sweaters were:
In 2023, Lesotho' main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $21.2M
TOP IMPORT POTENTIALPortugal+ $11.9k

Knit Sweaters’s highest export potential is United States. With an export gap of $21.2M.   Knit Sweaters’s highest import potential is Portugal with an import gap of $11.9k.

See methodology.

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