2023
Exports
$9.08kWorld Rnk 196 / 214
Flag Rnk 248 / 619
falsefalse South Africa
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$203MWorld Rnk 153 / 226
Flag Rnk 1 / 1091

About

Exports In 2023, Lesotho exported $9.08k in Refined Petroleum, making it the 196th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 248th most exported product in Lesotho. The main destination of Refined Petroleum exports from Lesotho are: South Africa ($9.08k).

Imports In 2023, Lesotho imported $203M in Refined Petroleum, becoming the 153rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Lesotho. Lesotho imports Refined Petroleum primarily from: South Africa ($197M), United Arab Emirates ($3.49M), India ($1.62M), Bahrain ($684k), and Switzerland ($228k).

The fastest growing import markets in Refined Petroleum for Lesotho between 2022 and 2023 were Bahrain ($684k), Switzerland ($228k), and Oman ($94.3k).

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 Refined Petroleum. 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)$9.08k
IMPORTS (2023)$203M
NET TRADE (2023)-$203M

In 2023, Lesotho exported $9.08k in Refined Petroleum. The main destinations of Lesotho exports on Refined Petroleum were South Africa ($9.08k).

In 2023, Lesotho imported $203M in Refined Petroleum, mainly from South Africa ($197M), United Arab Emirates ($3.49M), India ($1.62M), Bahrain ($684k), and Switzerland ($228k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Lesotho WERE (2022 - 2023):
Moldova-$172k (-100%)
South Africa-$8.2k (-47.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lesotho' main exporting competitors in Refined Petroleum were:
In 2023, Lesotho' main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Africa+ $49.8k
TOP IMPORT POTENTIALIndia+ $6.78k

Refined Petroleum’s highest export potential is South Africa. With an export gap of $49.8k.   Refined Petroleum’s highest import potential is India with an import gap of $6.78k.

See methodology.

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