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Exports In 2023, Lesotho exported $62.8M in Wool, making it the 4th largest exporter of Wool in the world. At the same year, Wool was the 3rd most exported product in Lesotho. The main destination of Wool exports from Lesotho are: South Africa ($38.3M), China ($24.1M), Uruguay ($215k), and India ($140k).

The fastest growing export markets for Wool of Lesotho between 2022 and 2023 were China ($7.41M), South Africa ($1.85M), and Uruguay ($215k).

Imports In 2023, Lesotho imported $108k in Wool, becoming the 70th largest importer of Wool in the world. At the same year, Wool was the 547th most imported product in Lesotho. Lesotho imports Wool primarily from: South Africa ($107k) and China ($841).

The fastest growing import markets in Wool for Lesotho between 2022 and 2023 were China ($339).

Latest Trends

Jan 2025

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 Wool. 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)$62.8M
IMPORTS (2023)$108k
NET TRADE (2023)$62.6M

In 2023, Lesotho exported $62.8M in Wool. The main destinations of Lesotho exports on Wool were South Africa ($38.3M), China ($24.1M), Uruguay ($215k), and India ($140k).

In 2023, Lesotho imported $108k in Wool, mainly from South Africa ($107k) and China ($841).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Lesotho WERE (2022 - 2023):
China$7.41M (44.3%)
South Africa$1.85M (5.07%)
Uruguay$215k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lesotho' main exporting competitors in Wool were:
In 2023, Lesotho' main importing competitors in Wool were:
China $2.02B
India $255M
Italy $209M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $4.91M
TOP IMPORT POTENTIALSouth Africa+ $26.3k

Wool’s highest export potential is China. With an export gap of $4.91M.   Wool’s highest import potential is South Africa with an import gap of $26.3k.

See methodology.

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