Armenia (ARM) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

About

In N/A, Armenia did not export any services to Lesotho.

Lesotho-Armenia Trade: In N/A, Lesotho exported $171 to Armenia. The main products that Lesotho exported to Armenia were Non-Knit Women's Suits ($136), Non-Knit Men's Suits ($16), and Other Knit Garments ($9). Over the past N/A years the exports of Lesotho to Armenia have decreased at an annualized rate of 20%, from $4.88k in N/A to $171 in N/A.

In N/A, Lesotho did not export any services to Armenia.

Comparison In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Armenia does not register exports to Lesotho.

In 2018, Lesotho exported $171 to Armenia. The main products exported from Lesotho to Armenia were Non-Knit Women's Suits ($136), Non-Knit Men's Suits ($16), and Other Knit Garments ($9). During the last 5 years the exports of Lesotho to Armenia have decreased at an annualized rate of 20%, from $4.88k in 2023 to $171 in 2018.

Exports from Armenia () to Lesotho () (2023)

Exports from Lesotho () to Armenia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Armenia than Lesotho included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Lesotho than Armenia included South Africa ($351M), Belgium ($295M), and United States ($228M).

Difference in imports from Lesotho () and Armenia () (2023)

Comparative Advantage Armenia - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Lesotho had a large net trade with Armenia in the exports of Textiles ($171).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Lesotho+$1.18kRolled Tobacco

Top Product Potential Lesotho Armenia+$12.7kLow-voltage Protection Equipment

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Lesotho () (2023)

Exports from Lesotho () to Armenia () (2023)

Market Competitiveness

Difference in imports from Lesotho () and Armenia () (2023)

Comparative Advantage Armenia - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Lesotho () (2023)

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