Benin (BEN) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

Benin-Lesotho Trade: In 2021, Benin exported $65.1k to Lesotho. The main products that Benin exported to Lesotho were N/A. Over the past 17 years the exports of Benin to Lesotho have decreased at an annualized rate of 11.3%, from $502k in 2004 to $65.1k in 2021.

In 2021, Benin did not export any services to Lesotho.

Lesotho-Benin In N/A, Lesotho did not export any products to Benin.

In 2021, Lesotho did not export any services to Benin.

Comparison In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Benin than Lesotho included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Lesotho than Benin included South Africa ($434M), United States ($327M), and Belgium ($219M).

Difference in imports from Lesotho () and Benin () (2022)

Potential Exports

Depth

Section

HS2

HS4

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Top 20

Top 15

Top 10

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Highest Potential

Most Saturated

Section

Top Product Potential Benin Lesotho+$1.47kRefined Petroleum

Top Product Potential Lesotho Benin+$1.27kKnit Women's Suits

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

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Historical Data

Market Competitiveness

Difference in imports from Lesotho () and Benin () (2022)

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Benin () and Lesotho () (NaN)

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