Switzerland (CHE) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

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Switzerland-Lesotho Trade: In 2023, Switzerland exported $695k to Lesotho. The main products that Switzerland exported to Lesotho were Knitting Machine Accessories ($250k), Refined Petroleum ($228k), and Electrical Transformers ($109k). Over the past 5 years the exports of Switzerland to Lesotho have increased at an annualized rate of 16.9%, from $319k in 2018 to $695k in 2023.

In 2023, Switzerland did not export any services to Lesotho.

Lesotho-Switzerland Trade: In 2023, Lesotho exported $90.3k to Switzerland. The main products that Lesotho exported to Switzerland were Dried Fruits ($45k), Low-voltage Protection Equipment ($22.1k), and Perfume Plants ($11k). Over the past 5 years the exports of Lesotho to Switzerland have decreased at an annualized rate of 43.5%, from $1.57M in 2018 to $90.3k in 2023.

In 2023, Lesotho did not export any services to Switzerland.

Comparison In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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

In 2023, Switzerland exported $695k to Lesotho. The main products exported from Switzerland to Lesotho were Knitting Machine Accessories ($250k), Refined Petroleum ($228k), and Electrical Transformers ($109k). During the last 5 years the exports of Switzerland to Lesotho have increased at an annualized rate of 16.9%, from $319k in 2018 to $695k in 2023.

In 2018, Lesotho exported $90.3k to Switzerland. The main products exported from Lesotho to Switzerland were Dried Fruits ($45k), Low-voltage Protection Equipment ($22.1k), and Perfume Plants ($11k). During the last 5 years the exports of Lesotho to Switzerland have decreased at an annualized rate of 43.5%, from $1.57M in 2023 to $90.3k in 2018.

Exports from Switzerland () to Lesotho () (2023)

Exports from Lesotho () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Lesotho ()

Switzerland Exports

Date

Lesotho Exports

Date

Aug 2020

Jun 2020

May 2020

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Switzerland than Lesotho included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Lesotho than Switzerland included Eswatini ($7.34M).

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

Comparative Advantage Switzerland - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Lesotho in the exports of Machines ($375k), Mineral Products ($228k), and Textiles ($61.4k).

During 2018, Lesotho had a large net trade with Switzerland in the exports of Vegetable Products ($56.1k), Machines ($31.9k), and Textiles ($1.73k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Lesotho+$49.7kCars

Top Product Potential Lesotho Switzerland+$3.45MDiamonds

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Lesotho () (2023)

Exports from Lesotho () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Lesotho ()

Switzerland Exports

Lesotho Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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