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2022
Flag → Flag
Exports $6.28MRnk 185 / 211
2022
Flag → Flag
Top Product $3.88MCars
2022
Flag → Flag
Exports $776kRnk 17 / 107
2022
Flag → Flag
Top Product $557kNon-fillet Frozen Fish
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
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GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$1,107CURRENT US$
Rnk 164 / 186
2012-2022
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GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186

About

Japan-Lesotho Trade: In 2022, Japan exported $6.28M to Lesotho. The main products that Japan exported to Lesotho were Cars ($3.88M), Laboratory Reagents ($611k), and Delivery Trucks ($540k). Over the past 5 years the exports of Japan to Lesotho have increased at an annualized rate of 0.08%, from $6.26M in 2017 to $6.28M in 2022.

In 2022, Japan did not export any services to Lesotho.

Lesotho-Japan Trade: In 2022, Lesotho exported $776k to Japan. The main products that Lesotho exported to Japan were Non-fillet Frozen Fish ($557k), Low-voltage Protection Equipment ($134k), and Non-Knit Men's Suits ($32.7k). Over the past 5 years the exports of Lesotho to Japan have decreased at an annualized rate of 1.81%,  from $850k in 2017 to $776k in 2022.

In 2022, Lesotho did not export any services to Japan.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥108M and imported ¥623k from Lesotho, resulting in a positive trade balance of ¥108M. Between July 2023 and July 2024 the exports of Japan have increased by ¥19.2M (21.6%) from ¥89M to ¥108M, while imports decreased by ¥-799k (-56.2%) from ¥1.42M to ¥623k.

Trade In July 2024, the top exports of Japan to Lesotho were Cars (¥31.7M), Commodities not elsewhere specified (¥23.7M), Raw Plastic Sheeting (¥11.2M), Buses (¥1.37M), and Delivery Trucks (¥1.27M). In July 2024 the top imports of Japan from Lesotho were .

Origins In July 2024 the exports of Japan were mainly from Aichi (¥70.2M), Kanagawa (¥31M), Hyōgo (¥4.25M), Chiba (¥1.47M), and Fukuoka (¥1.35M), while imports destinations were mainly Miyagi (¥338k) and Chiba (¥285k).

Growth In July 2024, the increase in Japan's year-by-year exports to Lesotho was explained primarily by an increase in product exports in Cars (¥12.1M or 61.6%) and Commodities not elsewhere specified (¥11.7M or 97.8%). In July 2024, the decrease in Japan's year-by-year imports  from Lesotho was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)¥19.2M(21.6%)
IMPORT GROWTH (July 2023 - July 2024)¥-799k(-56.2%)
MAIN EXPORTER (July 2024)Aichi¥70.2M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Lesotho and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Lesotho and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $6.28M to Lesotho. The main products exported from Japan to Lesotho were Cars ($3.88M), Laboratory Reagents ($611k), and Delivery Trucks ($540k). During the last 5 years the exports of Japan to Lesotho have increased at an annualized rate of 0.08%, from $6.26M in 2017 to $6.28M in 2022.

In 2017, Lesotho exported $776k to Japan. The main products exported from Lesotho to Japan were Non-fillet Frozen Fish ($557k), Low-voltage Protection Equipment ($134k), and Non-Knit Men's Suits ($32.7k). During the last 5 years the exports of Lesotho to Japan have decreased at an annualized rate of 1.81%, from $850k in 2022 to $776k in 2017.

Exports from Japan (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Japan than Lesotho included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Lesotho than Japan included Eswatini ($11.3M).

Difference in imports from Lesotho (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Lesotho

Flow
Scale

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

During 2022, Japan had a large net trade with Lesotho in the exports of Transportation ($4.61M), Chemical Products ($649k), and Machines ($509k).

During 2017, Lesotho had a large net trade with Japan in the exports of Animal Products ($557k), Machines ($140k), and Textiles ($59.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Lesotho+$1.96MCars
Top Product Potential Lesotho Japan+$501kNon-fillet Frozen Fish

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

Product Space of Japan (Flag) and Lesotho (Flag) (2022)

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