Lesotho (LSO) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Lesotho-Austria Trade: In 2023, Lesotho exported $67.9k to Austria. The main products that Lesotho exported to Austria were Low-voltage Protection Equipment ($54.5k), Knit T-shirts ($6.22k), and Knit Women's Suits ($2.6k). Over the past 5 years the exports of Lesotho to Austria have increased at an annualized rate of 47.4%, from $9.76k in 2018 to $67.9k in 2023.

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

Austria-Lesotho Trade: In 2023, Austria exported $1.14M to Lesotho. The main products that Austria exported to Lesotho were Chemical Analysis Instruments ($366k), Iron Structures ($235k), and Surveying Equipment ($99.7k). Over the past 5 years the exports of Austria to Lesotho have increased at an annualized rate of 29.2%, from $316k in 2018 to $1.14M in 2023.

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

Comparison In 2023, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $67.9k to Austria. The main products exported from Lesotho to Austria were Low-voltage Protection Equipment ($54.5k), Knit T-shirts ($6.22k), and Knit Women's Suits ($2.6k). During the last 5 years the exports of Lesotho to Austria have increased at an annualized rate of 47.4%, from $9.76k in 2018 to $67.9k in 2023.

In 2018, Austria exported $1.14M to Lesotho. The main products exported from Austria to Lesotho were Chemical Analysis Instruments ($366k), Iron Structures ($235k), and Surveying Equipment ($99.7k). During the last 5 years the exports of Austria to Lesotho have increased at an annualized rate of 29.2%, from $316k in 2023 to $1.14M in 2018.

Exports from Lesotho () to Austria () (2023)

Exports from Austria () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Austria ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Austria
Top DestinationGermany$51B

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

In 2023, no countries were registered that imported more from Lesotho than from Austria.

In 2023, countries that imported more from Austria than Lesotho included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

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

Comparative Advantage Lesotho - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Austria in the exports of Machines ($54.5k), Textiles ($13.3k), and Chemical Products ($117).

During 2018, Austria had a large net trade with Lesotho in the exports of Instruments ($474k), Machines ($305k), and Metals ($241k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Austria+$7.94kKnit Sweaters

Top Product Potential Austria Lesotho+$26.8kElectrical Transformers

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Austria () (2023)

Exports from Austria () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Austria ()

Austria Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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