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

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Lesotho-Austria Trade: In 2022, Lesotho exported $811 to Austria. The main products that Lesotho exported to Austria were Knit Sweaters ($377), Knit Women's Suits ($157), and Knit Men's Shirts ($136). Over the past 5 years the exports of Lesotho to Austria have decreased at an annualized rate of 42.4%, from $12.8k in 2017 to $811 in 2022.

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

Austria-Lesotho Trade: In 2022, Austria exported $279k to Lesotho. The main products that Austria exported to Lesotho were Packaged Medicaments ($103k), Used Rubber Tires ($18k), and Other Heating Machinery ($14.4k). Over the past 5 years the exports of Austria to Lesotho have increased at an annualized rate of 32.4%, from $68.4k in 2017 to $279k in 2022.

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

Comparison In 2022, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $811 to Austria. The main products exported from Lesotho to Austria were Knit Sweaters ($377), Knit Women's Suits ($157), and Knit Men's Shirts ($136). During the last 5 years the exports of Lesotho to Austria have decreased at an annualized rate of 42.4%, from $12.8k in 2017 to $811 in 2022.

In 2017, Austria exported $279k to Lesotho. The main products exported from Austria to Lesotho were Packaged Medicaments ($103k), Used Rubber Tires ($18k), and Other Heating Machinery ($14.4k). During the last 5 years the exports of Austria to Lesotho have increased at an annualized rate of 32.4%, from $68.4k in 2022 to $279k in 2017.

Exports from Lesotho () to Austria () (2022)

Exports from Austria () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Austria ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Austria than Lesotho included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

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 2022, Lesotho had a large net trade with Austria in the exports of Textiles ($807), Chemical Products ($3), and Machines ($1).

During 2017, Austria had a large net trade with Lesotho in the exports of Chemical Products ($134k), Machines ($54.6k), and Instruments ($43.9k).

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 () (2022)

Exports from Austria () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Austria ()

Austria Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lesotho () and Austria () (2022)

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