Lesotho (LSO) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Lesotho-Bolivia Trade: In 2023, Lesotho exported $17.8k to Bolivia. The main products that Lesotho exported to Bolivia were Low-voltage Protection Equipment ($14.2k), Office Machine Parts ($1.4k), and Optical Fibers and optical fibre bundles ($479). Over the past 5 years the exports of Lesotho to Bolivia have increased at an annualized rate of 134%, from $251 in 2018 to $17.8k in 2023.

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

Bolivia-Lesotho In false, Bolivia did not export any products to Lesotho.

In 2023, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $17.8k to Bolivia. The main products exported from Lesotho to Bolivia were Low-voltage Protection Equipment ($14.2k), Office Machine Parts ($1.4k), and Optical Fibers and optical fibre bundles ($479). During the last 5 years the exports of Lesotho to Bolivia have increased at an annualized rate of 134%, from $251 in 2018 to $17.8k in 2023.

Bolivia does not register exports to Lesotho.

Exports from Lesotho () to Bolivia () (2023)

Exports from Bolivia () to Lesotho () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Lesotho than Bolivia included South Africa ($351M), Belgium ($295M), and Singapore ($8.07M).

In 2023, countries that imported more from Bolivia than Lesotho included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

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

Comparative Advantage Lesotho - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Bolivia in the exports of Machines ($16.3k), Instruments ($1.24k), and Plastics and Rubbers ($128).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Bolivia+$9.35kLow-voltage Protection Equipment

Top Product Potential Bolivia Lesotho+$1.84kPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Bolivia () (2023)

Exports from Bolivia () to Lesotho () (2023)

Market Competitiveness

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

Comparative Advantage Lesotho - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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