Lesotho (LSO) and Botswana (BWA) Trade | The Observatory of Economic Complexity

About

Lesotho-Botswana Trade: In 2023, Lesotho exported $1.49M to Botswana. The main products that Lesotho exported to Botswana were Prepared Cotton ($815k), Non-Retail Pure Cotton Yarn ($452k), and Low-voltage Protection Equipment ($51.7k). Over the past 5 years the exports of Lesotho to Botswana have decreased at an annualized rate of 5.23%, from $1.95M in 2018 to $1.49M in 2023.

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

Botswana-Lesotho Trade: In 2023, Botswana exported $1.29M to Lesotho. The main products that Botswana exported to Lesotho were Large Construction Vehicles ($773k), Motor vehicles; parts and accessories (8701 to 8705) ($98.8k), and Batteries ($54.8k). Over the past 5 years the exports of Botswana to Lesotho have increased at an annualized rate of 12.8%, from $628k in 2018 to $1.29M in 2023.

In 2023, Botswana 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, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $1.49M to Botswana. The main products exported from Lesotho to Botswana were Prepared Cotton ($815k), Non-Retail Pure Cotton Yarn ($452k), and Low-voltage Protection Equipment ($51.7k). During the last 5 years the exports of Lesotho to Botswana have decreased at an annualized rate of 5.23%, from $1.95M in 2018 to $1.49M in 2023.

In 2018, Botswana exported $1.29M to Lesotho. The main products exported from Botswana to Lesotho were Large Construction Vehicles ($773k), Motor vehicles; parts and accessories (8701 to 8705) ($98.8k), and Batteries ($54.8k). During the last 5 years the exports of Botswana to Lesotho have increased at an annualized rate of 12.8%, from $628k in 2023 to $1.29M in 2018.

Exports from Lesotho () to Botswana () (2023)

Exports from Botswana () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Botswana ()

Lesotho Exports

Date

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Botswana
Top DestinationUnited Arab Emirates$1.81B

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

In 2023, countries that imported more from Lesotho than Botswana included Eswatini ($7.34M), Canada ($8.08M), and Egypt ($2.58M).

In 2023, countries that imported more from Botswana than Lesotho included United Arab Emirates ($1.81B), India ($1.15B), and Belgium ($1.08B).

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

Comparative Advantage Lesotho - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Botswana in the exports of Textiles ($1.28M), Machines ($119k), and Transportation ($38.3k).

During 2018, Botswana had a large net trade with Lesotho in the exports of Machines ($909k), Transportation ($193k), and Miscellaneous ($36.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Botswana+$13.4kNon-Knit Women's Suits

Top Product Potential Botswana Lesotho+$37.6kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Botswana () (2023)

Exports from Botswana () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Botswana ()

Lesotho Exports

Botswana Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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