Lesotho (LSO) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

Lesotho-Canada Trade: In 2022, Lesotho exported $8.13M to Canada. The main products that Lesotho exported to Canada were Non-Knit Men's Suits ($2.13M), Knit Men's Shirts ($1.59M), and Knit T-shirts ($1.51M). Over the past 5 years the exports of Lesotho to Canada have increased at an annualized rate of 4.44%, from $6.54M in 2017 to $8.13M in 2022.

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

Canada-Lesotho Trade: In 2022, Canada exported $1.89M to Lesotho. The main products that Canada exported to Lesotho were Gas Turbines ($1.57M), Dried Legumes ($115k), and Cars ($79.5k). Over the past 5 years the exports of Canada to Lesotho have increased at an annualized rate of 52.3%, from $231k in 2017 to $1.89M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $8.13M to Canada. The main products exported from Lesotho to Canada were Non-Knit Men's Suits ($2.13M), Knit Men's Shirts ($1.59M), and Knit T-shirts ($1.51M). During the last 5 years the exports of Lesotho to Canada have increased at an annualized rate of 4.44%, from $6.54M in 2017 to $8.13M in 2022.

In 2017, Canada exported $1.89M to Lesotho. The main products exported from Canada to Lesotho were Gas Turbines ($1.57M), Dried Legumes ($115k), and Cars ($79.5k). During the last 5 years the exports of Canada to Lesotho have increased at an annualized rate of 52.3%, from $231k in 2022 to $1.89M in 2017.

Exports from Lesotho () to Canada () (2022)

Exports from Canada () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Canada ()

Lesotho Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Lesotho than Canada included South Africa ($434M) and Eswatini ($11.3M).

In 2022, countries that imported more from Canada than Lesotho included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Lesotho - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Canada in the exports of Textiles ($7.5M), Machines ($598k), and Chemical Products ($20.6k).

During 2017, Canada had a large net trade with Lesotho in the exports of Machines ($1.57M), Vegetable Products ($119k), and Transportation ($116k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Canada+$2.66MNon-Knit Men's Suits

Top Product Potential Canada Lesotho+$186kCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Lesotho and Canada. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Canada () (2022)

Exports from Canada () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Canada ()

Lesotho Exports

Canada Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Canada

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring