Lesotho (LSO) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Lesotho-Germany Trade: In 2023, Lesotho exported $7.11M to Germany. The main products that Lesotho exported to Germany were Tea ($1.47M), Perfume Plants ($1.43M), and Dried Fruits ($1.35M). Over the past 5 years the exports of Lesotho to Germany have increased at an annualized rate of 0.58%, from $6.9M in 2018 to $7.11M in 2023.

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

Germany-Lesotho Trade: In 2023, Germany exported $5.16M to Lesotho. The main products that Germany exported to Lesotho were Cars ($1.77M), Documents of title (bonds etc) and unused stamps ($1.51M), and Knitting Machine Accessories ($503k). Over the past 5 years the exports of Germany to Lesotho have decreased at an annualized rate of 8.11%, from $9.32M in 2018 to $5.16M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $7.11M to Germany. The main products exported from Lesotho to Germany were Tea ($1.47M), Perfume Plants ($1.43M), and Dried Fruits ($1.35M). During the last 5 years the exports of Lesotho to Germany have increased at an annualized rate of 0.58%, from $6.9M in 2018 to $7.11M in 2023.

In 2018, Germany exported $5.16M to Lesotho. The main products exported from Germany to Lesotho were Cars ($1.77M), Documents of title (bonds etc) and unused stamps ($1.51M), and Knitting Machine Accessories ($503k). During the last 5 years the exports of Germany to Lesotho have decreased at an annualized rate of 8.11%, from $9.32M in 2023 to $5.16M in 2018.

Exports from Lesotho () to Germany () (2023)

Exports from Germany () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Germany ()

Lesotho Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Germany
Top DestinationUnited States$157B

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

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

In 2023, countries that imported more from Germany than Lesotho included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Lesotho - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Germany in the exports of Vegetable Products ($5.54M), Textiles ($1.26M), and Machines ($293k).

During 2018, Germany had a large net trade with Lesotho in the exports of Transportation ($1.78M), Paper Goods ($1.52M), and Machines ($877k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Germany+$1.07MLow-voltage Protection Equipment

Top Product Potential Germany Lesotho+$116kOther Measuring Instruments

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Germany () (2023)

Exports from Germany () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Germany ()

Lesotho Exports

Germany Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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