Lesotho (LSO) and Honduras (HND) Trade | The Observatory of Economic Complexity

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Lesotho-Honduras Trade: In 2023, Lesotho exported $3.01k to Honduras. The main products that Lesotho exported to Honduras were Non-Knit Men's Suits ($2.98k) and Non-Knit Men's Shirts ($29). Over the past 6 years the exports of Lesotho to Honduras have decreased at an annualized rate of 24.5%, from $16.3k in 2017 to $3.01k in 2023.

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

Honduras-Lesotho In N/A, Honduras did not export any products to Lesotho.

In 2023, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $3.01k to Honduras. The main products exported from Lesotho to Honduras were Non-Knit Men's Suits ($2.98k) and Non-Knit Men's Shirts ($29). During the last 6 years the exports of Lesotho to Honduras have decreased at an annualized rate of 24.5%, from $16.3k in 2017 to $3.01k in 2023.

Honduras does not register exports to Lesotho.

Exports from Lesotho () to Honduras () (2023)

Exports from Honduras () to Lesotho () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Honduras
Top DestinationUnited States$5.87B

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

In 2023, countries that imported more from Lesotho than Honduras included South Africa ($351M), Belgium ($295M), and United Arab Emirates ($95.4M).

In 2023, countries that imported more from Honduras than Lesotho included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

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

Comparative Advantage Lesotho - Honduras

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Honduras in the exports of Textiles ($3.01k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Honduras+$1.92kKnit T-shirts

Top Product Potential Honduras Lesotho+$1.39kKnit T-shirts

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

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Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Honduras () (2023)

Exports from Honduras () to Lesotho () (2023)

Market Competitiveness

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

Comparative Advantage Lesotho - Honduras

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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