Lesotho (LSO) and India (IND) Trade | The Observatory of Economic Complexity

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Lesotho-India Trade: In 2023, Lesotho exported $86.3M to India. The main products that Lesotho exported to India were Diamonds ($85.8M), Wool ($140k), and Light Pure Woven Cotton ($117k). Over the past 5 years the exports of Lesotho to India have increased at an annualized rate of 27.6%, from $25.5M in 2018 to $86.3M in 2023.

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

India-Lesotho Trade: In 2023, India exported $17.2M to Lesotho. The main products that India exported to Lesotho were Packaged Medicaments ($7.14M), Plastic Coated Textile Fabric ($2.97M), and Synthetic Filament Yarn Woven Fabric ($1.81M). Over the past 5 years the exports of India to Lesotho have decreased at an annualized rate of 7.51%, from $37.5M in 2018 to $17.2M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $86.3M to India. The main products exported from Lesotho to India were Diamonds ($85.8M), Wool ($140k), and Light Pure Woven Cotton ($117k). During the last 5 years the exports of Lesotho to India have increased at an annualized rate of 27.6%, from $25.5M in 2018 to $86.3M in 2023.

In 2018, India exported $17.2M to Lesotho. The main products exported from India to Lesotho were Packaged Medicaments ($7.14M), Plastic Coated Textile Fabric ($2.97M), and Synthetic Filament Yarn Woven Fabric ($1.81M). During the last 5 years the exports of India to Lesotho have decreased at an annualized rate of 7.51%, from $37.5M in 2023 to $17.2M in 2018.

Exports from Lesotho () to India () (2023)

Exports from India () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and India ()

Lesotho Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

India
Top DestinationUnited States$85.5B

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

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

In 2023, countries that imported more from India than Lesotho included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Lesotho - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with India in the exports of Precious Metals ($85.8M), Textiles ($383k), and Vegetable Products ($101k).

During 2018, India had a large net trade with Lesotho in the exports of Chemical Products ($7.97M), Textiles ($6.36M), and Mineral Products ($1.62M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho India+$9.67kDiamonds

Top Product Potential India Lesotho+$1.37MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to India () (2023)

Exports from India () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and India ()

Lesotho Exports

India Exports

Market Competitiveness

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

Comparative Advantage Lesotho - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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