Lesotho (LSO) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Lesotho-Ireland Trade: In 2022, Lesotho exported $74.4k to Ireland. The main products that Lesotho exported to Ireland were Low-voltage Protection Equipment ($36.3k), Knit T-shirts ($15k), and Knit Sweaters ($10.3k). Over the past 5 years the exports of Lesotho to Ireland have increased at an annualized rate of 19.5%, from $30.5k in 2017 to $74.4k in 2022.

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

Ireland-Lesotho Trade: In 2022, Ireland exported $182k to Lesotho. The main products that Ireland exported to Lesotho were Laboratory Reagents ($136k), Cars ($40.7k), and Office Machine Parts ($3.54k). Over the past 5 years the exports of Ireland to Lesotho have decreased at an annualized rate of 13.2%, from $369k in 2017 to $182k in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $74.4k to Ireland. The main products exported from Lesotho to Ireland were Low-voltage Protection Equipment ($36.3k), Knit T-shirts ($15k), and Knit Sweaters ($10.3k). During the last 5 years the exports of Lesotho to Ireland have increased at an annualized rate of 19.5%, from $30.5k in 2017 to $74.4k in 2022.

In 2017, Ireland exported $182k to Lesotho. The main products exported from Ireland to Lesotho were Laboratory Reagents ($136k), Cars ($40.7k), and Office Machine Parts ($3.54k). During the last 5 years the exports of Ireland to Lesotho have decreased at an annualized rate of 13.2%, from $369k in 2022 to $182k in 2017.

Exports from Lesotho () to Ireland () (2022)

Exports from Ireland () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Ireland ()

Lesotho Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Lesotho than Ireland included Eswatini ($11.3M).

In 2022, countries that imported more from Ireland than Lesotho included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Lesotho - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Ireland in the exports of Machines ($42.1k) and Textiles ($32.3k).

During 2017, Ireland had a large net trade with Lesotho in the exports of Chemical Products ($136k), Transportation ($40.7k), and Machines ($5.16k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Ireland+$113kLow-voltage Protection Equipment

Top Product Potential Ireland Lesotho+$7.85kOffice Machine Parts

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Ireland () (2022)

Exports from Ireland () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Ireland ()

Lesotho Exports

Ireland Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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