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GDP
$2.55BCURRENT US$
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GDP GROWTH
3.06%CURRENT US$
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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GDP PC 
$1,107CURRENT US$
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GDP PC GROWTH
-8.17%CURRENT US$
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$33,815CURRENT US$
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Lesotho-Japan Trade: In 2022, Lesotho exported $776k to Japan. The main products that Lesotho exported to Japan were Non-fillet Frozen Fish ($557k), Low-voltage Protection Equipment ($134k), and Non-Knit Men's Suits ($32.7k). Over the past 5 years the exports of Lesotho to Japan have decreased at an annualized rate of 1.81%, from $850k in 2017 to $776k in 2022.

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

Japan-Lesotho Trade: In 2022, Japan exported $6.28M to Lesotho. The main products that Japan exported to Lesotho were Cars ($3.88M), Laboratory Reagents ($611k), and Delivery Trucks ($540k). Over the past 5 years the exports of Japan to Lesotho have increased at an annualized rate of 0.057%,  from $6.26M in 2017 to $6.28M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $776k to Japan. The main products exported from Lesotho to Japan were Non-fillet Frozen Fish ($557k), Low-voltage Protection Equipment ($134k), and Non-Knit Men's Suits ($32.7k). During the last 5 years the exports of Lesotho to Japan have decreased at an annualized rate of 1.81%, from $850k in 2017 to $776k in 2022.

In 2017, Japan exported $6.28M to Lesotho. The main products exported from Japan to Lesotho were Cars ($3.88M), Laboratory Reagents ($611k), and Delivery Trucks ($540k). During the last 5 years the exports of Japan to Lesotho have increased at an annualized rate of 0.057%, from $6.26M in 2022 to $6.28M in 2017.

Exports from Lesotho (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Lesotho (Flag) (2022)

Latest Data

Trade between Lesotho (Flag) and Japan (Flag)

Lesotho Exports

Japan Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Japan
Top Destination
United States$137B

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

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

In 2022, countries that imported more from Japan than Lesotho included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - Japan

Flow
Scale

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

During 2022, Lesotho had a large net trade with Japan in the exports of Animal Products ($557k), Machines ($140k), and Textiles ($59.2k).

During 2017, Japan had a large net trade with Lesotho in the exports of Transportation ($4.61M), Chemical Products ($649k), and Machines ($509k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Japan+$501kNon-fillet Frozen Fish
Top Product Potential Japan Lesotho+$1.96MCars

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

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

Product Space of Lesotho (Flag) and Japan (Flag) (2022)

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