Lesotho (LSO) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Lesotho-Mexico Trade: In 2022, Lesotho exported $4.23M to Mexico. The main products that Lesotho exported to Mexico were Low-voltage Protection Equipment ($3.73M), Non-Knit Men's Suits ($158k), and Brooms ($131k). Over the past 5 years the exports of Lesotho to Mexico have increased at an annualized rate of 12.8%, from $2.32M in 2017 to $4.23M in 2022.

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

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

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $4.23M to Mexico. The main products exported from Lesotho to Mexico were Low-voltage Protection Equipment ($3.73M), Non-Knit Men's Suits ($158k), and Brooms ($131k). During the last 5 years the exports of Lesotho to Mexico have increased at an annualized rate of 12.8%, from $2.32M in 2017 to $4.23M in 2022.

Mexico does not register exports to Lesotho. The main products exported from Mexico to Lesotho were Machinery Having Individual Functions ($4.68k), Broadcasting Equipment ($3.42k), and X-Ray Equipment ($1.1k).

Exports from Lesotho () to Mexico () (2022)

Exports from Mexico () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Mexico ()

Lesotho Exports

Date

Mexico Exports

Date

Sep 2015

Oct 2013

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Lesotho than Mexico included Eswatini ($11.3M), Botswana ($3.11M), and Zimbabwe ($449k).

In 2022, countries that imported more from Mexico than Lesotho included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Lesotho - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Mexico in the exports of Machines ($3.73M), Textiles ($255k), and Miscellaneous ($131k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Mexico+$3.06MLow-voltage Protection Equipment

Top Product Potential Mexico Lesotho+$3.13kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Mexico () (2022)

Exports from Mexico () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Mexico ()

Lesotho Exports

Mexico Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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