Lesotho (LSO) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Lesotho-New Zealand Trade: In 2022, Lesotho exported $1.62M to New Zealand. The main products that Lesotho exported to New Zealand were Essential Oils ($1.25M), Other Pure Vegetable Oils ($300k), and Knit Men's Shirts ($29.7k). Over the past 5 years the exports of Lesotho to New Zealand have increased at an annualized rate of 1.87%, from $1.47M in 2017 to $1.62M in 2022.

In 2022, Lesotho did not export any services to New Zealand.

New Zealand-Lesotho Trade: In 2022, New Zealand exported $1.71k to Lesotho. The main products that New Zealand exported to Lesotho were N/A. Over the past 5 years the exports of New Zealand to Lesotho have increased at an annualized rate of 110%, from $42 in 2017 to $1.71k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $1.62M to New Zealand. The main products exported from Lesotho to New Zealand were Essential Oils ($1.25M), Other Pure Vegetable Oils ($300k), and Knit Men's Shirts ($29.7k). During the last 5 years the exports of Lesotho to New Zealand have increased at an annualized rate of 1.87%, from $1.47M in 2017 to $1.62M in 2022.

In 2014, New Zealand exported $1.71k to Lesotho. There were not main exports from New Zealand to Lesotho in 2014. During the last 5 years the exports of New Zealand to Lesotho have increased at an annualized rate of 110%, from $42 in 2019 to $1.71k in 2014.

Exports from Lesotho () to New Zealand () (2022)

Exports from New Zealand () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and New Zealand ()

Lesotho Exports

Date

Oct 2020

Jan 2020

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Lesotho than New Zealand included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

In 2022, countries that imported more from New Zealand than Lesotho included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Lesotho () (2022)

Comparative Advantage Lesotho - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with New Zealand in the exports of Chemical Products ($1.25M), Animal and Vegetable Bi-Products ($300k), and Textiles ($50.8k).

During 2014, New Zealand had a large net trade with Lesotho in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho New Zealand+$52.9kKnit Men's Shirts

Top Product Potential New Zealand Lesotho+$1.44kConcentrated Milk

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to New Zealand () (2022)

Exports from New Zealand () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and New Zealand ()

Lesotho Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Lesotho () (2022)

Comparative Advantage Lesotho - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Lesotho () and New Zealand () (2022)

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