Lesotho (LSO) and Oman (OMN) Trade | The Observatory of Economic Complexity

About

In N/A, Lesotho did not export any services to Oman.

Oman-Lesotho Trade: In N/A, Oman exported $94.3k to Lesotho. The main products that Oman exported to Lesotho were Refined Petroleum ($94.3k). Over the past N/A years the exports of Oman to Lesotho have increased at an annualized rate of 262%, from $151 in N/A to $94.3k in N/A.

In N/A, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Lesotho does not register exports to Oman. The main products exported from Lesotho to Oman were Knit Men's Shirts ($1.03k).

In 2018, Oman exported $94.3k to Lesotho. The main products exported from Oman to Lesotho were Refined Petroleum ($94.3k). During the last 5 years the exports of Oman to Lesotho have increased at an annualized rate of 262%, from $151 in 2023 to $94.3k in 2018.

Exports from Lesotho () to Oman () (2023)

Exports from Oman () to Lesotho () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Lesotho than Oman included Belgium ($295M), Eswatini ($7.34M), and Botswana ($1.49M).

In 2023, countries that imported more from Oman than Lesotho included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Lesotho - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Oman had a large net trade with Lesotho in the exports of Mineral Products ($94.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Oman+$1.63kLow-voltage Protection Equipment

Top Product Potential Oman Lesotho+$2.79kRefined 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 Oman. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Oman () (2023)

Exports from Oman () to Lesotho () (2023)

Market Competitiveness

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

Comparative Advantage Lesotho - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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