Lesotho (LSO) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Lesotho-Philippines Trade: In 2023, Lesotho exported $20.6k to Philippines. The main products that Lesotho exported to Philippines were Other Plastic Products ($20.4k), Hair Trimmers ($71), and Knit T-shirts ($62). Over the past 5 years the exports of Lesotho to Philippines have decreased at an annualized rate of 31.4%, from $136k in 2018 to $20.6k in 2023.

In 2023, Lesotho did not export any services to Philippines.

Philippines-Lesotho Trade: In 2023, Philippines exported $24.2k to Lesotho. The main products that Philippines exported to Lesotho were Knitting Machine Accessories ($22.6k), Industrial Printers ($526), and Computers ($310). Over the past 5 years the exports of Philippines to Lesotho have increased at an annualized rate of 1.29%, from $22.4k in 2018 to $24.2k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $20.6k to Philippines. The main products exported from Lesotho to Philippines were Other Plastic Products ($20.4k), Hair Trimmers ($71), and Knit T-shirts ($62). During the last 5 years the exports of Lesotho to Philippines have decreased at an annualized rate of 31.4%, from $136k in 2018 to $20.6k in 2023.

In 2018, Philippines exported $24.2k to Lesotho. The main products exported from Philippines to Lesotho were Knitting Machine Accessories ($22.6k), Industrial Printers ($526), and Computers ($310). During the last 5 years the exports of Philippines to Lesotho have increased at an annualized rate of 1.29%, from $22.4k in 2023 to $24.2k in 2018.

Exports from Lesotho () to Philippines () (2023)

Exports from Philippines () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Philippines ()

Lesotho Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Lesotho than Philippines included South Africa ($351M), Belgium ($295M), and Eswatini ($7.34M).

In 2023, countries that imported more from Philippines than Lesotho included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Lesotho - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Philippines in the exports of Plastics and Rubbers ($20.4k), Machines ($71), and Textiles ($62).

During 2018, Philippines had a large net trade with Lesotho in the exports of Machines ($23.5k), Textiles ($293), and Foodstuffs ($220).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Philippines+$3.13kKnit Women's Suits

Top Product Potential Philippines Lesotho+$2.11kComputers

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Philippines () (2023)

Exports from Philippines () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Philippines ()

Lesotho Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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