Lesotho (LSO) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Lesotho-Portugal Trade: In 2023, Lesotho exported $308 to Portugal. The main products that Lesotho exported to Portugal were Paintings ($243), Integrated Circuits ($51), and Low-voltage Protection Equipment ($14). Over the past 10 years the exports of Lesotho to Portugal have increased at an annualized rate of 10.4%, from $114 in 2013 to $308 in 2023.

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

Portugal-Lesotho Trade: In 2023, Portugal exported $390 to Lesotho. The main products that Portugal exported to Lesotho were Knit Sweaters ($187), Leather Footwear ($151), and Knit T-shirts ($52). Over the past 10 years the exports of Portugal to Lesotho have decreased at an annualized rate of 56.3%, from $24.5k in 2013 to $390 in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $308 to Portugal. The main products exported from Lesotho to Portugal were Paintings ($243), Integrated Circuits ($51), and Low-voltage Protection Equipment ($14). During the last 10 years the exports of Lesotho to Portugal have increased at an annualized rate of 10.4%, from $114 in 2013 to $308 in 2023.

In 2018, Portugal exported $390 to Lesotho. The main products exported from Portugal to Lesotho were Knit Sweaters ($187), Leather Footwear ($151), and Knit T-shirts ($52). During the last 5 years the exports of Portugal to Lesotho have decreased at an annualized rate of 56.3%, from $24.5k in 2023 to $390 in 2018.

Exports from Lesotho () to Portugal () (2023)

Exports from Portugal () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Portugal ()

Lesotho Exports

Date

Oct 2020

Aug 2020

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Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Lesotho included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Lesotho - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Portugal in the exports of Arts and Antiques ($243) and Machines ($65).

During 2018, Portugal had a large net trade with Lesotho in the exports of Textiles ($239) and Footwear and Headwear ($151).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Portugal+$3.35kKnit Women's Suits

Top Product Potential Portugal Lesotho+$12.5kKnit T-shirts

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Portugal () (2023)

Exports from Portugal () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Portugal ()

Lesotho Exports

Portugal Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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