Lesotho (LSO) and Russia (RUS) Trade | The Observatory of Economic Complexity

About

Lesotho-Russia Trade: In 2021, Lesotho exported $44.7k to Russia. The main products that Lesotho exported to Russia were N/A. Over the past 5 years the exports of Lesotho to Russia have increased at an annualized rate of 50.7%, from $5.75k in 2016 to $44.7k in 2021.

In 2021, Lesotho did not export any services to Russia.

Russia-Lesotho Trade: In 2021, Russia exported $46.8k to Lesotho. The main products that Russia exported to Lesotho were Integrated Circuits ($5). Over the past 5 years the exports of Russia to Lesotho have decreased at an annualized rate of 40.6%, from $631k in 2016 to $46.8k in 2021.

In 2019, Russia exported services to Lesotho worth $8k, with Communications services ($8k) being the largest in terms of value.

Comparison In 2022, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Lesotho exported $44.7k to Russia. There were not main exports from Lesotho to Russia in 2021. During the last 5 years the exports of Lesotho to Russia have increased at an annualized rate of 50.7%, from $5.75k in 2016 to $44.7k in 2021.

In 2016, Russia exported $46.8k to Lesotho. The main products exported from Russia to Lesotho were Integrated Circuits ($5). During the last 12 years the exports of Russia to Lesotho have decreased at an annualized rate of 40.6%, from $631k in 2004 to $46.8k in 2016.

Exports from Lesotho () to Russia () (2022)

Exports from Russia () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Lesotho than Russia included Eswatini ($11.3M), Ghana ($15.7k), and Zambia ($11.8k).

In 2022, countries that imported more from Russia than Lesotho included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Lesotho - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Lesotho had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Lesotho in the exports of Machines ($5).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Russia+$3.68kDiamonds

Top Product Potential Russia Lesotho+$4.67kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

Rus Year

In 2019, Russia exported services to Lesotho worth $8k, with Communications services ($8k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Lesotho () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Lesotho and Russia. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Lesotho.

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Russia () (2022)

Exports from Russia () to Lesotho () (2022)

Latest Data

Trade between Lesotho () and Russia ()

Russia Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Russia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Services Exports from Russia () to Lesotho () (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Keep Exploring