Lesotho (LSO) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Lesotho-Thailand Trade: In 2023, Lesotho exported $591k to Thailand. The main products that Lesotho exported to Thailand were Diamonds ($591k), Knit Men's Shirts ($431), and Low-voltage Protection Equipment ($340). Over the past 5 years the exports of Lesotho to Thailand have increased at an annualized rate of 79.8%, from $31.5k in 2018 to $591k in 2023.

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

Thailand-Lesotho Trade: In 2023, Thailand exported $1.6M to Lesotho. The main products that Thailand exported to Lesotho were Other Plastic Products ($1.31M), Oxygen Amino Compounds ($110k), and Rubber Tires ($71.2k). Over the past 5 years the exports of Thailand to Lesotho have decreased at an annualized rate of 5.88%, from $2.17M in 2018 to $1.6M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Lesotho exported $591k to Thailand. The main products exported from Lesotho to Thailand were Diamonds ($591k), Knit Men's Shirts ($431), and Low-voltage Protection Equipment ($340). During the last 5 years the exports of Lesotho to Thailand have increased at an annualized rate of 79.8%, from $31.5k in 2018 to $591k in 2023.

In 2018, Thailand exported $1.6M to Lesotho. The main products exported from Thailand to Lesotho were Other Plastic Products ($1.31M), Oxygen Amino Compounds ($110k), and Rubber Tires ($71.2k). During the last 5 years the exports of Thailand to Lesotho have decreased at an annualized rate of 5.88%, from $2.17M in 2023 to $1.6M in 2018.

Exports from Lesotho () to Thailand () (2023)

Exports from Thailand () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Thailand ()

Lesotho Exports

Date

Aug 2020

Jan 2020

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Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$351M

Thailand
Top DestinationUnited States$58.5B

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

In 2023, no countries were registered that imported more from Lesotho than from Thailand.

In 2023, countries that imported more from Thailand than Lesotho included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Lesotho - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Lesotho had a large net trade with Thailand in the exports of Precious Metals ($591k), Textiles ($431), and Machines ($340).

During 2018, Thailand had a large net trade with Lesotho in the exports of Plastics and Rubbers ($1.44M), Chemical Products ($127k), and Foodstuffs ($20.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Thailand+$11.6kLow-voltage Protection Equipment

Top Product Potential Thailand Lesotho+$143kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Thailand () (2023)

Exports from Thailand () to Lesotho () (2023)

Latest Data

Trade between Lesotho () and Thailand ()

Lesotho Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Lesotho - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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