Lesotho (LSO) and Uruguay (URY) Trade | The Observatory of Economic Complexity

About

Lesotho-Uruguay Trade: In 2022, Lesotho exported $553 to Uruguay. The main products that Lesotho exported to Uruguay were Non-Knit Women's Suits ($553). Over the past 6 years the exports of Lesotho to Uruguay have decreased at an annualized rate of 34.6%, from $7.09k in 2016 to $553 in 2022.

In 2022, Lesotho did not export any services to Uruguay.

Uruguay-Lesotho In false, Uruguay did not export any products to Lesotho.

In 2022, Uruguay did not export any services to Lesotho.

Comparison In 2022, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $553 to Uruguay. The main products exported from Lesotho to Uruguay were Non-Knit Women's Suits ($553). During the last 6 years the exports of Lesotho to Uruguay have decreased at an annualized rate of 34.6%, from $7.09k in 2016 to $553 in 2022.

Uruguay does not register exports to Lesotho.

Exports from Lesotho () to Uruguay () (2022)

Exports from Uruguay () to Lesotho () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Lesotho than Uruguay included South Africa ($434M), Belgium ($219M), and United Arab Emirates ($73.6M).

In 2022, countries that imported more from Uruguay than Lesotho included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Lesotho - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lesotho had a large net trade with Uruguay in the exports of Textiles ($553).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Lesotho Uruguay+$4.17kNon-Knit Women's Suits

Top Product Potential Uruguay Lesotho+N/AN/A

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Lesotho () to Uruguay () (2022)

Exports from Uruguay () to Lesotho () (2022)

Market Competitiveness

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

Comparative Advantage Lesotho - Uruguay

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring