NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $64.1kRnk 46 / 105
2023
Flag → Flag
Top Product $64.1kSewing Machines
2023
Flag → Flag
Exports $10.4MRnk 114 / 142
2023
Flag → Flag
Top Product $9.96MLight Rubberized Knitted Fabric
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $916CURRENT US$
Rnk 180 / 195
2013-2023
Flag
GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Lesotho-Vietnam Trade: In 2023, Lesotho exported $64.1k to Vietnam. The main products that Lesotho exported to Vietnam were Sewing Machines ($64.1k), Synthetic Filament Yarn Woven Fabric ($6), and Ink Ribbons ($5). Over the past 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 10.3%, from $110k in 2018 to $64.1k in 2023.

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

Vietnam-Lesotho Trade: In 2023, Vietnam exported $10.4M to Lesotho. The main products that Vietnam exported to Lesotho were Light Rubberized Knitted Fabric ($9.96M), Heavy Pure Woven Cotton ($157k), and Paper Spools ($118k). Over the past 5 years the exports of Vietnam to Lesotho have increased at an annualized rate of 4.19%,  from $8.49M in 2018 to $10.4M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $64.1k to Vietnam. The main products exported from Lesotho to Vietnam were Sewing Machines ($64.1k), Synthetic Filament Yarn Woven Fabric ($6), and Ink Ribbons ($5). During the last 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 10.3%, from $110k in 2018 to $64.1k in 2023.

In 2018, Vietnam exported $10.4M to Lesotho. The main products exported from Vietnam to Lesotho were Light Rubberized Knitted Fabric ($9.96M), Heavy Pure Woven Cotton ($157k), and Paper Spools ($118k). During the last 5 years the exports of Vietnam to Lesotho have increased at an annualized rate of 4.19%, from $8.49M in 2023 to $10.4M in 2018.

Exports from Lesotho (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Lesotho (Flag) (2023)

Latest Data

Trade between Lesotho (Flag) and Vietnam (Flag)

Lesotho Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$351M
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Lesotho than Vietnam included Eswatini ($7.34M), Botswana ($1.49M), and Cameroon ($319k).

In 2023, countries that imported more from Vietnam than Lesotho included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Lesotho (Flag) (2023)

Comparative Advantage Lesotho - Vietnam

Flow
Scale

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

During 2023, Lesotho had a large net trade with Vietnam in the exports of Machines ($64.1k), Textiles ($18), and Miscellaneous ($5).

During 2018, Vietnam had a large net trade with Lesotho in the exports of Textiles ($10.1M), Paper Goods ($118k), and Machines ($81.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Vietnam+$3.84kDiamonds
Top Product Potential Vietnam Lesotho+$3.26kTelephones

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

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

Product Space of Lesotho (Flag) and Vietnam (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms