Romania (ROU) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

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Romania-Lesotho Trade: In 2023, Romania exported $154 to Lesotho. The main products that Romania exported to Lesotho were Knit Sweaters ($154). Over the past 5 years the exports of Romania to Lesotho have decreased at an annualized rate of 32.7%, from $1.12k in 2018 to $154 in 2023.

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

Lesotho-Romania Trade: In 2023, Lesotho exported $39.3k to Romania. The main products that Lesotho exported to Romania were N/A. Over the past 5 years the exports of Lesotho to Romania have increased at an annualized rate of 371%, from $17 in 2018 to $39.3k in 2023.

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

Comparison In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Romania exported $154 to Lesotho. The main products exported from Romania to Lesotho were Knit Sweaters ($154). During the last 5 years the exports of Romania to Lesotho have decreased at an annualized rate of 32.7%, from $1.12k in 2018 to $154 in 2023.

In 2016, Lesotho exported $39.3k to Romania. There were not main exports from Lesotho to Romania in 2016. During the last 5 years the exports of Lesotho to Romania have increased at an annualized rate of 371%, from $17 in 2021 to $39.3k in 2016.

Exports from Romania () to Lesotho () (2023)

Exports from Lesotho () to Romania () (2023)

Latest Data

Trade between Romania () and Lesotho ()

Romania Exports

Date

Dec 2015

Feb 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Romania than Lesotho included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Lesotho than Romania included South Africa ($351M), Eswatini ($7.34M), and Rwanda ($162k).

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

Comparative Advantage Romania - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Lesotho in the exports of Textiles ($154).

During 2016, Lesotho had a large net trade with Romania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Lesotho+$29.1kTelephones

Top Product Potential Lesotho Romania+$2.87kLow-voltage Protection Equipment

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Lesotho () (2023)

Exports from Lesotho () to Romania () (2023)

Latest Data

Trade between Romania () and Lesotho ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Romania - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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