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

About

Thailand-Lesotho Trade: In 2022, Thailand exported $3.1M to Lesotho. The main products that Thailand exported to Lesotho were Laboratory Reagents ($1.78M), Other Plastic Products ($1.21M), and Cars ($43.8k). Over the past 5 years the exports of Thailand to Lesotho have increased at an annualized rate of 49.5%, from $415k in 2017 to $3.1M in 2022.

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

Lesotho-Thailand Trade: In 2022, Lesotho exported $591 to Thailand. The main products that Lesotho exported to Thailand were Low-voltage Protection Equipment ($580) and Newspapers ($11). Over the past 5 years the exports of Lesotho to Thailand have decreased at an annualized rate of 58.7%, from $49.1k in 2017 to $591 in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Lesotho ranked 158 in total exports ($1.16B), 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 2022, Thailand exported $3.1M to Lesotho. The main products exported from Thailand to Lesotho were Laboratory Reagents ($1.78M), Other Plastic Products ($1.21M), and Cars ($43.8k). During the last 5 years the exports of Thailand to Lesotho have increased at an annualized rate of 49.5%, from $415k in 2017 to $3.1M in 2022.

In 2017, Lesotho exported $591 to Thailand. The main products exported from Lesotho to Thailand were Low-voltage Protection Equipment ($580) and Newspapers ($11). During the last 5 years the exports of Lesotho to Thailand have decreased at an annualized rate of 58.7%, from $49.1k in 2022 to $591 in 2017.

Exports from Thailand () to Lesotho () (2022)

Exports from Lesotho () to Thailand () (2022)

Latest Data

Trade between Thailand () and Lesotho ()

Thailand Exports

Date

Lesotho Exports

Date

Aug 2020

Jan 2020

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Thailand than Lesotho included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Lesotho than Thailand included Eswatini ($11.3M).

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

Comparative Advantage Thailand - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Lesotho in the exports of Chemical Products ($1.8M), Plastics and Rubbers ($1.21M), and Transportation ($43.9k).

During 2017, Lesotho had a large net trade with Thailand in the exports of Machines ($580) and Paper Goods ($11).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Lesotho+$143kCars

Top Product Potential Lesotho Thailand+$11.6kLow-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.

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Lesotho () (2022)

Exports from Lesotho () to Thailand () (2022)

Latest Data

Trade between Thailand () and Lesotho ()

Thailand Exports

Lesotho Exports

Market Competitiveness

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

Comparative Advantage Thailand - Lesotho

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 Thailand () and Lesotho () (2022)

Keep Exploring