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Pricing

2022
Flag → Flag
Exports $2.5MRnk 139 / 152
2022
Flag → Flag
Top Product $1.55MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $33Rnk 103 / 107
2022
Flag → Flag
Top Product $9Heavy Pure Woven Cotton
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186

About

Vietnam-Lesotho Trade: In 2022, Vietnam exported $2.5M to Lesotho. The main products that Vietnam exported to Lesotho were Light Rubberized Knitted Fabric ($1.55M), Artificial Filament Sewing Thread ($377k), and Non-Retail Synthetic Filament Yarn ($194k). Over the past 6 years the exports of Vietnam to Lesotho have decreased at an annualized rate of 30.1%, from $21.5M in 2016 to $2.5M in 2022.

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

Lesotho-Vietnam Trade: In 2022, Lesotho exported $33 to Vietnam. The main products that Lesotho exported to Vietnam were Heavy Pure Woven Cotton ($9), Non-Knit Men's Shirts ($6), and Light Rubberized Knitted Fabric ($5). Over the past 6 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 80.8%,  from $127k in 2016 to $33 in 2022.

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

Comparison In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2),  and 19 in total exports ($399B). 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
Value

In 2022, Vietnam exported $2.5M to Lesotho. The main products exported from Vietnam to Lesotho were Light Rubberized Knitted Fabric ($1.55M), Artificial Filament Sewing Thread ($377k), and Non-Retail Synthetic Filament Yarn ($194k). During the last 6 years the exports of Vietnam to Lesotho have decreased at an annualized rate of 30.1%, from $21.5M in 2016 to $2.5M in 2022.

In 2017, Lesotho exported $33 to Vietnam. The main products exported from Lesotho to Vietnam were Heavy Pure Woven Cotton ($9), Non-Knit Men's Shirts ($6), and Light Rubberized Knitted Fabric ($5). During the last 5 years the exports of Lesotho to Vietnam have decreased at an annualized rate of 80.8%, from $127k in 2022 to $33 in 2017.

Exports from Vietnam (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Lesotho (Flag)

Lesotho Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Vietnam than Lesotho included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Lesotho than Vietnam included Eswatini ($11.3M), Botswana ($3.11M), and Zimbabwe ($449k).

Difference in imports from Lesotho (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Lesotho

Flow
Scale

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

During 2022, Vietnam had a large net trade with Lesotho in the exports of Textiles ($2.15M), Paper Goods ($187k), and Machines ($102k).

During 2017, Lesotho had a large net trade with Vietnam in the exports of Textiles ($32) and Paper Goods ($1).

Potential Exports

Potential Exports

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

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

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

Product Space of Vietnam (Flag) and Lesotho (Flag) (2022)

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