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2022
Exports $20.2MWorld Rnk 51 / 207
Flag Rnk 12 / 606
2022
Destination $290k United States
2021 - 2022
FASTEST GROWING MARKET $290kCanada
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $2.27MWorld Rnk 144 / 221
Flag Rnk 147 / 1106
2022
Origin $6k South Africa
2021 - 2022
FASTEST GROWING ORIGIN $6kPortugal

About

Exports In 2022, Lesotho exported $20.2M in Knit Men's Suits, making it the 51st largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 12th most exported product in Lesotho. The main destination of Knit Men's Suits exports from Lesotho are: United States ($14.1M), South Africa ($5.65M), Canada ($340k), United Arab Emirates ($70.9k), and Namibia ($42.9k).

The fastest growing export markets for Knit Men's Suits of Lesotho between 2021 and 2022 were Canada ($290k), United Arab Emirates ($23.6k), and Democratic Republic of the Congo ($15.6k).

Imports In 2022, Lesotho imported $2.27M in Knit Men's Suits, becoming the 144th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 147th most imported product in Lesotho. Lesotho imports Knit Men's Suits primarily from: South Africa ($2.24M), China ($11.6k), Portugal ($6k), Chinese Taipei ($1.56k), and United States ($444).

The fastest growing import markets in Knit Men's Suits for Lesotho between 2021 and 2022 were Portugal ($6k), Thailand ($425), and Morocco ($197).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Knit Men's Suits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.2M
IMPORTS (2022)$2.27M
NET TRADE (2022)$18M

In 2022, Lesotho exported $20.2M in Knit Men's Suits. The main destinations of Lesotho exports on Knit Men's Suits were United States ($14.1M), South Africa ($5.65M), Canada ($340k), United Arab Emirates ($70.9k), and Namibia ($42.9k).

In 2022, Lesotho imported $2.27M in Knit Men's Suits, mainly from South Africa ($2.24M), China ($11.6k), Portugal ($6k), Chinese Taipei ($1.56k), and United States ($444).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Lesotho WERE (2021 - 2022):
Canada$290k (578%)
United Arab Emirates$23.6k (50%)
Democratic Republic of the Congo$15.6k (74.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Lesotho WERE (2021 - 2022):
United States-$7.12M (-33.6%)
South Africa-$1.25M (-18.2%)
Eswatini-$25.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lesotho' main exporting competitors in Knit Men's Suits were:
China $4.9B
Bangladesh $1.43B
Vietnam $1.42B
In 2022, Lesotho' main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.98M
TOP IMPORT POTENTIALChina+ $46.9k

Knit Men's Suits’s highest export potential is United States. With an export gap of $7.98M.   Knit Men's Suits’s highest import potential is China with an import gap of $46.9k.

See methodology.

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