2022
Exports
$1.52MWorld Rnk 119 / 226
Flag Rnk 45 / 606
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$13.1MWorld Rnk 158 / 225
Flag Rnk 27 / 1106

About

Exports In 2022, Lesotho exported $1.52M in Motor vehicles; parts and accessories (8701 to 8705), making it the 119th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 45th most exported product in Lesotho. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Lesotho are: South Africa ($1.51M), Botswana ($4.01k), Serbia ($206), Pakistan ($92), and Australia ($21).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Lesotho between 2021 and 2022 were South Africa ($556k), Botswana ($4.01k), and Serbia ($206).

Imports In 2022, Lesotho imported $13.1M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 158th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 27th most imported product in Lesotho. Lesotho imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: South Africa ($12.4M), China ($339k), United States ($200k), Botswana ($89.7k), and United Arab Emirates ($40.4k).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Lesotho between 2021 and 2022 were United States ($199k), Botswana ($89.7k), and Malaysia ($22.6k).

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$1.52M
IMPORTS (2022)$13.1M
NET TRADE (2022)-$11.6M

In 2022, Lesotho exported $1.52M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Lesotho exports on Motor vehicles; parts and accessories (8701 to 8705) were South Africa ($1.51M), Botswana ($4.01k), Serbia ($206), Pakistan ($92), and Australia ($21).

In 2022, Lesotho imported $13.1M in Motor vehicles; parts and accessories (8701 to 8705), mainly from South Africa ($12.4M), China ($339k), United States ($200k), Botswana ($89.7k), and United Arab Emirates ($40.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Lesotho WERE (2021 - 2022):
South Africa$556k (58.1%)
Botswana$4.01k (1%)
Serbia$206 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Lesotho WERE (2021 - 2022):
Italy-$1.53k (-100%)
Canada-$188 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lesotho' main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Lesotho' main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $16.4k
N/AN/AN/A

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is South Africa. With an export gap of $16.4k.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is N/A with an import gap of N/A.

See methodology.

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