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2022
Exports $26.8kWorld Rnk 139 / 192
Flag Rnk 179 / 606
2022
Destination $4.9k South Africa
2021 - 2022
FASTEST GROWING MARKET $4.9kSouth Africa
2022
PRODUCT COMPLEXITY IN Packing Bags-1.76Rnk 978 / 1025
2022
Imports $1.66MWorld Rnk 158 / 223
Flag Rnk 189 / 1106
2022
Origin $273k South Africa
2021 - 2022
FASTEST GROWING ORIGIN $273kSouth Africa

About

Exports In 2022, Lesotho exported $26.8k in Packing Bags, making it the 139th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 179th most exported product in Lesotho. The main destination of Packing Bags exports from Lesotho are: South Africa ($26.8k) and Botswana ($49).

The fastest growing export markets for Packing Bags of Lesotho between 2021 and 2022 were South Africa ($4.9k) and Botswana ($49).

Imports In 2022, Lesotho imported $1.66M in Packing Bags, becoming the 158th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 189th most imported product in Lesotho. Lesotho imports Packing Bags primarily from: South Africa ($1.61M), Bulgaria ($17.7k), Czechia ($16.7k), Chinese Taipei ($8.4k), and United States ($2.49k).

The fastest growing import markets in Packing Bags for Lesotho between 2021 and 2022 were South Africa ($273k), Bulgaria ($17.7k), and Czechia ($16.7k).

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 Packing Bags. 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)$26.8k
IMPORTS (2022)$1.66M
NET TRADE (2022)-$1.63M

In 2022, Lesotho exported $26.8k in Packing Bags. The main destinations of Lesotho exports on Packing Bags were South Africa ($26.8k) and Botswana ($49).

In 2022, Lesotho imported $1.66M in Packing Bags, mainly from South Africa ($1.61M), Bulgaria ($17.7k), Czechia ($16.7k), Chinese Taipei ($8.4k), and United States ($2.49k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Lesotho WERE (2021 - 2022):
South Africa$4.9k (22.4%)
Botswana$49 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Lesotho WERE (2021 - 2022):
New Zealand-$379 (-100%)
Australia-$162 (-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 Packing Bags were:
China $1.74B
India $1.39B
Vietnam $639M
In 2022, Lesotho' main importing competitors in Packing Bags were:
United States $894M
Japan $472M
Germany $351M

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $5.35k
TOP IMPORT POTENTIALCzechia+ $6.39k

Packing Bags’s highest export potential is South Africa. With an export gap of $5.35k.   Packing Bags’s highest import potential is Czechia with an import gap of $6.39k.

See methodology.

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