2022
Exports
$51.6MWorld Rnk 6 / 109
Flag Rnk 6 / 606
falsefalse South Africa
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$113kWorld Rnk 71 / 137
Flag Rnk 532 / 1106

About

Exports In 2022, Lesotho exported $51.6M in Wool, making it the 6th largest exporter of Wool in the world. At the same year, Wool was the 6th most exported product in Lesotho. The main destination of Wool exports from Lesotho are: South Africa ($36.2M) and China ($15.4M).

Imports In 2022, Lesotho imported $113k in Wool, becoming the 71st largest importer of Wool in the world. At the same year, Wool was the 532nd most imported product in Lesotho. Lesotho imports Wool primarily from: South Africa ($112k) and China ($480).

The fastest growing import markets in Wool for Lesotho between 2021 and 2022 were South Africa ($32.4k) and China ($480).

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 Wool. 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)$51.6M
IMPORTS (2022)$113k
NET TRADE (2022)$51.5M

In 2022, Lesotho exported $51.6M in Wool. The main destinations of Lesotho exports on Wool were South Africa ($36.2M) and China ($15.4M).

In 2022, Lesotho imported $113k in Wool, mainly from South Africa ($112k) and China ($480).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Lesotho WERE (2021 - 2022):
China-$2.71M (-15%)
South Africa-$2.52M (-6.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Lesotho' main exporting competitors in Wool were:
In 2022, Lesotho' main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.91M
TOP IMPORT POTENTIALSouth Africa+ $26.3k

Wool’s highest export potential is China. With an export gap of $4.91M.   Wool’s highest import potential is South Africa with an import gap of $26.3k.

See methodology.

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