Kuwait (KWT) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

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Kuwait-Lesotho Trade: In 2022, Kuwait exported $101k to Lesotho. The main products that Kuwait exported to Lesotho were Refined Petroleum ($84.2k), Cars ($15.9k), and Broadcasting Equipment ($525). Over the past 6 years the exports of Kuwait to Lesotho have increased at an annualized rate of 23.2%, from $28.8k in 2016 to $101k in 2022.

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

Lesotho-Kuwait Trade: In 2022, Lesotho exported $11.4k to Kuwait. The main products that Lesotho exported to Kuwait were Non-Knit Women's Suits ($6.81k), Knit Women's Suits ($2.14k), and Knit Men's Suits ($1.19k). Over the past 6 years the exports of Lesotho to Kuwait have increased at an annualized rate of 0.2%, from $11.3k in 2016 to $11.4k in 2022.

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

Comparison In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $101k to Lesotho. The main products exported from Kuwait to Lesotho were Refined Petroleum ($84.2k), Cars ($15.9k), and Broadcasting Equipment ($525). During the last 6 years the exports of Kuwait to Lesotho have increased at an annualized rate of 23.2%, from $28.8k in 2016 to $101k in 2022.

In 2017, Lesotho exported $11.4k to Kuwait. The main products exported from Lesotho to Kuwait were Non-Knit Women's Suits ($6.81k), Knit Women's Suits ($2.14k), and Knit Men's Suits ($1.19k). During the last 5 years the exports of Lesotho to Kuwait have increased at an annualized rate of 0.2%, from $11.3k in 2022 to $11.4k in 2017.

Exports from Kuwait () to Lesotho () (2022)

Exports from Lesotho () to Kuwait () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Kuwait than Lesotho included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Lesotho than Kuwait included Belgium ($219M), Eswatini ($11.3M), and Mexico ($4.23M).

Difference in imports from Lesotho () and Kuwait () (2022)

Comparative Advantage Kuwait - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Lesotho in the exports of Mineral Products ($84.2k), Transportation ($15.9k), and Machines ($728).

During 2017, Lesotho had a large net trade with Kuwait in the exports of Textiles ($11.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Lesotho+$3.24kRefined Petroleum

Top Product Potential Lesotho Kuwait+$33.5kNon-Knit Women's Suits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Lesotho () (2022)

Exports from Lesotho () to Kuwait () (2022)

Market Competitiveness

Difference in imports from Lesotho () and Kuwait () (2022)

Comparative Advantage Kuwait - Lesotho

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Lesotho () (2022)

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