Latin America and the Caribbean vs Lesotho: Africa's Development Dynamics (AfDD) Table 28 - International trade

Latin America and the Caribbean
50.38 Percentage of merchandise value
in 2020
Lesotho
45.77 Percentage of merchandise value
in 2020
Latin America and the Caribbean rank
27th
Lesotho rank
28th

Africa's Development Dynamics (AfDD) Table 28 - International trade over time

  • Latin America and the Caribbean
  • Lesotho
0100200300200020102020

How they compare

Latin America and the Caribbean currently reports 50.38 Percentage of merchandise value against 45.77 Percentage of merchandise value in Lesotho, a difference of 4.61 Percentage of merchandise value.

That makes Latin America and the Caribbean's figure about 1.1 times Lesotho's.

The two have swapped places 5 times across 17 shared years of data; in 2004 it was Lesotho ahead.

Latin America and the Caribbean ranks 27th and Lesotho ranks 28th of 28 groups.

Across the 3 decades both report, Latin America and the Caribbean averaged higher in 2 and Lesotho in 1.

Head to head by decade

Decade Latin America and the Caribbean Lesotho Difference Ahead
2000s 62.6 Percentage of merchandise value 201.58 Percentage of merchandise value 138.98 Percentage of merchandise value Lesotho
2010s 55.54 Percentage of merchandise value 47.29 Percentage of merchandise value 8.25 Percentage of merchandise value Latin America and the Caribbean
2020s 50.38 Percentage of merchandise value 45.77 Percentage of merchandise value 4.61 Percentage of merchandise value Latin America and the Caribbean

Averages of every year both report within each decade.

Frequently asked questions

Which has higher africa's development dynamics (afdd) table 28 - international trade, Latin America and the Caribbean or Lesotho?
Latin America and the Caribbean, at 50.38 Percentage of merchandise value against 45.77 Percentage of merchandise value in Lesotho as of 2020.
What is the difference in africa's development dynamics (afdd) table 28 - international trade between Latin America and the Caribbean and Lesotho?
4.61 Percentage of merchandise value, with Latin America and the Caribbean ahead.
How many years of comparable data are there for Latin America and the Caribbean and Lesotho?
17 years are reported by both, from 2004 to 2020.
How do Latin America and the Caribbean and Lesotho rank globally for africa's development dynamics (afdd) table 28 - international trade?
Latin America and the Caribbean ranks 27th and Lesotho ranks 28th of 28 groups.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America and the Caribbean vs Lesotho: Africa's Development Dynamics (AfDD) Table 28 - International trade. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/africa-s-development-dynamics-afdd-table-28-international-trade-costs-average-cost-of-2/latin-america-and-the-caribbean/lesotho-2/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods
Unit
Percentage of merchandise value
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
231 places, 4,559 data points, 2000–2020
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.