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Pricing

2022
Flag → Flag
Exports $8.27MRnk 167 / 222
2022
Flag → Flag
Top Product $5.2MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $219MRnk 3 / 107
2022
Flag → Flag
Top Product $219MDiamonds
2022
Flag
Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$1,107CURRENT US$
Rnk 164 / 186
2012-2022
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GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186

About

Belgium-Lesotho In 2022, Belgium exported $8.27M to Lesotho. The main products that Belgium exported to Lesotho are Vaccines, blood, antisera, toxins and cultures ($5.2M), Looms ($1.1M), and Animal Food ($495k). During the last 22 years the exports of Belgium to Lesotho have increased at an annualized rate of 21.8%, from $107k in 2000 to $8.27M in 2022.

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

Lesotho-Belgium In 2022, Lesotho exported $219M to Belgium. The main products that Lesotho exported to Belgium were Diamonds ($219M), Broadcasting Equipment ($26.4k), and High-voltage Protection Equipment ($6.39k). During the last 22 years the exports of Lesotho to Belgium have increased at an annualized rate of 11.8%, from $18.9M in 2000 to $219M in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28),  and 13 in total exports ($475B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €65.9k and imported €7.16M from Lesotho, resulting in a negative trade balance of €7.1M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-1.04M (-94%) from €1.11M to €65.9k, while imports increased by €5.25M (275%) from €1.91M to €7.16M.

Trade In December 2023, the top exports of Belgium to Lesotho were Pharmaceutical products (€284k), Food residues & wastes; animal fodder (€150k), Used clothes & textile articles (€26.6k), and Paper articles (€164). In December 2023 the top imports of Belgium from Lesotho were Precious stones, metals, & pearls (€37.3M) and Electrical machinery and electronics (€110).

Growth In December 2023, the decrease in Belgium's year-by-year exports to Lesotho was explained primarily by an decrease in product exports in . In December 2023, the increase in Belgium's year-by-year imports  from Lesotho was explained primarily by an increase in product imports  in Precious stones, metals, & pearls (€221k or 0.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-1.04M(-94%)
IMPORT GROWTH (December 2022 - December 2023)€5.25M(275%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Lesotho and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $8.27M to Lesotho. The main products exported from Belgium to Lesotho were Vaccines, blood, antisera, toxins and cultures ($5.2M), Looms ($1.1M), and Animal Food ($495k). During the last 22 years the exports of Belgium to Lesotho have increased at an annualized rate of 21.8%, from $107k in 2000 to $8.27M in 2022.

In 2022, Lesotho exported $219M to Belgium. The main products exported from Lesotho to Belgium were Diamonds ($219M), Broadcasting Equipment ($26.4k), and High-voltage Protection Equipment ($6.39k). During the last 22 years the exports of Lesotho to Belgium have increased at an annualized rate of 11.8%, from $18.9M in 2000 to $219M in 2022.

Exports from Belgium (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Lesotho
Top DestinationSouth Africa$434M

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

In 2021, countries that imported more from Belgium than Lesotho were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Lesotho than Belgium were Eswatini ($11.3M).

Difference in imports from Lesotho (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Lesotho

Flow
Scale

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

During 2022, Belgium had a large net trade with Lesotho in the exports of Chemical Products ($5.94M), Machines ($1.2M), and Foodstuffs ($498k).

During 2022, Lesotho had a large net trade with Belgium in the exports of Precious Metals ($219M), Machines ($36.3k), and Stone And Glass ($4.03k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Lesotho. Similarly, the more yellow a dot/product is, the more Lesotho has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Lesotho (Flag) (2022)

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