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2021
Flag → Flag
Exports $69.6kRnk 88 / 0
2021
Flag → Flag
Exports $23.3MRnk 115 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
 GDP$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC $1,394CURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195
2023
Flag
GDP PC$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195

About

Benin-Lesotho Trade: In 2021, Benin exported $69.6k to Lesotho. The main products that Benin exported to Lesotho were N/A. Over the past 17 years the exports of Benin to Lesotho have decreased at an annualized rate of 11%, from $502k in 2004 to $69.6k in 2021.

In 2021, Benin did not export any services to Lesotho.

Lesotho-Benin In N/A, Lesotho did not export any products to Benin.

In 2021, Lesotho did not export any services to Benin.

Comparison In 2023,  Benin ranked 83 in the Economic Complexity Index (ECI -0.43),  and 146 in total exports ($1.93B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Benin exported $69.6k to Lesotho. There were not main exports from Benin to Lesotho in 2021. During the last 17 years the exports of Benin to Lesotho have decreased at an annualized rate of 11%, from $502k in 2004 to $69.6k in 2021.

Lesotho does not register exports to Benin.

Exports from Benin (Flag) to Lesotho (Flag) (2021)

Exports from Lesotho (Flag) to Benin (Flag) (2021)

Market Competitiveness

Color
Benin
Top DestinationUnited Arab Emirates$803M
Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Benin than Lesotho included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

In 2023, countries that imported more from Lesotho than Benin included South Africa ($351M), Belgium ($295M), and United States ($228M).

Difference in imports from Lesotho (Flag) and Benin (Flag) (2023)

Comparative Advantage Benin - Lesotho

Flow
Scale

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

During 2021, Benin had a large net trade with Lesotho in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Lesotho+$1.47kRefined Petroleum
Top Product Potential Lesotho Benin+$1.27kKnit 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

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

Product Space of Benin (Flag) and Lesotho (Flag) (2021)

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