2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 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 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Canada-Lesotho Trade: In 2023, Canada exported $85.7k to Lesotho. The main products that Canada exported to Lesotho were Packaged Medicaments ($27.7k), Vegetable Saps ($17.4k), and Used Clothing ($13.9k). Over the past 5 years the exports of Canada to Lesotho have decreased at an annualized rate of 31.9%, from $587k in 2018 to $85.7k in 2023.

In 2023, Canada did not export any services to Lesotho.

Lesotho-Canada Trade: In 2023, Lesotho exported $8.08M to Canada. The main products that Lesotho exported to Canada were Knit Men's Shirts ($2.88M), Non-Knit Men's Suits ($1.72M), and Knit Women's Suits ($1.14M). Over the past 5 years the exports of Lesotho to Canada have increased at an annualized rate of 1.21%,  from $6.99M in 2018 to $8.08M in 2023.

In 2023, Lesotho did not export any services to Canada.

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). 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 2023, Canada exported $85.7k to Lesotho. The main products exported from Canada to Lesotho were Packaged Medicaments ($27.7k), Vegetable Saps ($17.4k), and Used Clothing ($13.9k). During the last 5 years the exports of Canada to Lesotho have decreased at an annualized rate of 31.9%, from $587k in 2018 to $85.7k in 2023.

In 2018, Lesotho exported $8.08M to Canada. The main products exported from Lesotho to Canada were Knit Men's Shirts ($2.88M), Non-Knit Men's Suits ($1.72M), and Knit Women's Suits ($1.14M). During the last 5 years the exports of Lesotho to Canada have increased at an annualized rate of 1.21%, from $6.99M in 2023 to $8.08M in 2018.

Exports from Canada (Flag) to Lesotho (Flag) (2023)

Exports from Lesotho (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Canada than Lesotho included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Lesotho than Canada included Eswatini ($7.34M).

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

Comparative Advantage Canada - Lesotho

Flow
Scale

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

During 2023, Canada had a large net trade with Lesotho in the exports of Chemical Products ($33.5k), Vegetable Products ($22.6k), and Textiles ($14.3k).

During 2018, Lesotho had a large net trade with Canada in the exports of Textiles ($7.49M), Machines ($487k), and Precious Metals ($60.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Lesotho+$186kCars
Top Product Potential Lesotho Canada+$2.66MNon-Knit Men'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 Canada and Lesotho. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Lesotho (Flag) (2023)

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