2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186

About

Ecuador-Lesotho Trade: In 2021, Ecuador exported $2.93k to Lesotho. The main products that Ecuador exported to Lesotho were N/A. Over the past 19 years the exports of Ecuador to Lesotho have decreased at an annualized rate of 9.21%, from $18.4k in 2002 to $2.93k in 2021.

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

Lesotho-Ecuador Trade: In 2021, Lesotho exported $379 to Ecuador. The main products that Lesotho exported to Ecuador were Non-Knit Men's Suits ($260), Non-Knit Women's Suits ($54), and Knit Women's Suits ($28). Over the past 19 years the exports of Lesotho to Ecuador have decreased at an annualized rate of 40.3%,  from $5k in 2002 to $379 in 2021.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). 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
Value

In 2021, Ecuador exported $2.93k to Lesotho. There were not main exports from Ecuador to Lesotho in 2021. During the last 19 years the exports of Ecuador to Lesotho have decreased at an annualized rate of 9.21%, from $18.4k in 2002 to $2.93k in 2021.

In 2017, Lesotho exported $379 to Ecuador. The main products exported from Lesotho to Ecuador were Non-Knit Men's Suits ($260), Non-Knit Women's Suits ($54), and Knit Women's Suits ($28). During the last 5 years the exports of Lesotho to Ecuador have decreased at an annualized rate of 40.3%, from $5k in 2022 to $379 in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Ecuador than Lesotho included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Lesotho than Ecuador included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

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

Comparative Advantage Ecuador - Lesotho

Flow
Scale

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

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

During 2017, Lesotho had a large net trade with Ecuador in the exports of Textiles ($379).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Lesotho+$2.36kRefined Petroleum
Top Product Potential Lesotho Ecuador+$1.62kLow-voltage Protection Equipment

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 Ecuador and Lesotho. This means that a dot/product with the flag of Ecuador indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Ecuador.

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

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