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Pricing

2022
Flag → Flag
Exports $2.59MRnk 197 / 224
2022
Flag → Flag
Top Product $572kPackaged Medicaments
2022
Flag → Flag
Exports $32.4MRnk 5 / 107
2022
Flag → Flag
Top Product $30.8MDiamonds
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Lesotho Trade: In 2022, United Kingdom exported $2.59M to Lesotho. The main products that United Kingdom exported to Lesotho were Packaged Medicaments ($572k), Centrifuges ($423k), and Video Displays ($212k). Over the past 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 16%, from $1.23M in 2017 to $2.59M in 2022.

In 2022, United Kingdom did not export any services to Lesotho.

Lesotho-United Kingdom Trade: In 2022, Lesotho exported $32.4M to United Kingdom. The main products that Lesotho exported to United Kingdom were Diamonds ($30.8M), Low-voltage Protection Equipment ($230k), and Electrical Power Accessories ($187k). Over the past 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 29.6%,  from $1.44M in 2017 to $32.4M in 2022.

In 2022, Lesotho did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, United Kingdom exported £50.1k and imported £53.5k from Lesotho, resulting in a negative trade balance of £3.38k. Between July 2023 and July 2024 the exports of United Kingdom have decreased by £-342k (-87.2%) from £392k to £50.1k, while imports decreased by £-76.2k (-58.8%) from £130k to £53.5k.

Trade In July 2024, the top exports of United Kingdom to Lesotho were Telephones (£49.9k) and Computers (£4.59k). In July 2024 the top imports of United Kingdom from Lesotho were .

Origins In July 2024 the exports of United Kingdom were mainly from Belfast (£46.8k) and East Midlands Airport (£3.3k), while imports destinations were mainly Felixstowe (£53.5k).

Growth In July 2024, the decrease in United Kingdom's year-by-year exports to Lesotho was explained primarily by an decrease in product exports in . In July 2024, the decrease in United Kingdom's year-by-year imports  from Lesotho was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)£-342k(-87.2%)
IMPORT GROWTH (July 2023 - July 2024)£-76.2k(-58.8%)
MAIN EXPORTER (July 2024)Belfast£46.8k

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

To check Lesotho and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Lesotho and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $2.59M to Lesotho. The main products exported from United Kingdom to Lesotho were Packaged Medicaments ($572k), Centrifuges ($423k), and Video Displays ($212k). During the last 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 16%, from $1.23M in 2017 to $2.59M in 2022.

In 2017, Lesotho exported $32.4M to United Kingdom. The main products exported from Lesotho to United Kingdom were Diamonds ($30.8M), Low-voltage Protection Equipment ($230k), and Electrical Power Accessories ($187k). During the last 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 29.6%, from $1.44M in 2022 to $32.4M in 2017.

Exports from United Kingdom (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from United Kingdom than Lesotho included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Lesotho than United Kingdom included Eswatini ($11.3M).

Difference in imports from Lesotho (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Lesotho

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Lesotho in the exports of Machines ($908k), Chemical Products ($603k), and Transportation ($396k).

During 2017, Lesotho had a large net trade with United Kingdom in the exports of Precious Metals ($30.8M), Machines ($765k), and Vegetable Products ($445k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Lesotho+$265kTelephones
Top Product Potential Lesotho United Kingdom+$7.17MDiamonds

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

Product Space of United Kingdom (Flag) and Lesotho (Flag) (2022)

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