2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
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GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
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 GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
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GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
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GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

India-Lesotho Trade: In 2023, India exported $17.2M to Lesotho. The main products that India exported to Lesotho were Packaged Medicaments ($7.14M), Plastic Coated Textile Fabric ($2.97M), and Synthetic Filament Yarn Woven Fabric ($1.81M). Over the past 5 years the exports of India to Lesotho have decreased at an annualized rate of 14.5%, from $37.5M in 2018 to $17.2M in 2023.

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

Lesotho-India Trade: In 2023, Lesotho exported $86.3M to India. The main products that Lesotho exported to India were Diamonds ($85.8M), Wool ($140k), and Light Pure Woven Cotton ($117k). Over the past 5 years the exports of Lesotho to India have increased at an annualized rate of 27.6%,  from $25.5M in 2018 to $86.3M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). 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, India exported $17.2M to Lesotho. The main products exported from India to Lesotho were Packaged Medicaments ($7.14M), Plastic Coated Textile Fabric ($2.97M), and Synthetic Filament Yarn Woven Fabric ($1.81M). During the last 5 years the exports of India to Lesotho have decreased at an annualized rate of 14.5%, from $37.5M in 2018 to $17.2M in 2023.

In 2018, Lesotho exported $86.3M to India. The main products exported from Lesotho to India were Diamonds ($85.8M), Wool ($140k), and Light Pure Woven Cotton ($117k). During the last 5 years the exports of Lesotho to India have increased at an annualized rate of 27.6%, from $25.5M in 2023 to $86.3M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from India than Lesotho included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Lesotho than from India.

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

Comparative Advantage India - Lesotho

Flow
Scale

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

During 2023, India had a large net trade with Lesotho in the exports of Chemical Products ($7.97M), Textiles ($6.36M), and Mineral Products ($1.62M).

During 2018, Lesotho had a large net trade with India in the exports of Precious Metals ($85.8M), Textiles ($383k), and Vegetable Products ($101k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Lesotho+$1.37MPackaged Medicaments
Top Product Potential Lesotho India+$9.67kDiamonds

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

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

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