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2022
Flag → Flag
Exports $111kRnk 112 / 0
2022
Flag → Flag
Exports $8.44kRnk 69 / 105
2022
Flag → Flag
Top Product $2.65kKnit Men's Suits
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 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 $33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195

About

Kuwait-Lesotho Trade: In 2022, Kuwait exported $111k to Lesotho. The main products that Kuwait exported to Lesotho were N/A. Over the past 6 years the exports of Kuwait to Lesotho have increased at an annualized rate of 25.3%, from $28.8k in 2016 to $111k in 2022.

In 2022, Kuwait did not export any services to Lesotho.

Lesotho-Kuwait Trade: In 2022, Lesotho exported $8.44k to Kuwait. The main products that Lesotho exported to Kuwait were Knit Men's Suits ($2.65k), Non-Knit Men's Suits ($1.44k), and Knit Men's Shirts ($863). Over the past 6 years the exports of Lesotho to Kuwait have decreased at an annualized rate of 14.5%,  from $18.4k in 2016 to $8.44k in 2022.

In 2022, Lesotho did not export any services to Kuwait.

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Kuwait
Top DestinationChina$17.4B
Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Kuwait than Lesotho included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Lesotho than Kuwait included South Africa ($351M), Belgium ($295M), and Eswatini ($7.34M).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Kuwait Lesotho+$3.24kRefined Petroleum
Top Product Potential Lesotho Kuwait+$33.5kNon-Knit 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 Kuwait and Lesotho. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Lesotho (Flag) (NaN)

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