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2020
Flag → Flag
Exports $52.1kRnk 186 / 0
2020
Flag → Flag
Exports $66.7kRnk 175 / 206
2020
Flag → Flag
Top Product $42.9kOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC $1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Lesotho-Bulgaria Trade: In 2020, Lesotho exported $52.1k to Bulgaria. The main products that Lesotho exported to Bulgaria were N/A. Over the past 20 years the exports of Lesotho to Bulgaria have increased at an annualized rate of 27.8%, from $385 in 2000 to $52.1k in 2020.

In 2020, Lesotho did not export any services to Bulgaria.

Bulgaria-Lesotho Trade: In 2020, Bulgaria exported $66.7k to Lesotho. The main products that Bulgaria exported to Lesotho were Other Edible Preparations ($42.9k), Packing Bags ($17.7k), and Vaccines, blood, antisera, toxins and cultures ($5.59k). Over the past 20 years the exports of Bulgaria to Lesotho have increased at an annualized rate of 67.8%,  from $5.01k in 2000 to $66.7k in 2020.

In 2020, Bulgaria did not export any services to Lesotho.

Comparison In 2022,  Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Lesotho exported $52.1k to Bulgaria. There were not main exports from Lesotho to Bulgaria in 2020. During the last 20 years the exports of Lesotho to Bulgaria have increased at an annualized rate of 27.8%, from $385 in 2000 to $52.1k in 2020.

In 2017, Bulgaria exported $66.7k to Lesotho. The main products exported from Bulgaria to Lesotho were Other Edible Preparations ($42.9k), Packing Bags ($17.7k), and Vaccines, blood, antisera, toxins and cultures ($5.59k). During the last 5 years the exports of Bulgaria to Lesotho have increased at an annualized rate of 67.8%, from $5.01k in 2022 to $66.7k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Bulgaria
Top DestinationGermany$6.91B

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

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

In 2022, countries that imported more from Bulgaria than Lesotho included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Lesotho - Bulgaria

Flow
Scale

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

During 2020, Lesotho had a large net trade with Bulgaria in the exports of .

During 2017, Bulgaria had a large net trade with Lesotho in the exports of Foodstuffs ($42.9k), Textiles ($18.2k), and Chemical Products ($5.59k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Bulgaria+$2.06kLow-voltage Protection Equipment
Top Product Potential Bulgaria Lesotho+$28.2kOther Edible Preparations

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

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

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