2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 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
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

Lesotho-Botswana Trade: In 2022, Lesotho exported $3.11M to Botswana. The main products that Lesotho exported to Botswana were Prepared Cotton ($2.04M), Non-Retail Pure Cotton Yarn ($861k), and Lifting Machinery ($36.9k). Over the past 5 years the exports of Lesotho to Botswana have increased at an annualized rate of 4.53%, from $2.5M in 2017 to $3.11M in 2022.

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

Botswana-Lesotho Trade: In 2022, Botswana exported $643k to Lesotho. The main products that Botswana exported to Lesotho were Large Construction Vehicles ($142k), Motor vehicles; parts and accessories (8701 to 8705) ($89.7k), and Industrial Printers ($69.7k). Over the past 5 years the exports of Botswana to Lesotho have increased at an annualized rate of 5.88%,  from $289k in 2017 to $643k in 2022.

In 2022, Botswana 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, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $3.11M to Botswana. The main products exported from Lesotho to Botswana were Prepared Cotton ($2.04M), Non-Retail Pure Cotton Yarn ($861k), and Lifting Machinery ($36.9k). During the last 5 years the exports of Lesotho to Botswana have increased at an annualized rate of 4.53%, from $2.5M in 2017 to $3.11M in 2022.

In 2017, Botswana exported $643k to Lesotho. The main products exported from Botswana to Lesotho were Large Construction Vehicles ($142k), Motor vehicles; parts and accessories (8701 to 8705) ($89.7k), and Industrial Printers ($69.7k). During the last 5 years the exports of Botswana to Lesotho have increased at an annualized rate of 5.88%, from $289k in 2022 to $643k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Botswana (Flag)

Lesotho Exports

Botswana Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Botswana
Top Destination
United Arab Emirates$2.31B

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

In 2022, countries that imported more from Lesotho than Botswana included United States ($327M), Eswatini ($11.3M), and United Kingdom ($32.4M).

In 2022, countries that imported more from Botswana than Lesotho included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Comparative Advantage Lesotho - Botswana

Flow
Scale

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

During 2022, Lesotho had a large net trade with Botswana in the exports of Textiles ($2.91M), Machines ($64.9k), and Transportation ($44.9k).

During 2017, Botswana had a large net trade with Lesotho in the exports of Machines ($293k), Transportation ($141k), and Animal Products ($84.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Botswana+$13.4kNon-Knit Women's Suits
Top Product Potential Botswana Lesotho+$37.6kDelivery Trucks

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

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

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