2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 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
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Lesotho-Switzerland Trade: In 2022, Lesotho exported $2.8M to Switzerland. The main products that Lesotho exported to Switzerland were Diamonds ($2.62M), Dried Fruits ($40.3k), and Non-Knit Women's Shirts ($29.6k). Over the past 6 years the exports of Lesotho to Switzerland have increased at an annualized rate of 141%, from $14.3k in 2016 to $2.8M in 2022.

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

Switzerland-Lesotho Trade: In 2022, Switzerland exported $238k to Lesotho. The main products that Switzerland exported to Lesotho were Other Office Machines ($54.9k), Knitting Machine Accessories ($50.8k), and Cars ($28k). Over the past 6 years the exports of Switzerland to Lesotho have decreased at an annualized rate of 14.5%,  from $523k in 2016 to $238k in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $2.8M to Switzerland. The main products exported from Lesotho to Switzerland were Diamonds ($2.62M), Dried Fruits ($40.3k), and Non-Knit Women's Shirts ($29.6k). During the last 6 years the exports of Lesotho to Switzerland have increased at an annualized rate of 141%, from $14.3k in 2016 to $2.8M in 2022.

In 2017, Switzerland exported $238k to Lesotho. The main products exported from Switzerland to Lesotho were Other Office Machines ($54.9k), Knitting Machine Accessories ($50.8k), and Cars ($28k). During the last 5 years the exports of Switzerland to Lesotho have decreased at an annualized rate of 14.5%, from $523k in 2022 to $238k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Switzerland (Flag)

Lesotho Exports

Switzerland Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Switzerland
Top Destination
United States$61.7B

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

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

In 2022, countries that imported more from Switzerland than Lesotho included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Lesotho - Switzerland

Flow
Scale

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

During 2022, Lesotho had a large net trade with Switzerland in the exports of Precious Metals ($2.62M), Textiles ($102k), and Vegetable Products ($51.1k).

During 2017, Switzerland had a large net trade with Lesotho in the exports of Machines ($130k), Transportation ($58.4k), and Metals ($27k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Switzerland+$3.45MDiamonds
Top Product Potential Switzerland Lesotho+$49.7kCars

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

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

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