2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 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
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Lesotho-Dominican Republic Trade: In 2022, Lesotho exported $9.49k to Dominican Republic. The main products that Lesotho exported to Dominican Republic were Knit Men's Shirts ($5.74k), Knit Women's Shirts ($2.88k), and Low-voltage Protection Equipment ($672). Over the past 5 years the exports of Lesotho to Dominican Republic have increased at an annualized rate of 13.9%, from $4.96k in 2017 to $9.49k in 2022.

In 2022, Lesotho did not export any services to Dominican Republic.

Dominican Republic-Lesotho In N/A, Dominican Republic did not export any products to Lesotho.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $9.49k to Dominican Republic. The main products exported from Lesotho to Dominican Republic were Knit Men's Shirts ($5.74k), Knit Women's Shirts ($2.88k), and Low-voltage Protection Equipment ($672). During the last 5 years the exports of Lesotho to Dominican Republic have increased at an annualized rate of 13.9%, from $4.96k in 2017 to $9.49k in 2022.

Dominican Republic does not register exports to Lesotho.

Exports from Lesotho (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Lesotho (Flag) (2022)

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Lesotho than Dominican Republic included South Africa ($434M), Belgium ($219M), and United Arab Emirates ($73.6M).

In 2022, countries that imported more from Dominican Republic than Lesotho included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - Dominican Republic

Flow
Scale

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

During 2022, Lesotho had a large net trade with Dominican Republic in the exports of Textiles ($8.82k) and Machines ($672).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Dominican Republic+$1.83kLow-voltage Protection Equipment
Top Product Potential Dominican Republic Lesotho+$1.48kRolled Tobacco

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

Product Space of Lesotho (Flag) and Dominican Republic (Flag) (2022)

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