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Pricing

2022
Flag → Flag
Exports $32.4MRnk 5 / 107
2022
Flag → Flag
Top Product $30.8MDiamonds
2022
Flag → Flag
Exports $2.59MRnk 197 / 224
2022
Flag → Flag
Top Product $572kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Lesotho-United Kingdom Trade: In 2022, Lesotho exported $32.4M to United Kingdom. The main products that Lesotho exported to United Kingdom were Diamonds ($30.8M), Low-voltage Protection Equipment ($230k), and Electrical Power Accessories ($187k). Over the past 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 86.4%, from $1.44M in 2017 to $32.4M in 2022.

In 2022, Lesotho did not export any services to United Kingdom.

United Kingdom-Lesotho Trade: In 2022, United Kingdom exported $2.59M to Lesotho. The main products that United Kingdom exported to Lesotho were Packaged Medicaments ($572k), Centrifuges ($423k), and Video Displays ($212k). Over the past 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 13.2%,  from $1.23M in 2017 to $2.59M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $32.4M to United Kingdom. The main products exported from Lesotho to United Kingdom were Diamonds ($30.8M), Low-voltage Protection Equipment ($230k), and Electrical Power Accessories ($187k). During the last 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 86.4%, from $1.44M in 2017 to $32.4M in 2022.

In 2017, United Kingdom exported $2.59M to Lesotho. The main products exported from United Kingdom to Lesotho were Packaged Medicaments ($572k), Centrifuges ($423k), and Video Displays ($212k). During the last 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 13.2%, from $1.23M in 2022 to $2.59M in 2017.

Exports from Lesotho (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Lesotho (Flag) (2022)

Latest Data

Trade between Lesotho (Flag) and United Kingdom (Flag)

Lesotho Exports

United Kingdom Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
United Kingdom
Top DestinationUnited States$61.8B

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

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

In 2022, countries that imported more from United Kingdom than Lesotho included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - United Kingdom

Flow
Scale

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

During 2022, Lesotho had a large net trade with United Kingdom in the exports of Precious Metals ($30.8M), Machines ($765k), and Vegetable Products ($445k).

During 2017, United Kingdom had a large net trade with Lesotho in the exports of Machines ($908k), Chemical Products ($603k), and Transportation ($396k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho United Kingdom+$7.17MDiamonds
Top Product Potential United Kingdom Lesotho+$265kTelephones

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

Product Space of Lesotho (Flag) and United Kingdom (Flag) (2022)

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