2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
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 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$916CURRENT US$
Rnk 180 / 195
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
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GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Lesotho-United Kingdom Trade: In 2023, Lesotho exported $5.8M to United Kingdom. The main products that Lesotho exported to United Kingdom were Electrical Power Accessories ($1.71M), Low-voltage Protection Equipment ($1.28M), and High-voltage Protection Equipment ($1M). Over the past 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 36.8%, from $1.21M in 2018 to $5.8M in 2023.

In 2023, Lesotho did not export any services to United Kingdom.

United Kingdom-Lesotho Trade: In 2023, United Kingdom exported $4.87M to Lesotho. The main products that United Kingdom exported to Lesotho were Cars ($2.16M), Delivery Trucks ($1.45M), and Packaged Medicaments ($213k). Over the past 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 10.8%,  from $2.92M in 2018 to $4.87M in 2023.

In 2023, United Kingdom did not export any services to Lesotho.

Comparison In 2023,  Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $5.8M to United Kingdom. The main products exported from Lesotho to United Kingdom were Electrical Power Accessories ($1.71M), Low-voltage Protection Equipment ($1.28M), and High-voltage Protection Equipment ($1M). During the last 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 36.8%, from $1.21M in 2018 to $5.8M in 2023.

In 2018, United Kingdom exported $4.87M to Lesotho. The main products exported from United Kingdom to Lesotho were Cars ($2.16M), Delivery Trucks ($1.45M), and Packaged Medicaments ($213k). During the last 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 10.8%, from $2.92M in 2023 to $4.87M in 2018.

Exports from Lesotho (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Lesotho (Flag) (2023)

Latest Data

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

Lesotho Exports

United Kingdom Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
United Kingdom
Top Destination
United States$59.7B

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 2023, no countries were registered that imported more from Lesotho than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Lesotho included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Lesotho (Flag) (2023)

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 2023, Lesotho had a large net trade with United Kingdom in the exports of Machines ($4.03M), Textiles ($744k), and Precious Metals ($668k).

During 2018, United Kingdom had a large net trade with Lesotho in the exports of Transportation ($3.61M), Machines ($356k), and Instruments ($339k).

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) (2023)

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