2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 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
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Lesotho-Malaysia Trade: In 2023, Lesotho exported $7.38k to Malaysia. The main products that Lesotho exported to Malaysia were Textile Scraps ($7.14k), Blankets ($173), and Low-voltage Protection Equipment ($65). Over the past 5 years the exports of Lesotho to Malaysia have decreased at an annualized rate of 54.7%, from $385k in 2018 to $7.38k in 2023.

In 2023, Lesotho did not export any services to Malaysia.

Malaysia-Lesotho Trade: In 2023, Malaysia exported $636k to Lesotho. The main products that Malaysia exported to Lesotho were Raw Cotton ($200k), Dyeing Finishing Agents ($142k), and Pharmaceutical Rubber Products ($90.9k). Over the past 5 years the exports of Malaysia to Lesotho have decreased at an annualized rate of 5.66%,  from $851k in 2018 to $636k in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $7.38k to Malaysia. The main products exported from Lesotho to Malaysia were Textile Scraps ($7.14k), Blankets ($173), and Low-voltage Protection Equipment ($65). During the last 5 years the exports of Lesotho to Malaysia have decreased at an annualized rate of 54.7%, from $385k in 2018 to $7.38k in 2023.

In 2018, Malaysia exported $636k to Lesotho. The main products exported from Malaysia to Lesotho were Raw Cotton ($200k), Dyeing Finishing Agents ($142k), and Pharmaceutical Rubber Products ($90.9k). During the last 5 years the exports of Malaysia to Lesotho have decreased at an annualized rate of 5.66%, from $851k in 2023 to $636k in 2018.

Exports from Lesotho (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Lesotho (Flag) (2023)

Latest Data

Trade between Lesotho (Flag) and Malaysia (Flag)

Lesotho Exports

Malaysia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Lesotho than Malaysia included Eswatini ($7.34M).

In 2023, countries that imported more from Malaysia than Lesotho included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Lesotho (Flag) (2023)

Comparative Advantage Lesotho - Malaysia

Flow
Scale

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

During 2023, Lesotho had a large net trade with Malaysia in the exports of Textiles ($7.32k) and Machines ($65).

During 2018, Malaysia had a large net trade with Lesotho in the exports of Chemical Products ($248k), Textiles ($200k), and Plastics and Rubbers ($95.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Malaysia+$16.8kNon-Knit Men's Suits
Top Product Potential Malaysia Lesotho+$49.2kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Lesotho (Flag) and Malaysia (Flag) (2023)

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