2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 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
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Lesotho-Namibia Trade: In 2022, Lesotho exported $442k to Namibia. The main products that Lesotho exported to Namibia were Non-Knit Women's Suits ($174k), Knit Men's Suits ($42.9k), and Non-Knit Men's Suits ($37.8k). Over the past 5 years the exports of Lesotho to Namibia have decreased at an annualized rate of 15.9%, from $1.05M in 2017 to $442k in 2022.

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

Namibia-Lesotho Trade: In 2022, Namibia exported $315k to Lesotho. The main products that Namibia exported to Lesotho were Metal Signs ($70.8k), Medical Instruments ($47.1k), and Wood Charcoal ($28.1k). Over the past 5 years the exports of Namibia to Lesotho have decreased at an annualized rate of 3.81%,  from $383k in 2017 to $315k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $442k to Namibia. The main products exported from Lesotho to Namibia were Non-Knit Women's Suits ($174k), Knit Men's Suits ($42.9k), and Non-Knit Men's Suits ($37.8k). During the last 5 years the exports of Lesotho to Namibia have decreased at an annualized rate of 15.9%, from $1.05M in 2017 to $442k in 2022.

In 2017, Namibia exported $315k to Lesotho. The main products exported from Namibia to Lesotho were Metal Signs ($70.8k), Medical Instruments ($47.1k), and Wood Charcoal ($28.1k). During the last 5 years the exports of Namibia to Lesotho have decreased at an annualized rate of 3.81%, from $383k in 2022 to $315k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Namibia (Flag)

Lesotho Exports

Namibia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Lesotho than Namibia included United States ($327M), Belgium ($219M), and Eswatini ($11.3M).

In 2022, countries that imported more from Namibia than Lesotho included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Lesotho - Namibia

Flow
Scale

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

During 2022, Lesotho had a large net trade with Namibia in the exports of Textiles ($416k), Chemical Products ($16.4k), and Footwear and Headwear ($6.8k).

During 2017, Namibia had a large net trade with Lesotho in the exports of Metals ($121k), Machines ($58.8k), and Instruments ($47.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Namibia+$116kNon-Knit Women's Suits
Top Product Potential Namibia Lesotho+$34.7kDelivery Trucks

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

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

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