Sign In
Pricing

2022
Flag → Flag
Exports $4.4kRnk 66 / 107
2022
Flag → Flag
Top Product $3.23kLow-voltage Protection Equipment
2022
Flag → Flag
Exports $571MRnk 163 / 166
2022
Flag → Flag
Top Product $220Non-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Lesotho-Nigeria Trade: In 2022, Lesotho exported $4.4k to Nigeria. The main products that Lesotho exported to Nigeria were Low-voltage Protection Equipment ($3.23k), Other Knit Garments ($871), and Brochures ($123). Over the past 5 years the exports of Lesotho to Nigeria have decreased at an annualized rate of 43.1%, from $74.1k in 2017 to $4.4k in 2022.

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

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

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $4.4k to Nigeria. The main products exported from Lesotho to Nigeria were Low-voltage Protection Equipment ($3.23k), Other Knit Garments ($871), and Brochures ($123). During the last 5 years the exports of Lesotho to Nigeria have decreased at an annualized rate of 43.1%, from $74.1k in 2017 to $4.4k in 2022.

Nigeria does not register exports to Lesotho. The main products exported from Nigeria to Lesotho were Non-Knit Women's Suits ($220), Brochures ($166), and Knit Women's Suits ($165).

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

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

Latest Data

Trade between Lesotho (Flag) and Nigeria (Flag)

Lesotho Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Lesotho than Nigeria included Eswatini ($11.3M), Botswana ($3.11M), and New Zealand ($1.62M).

In 2022, countries that imported more from Nigeria than Lesotho included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Lesotho - Nigeria

Flow
Scale

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

During 2022, Lesotho had a large net trade with Nigeria in the exports of Machines ($3.23k), Textiles ($871), and Paper Goods ($123).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Nigeria+$25.3kLow-voltage Protection Equipment
Top Product Potential Nigeria Lesotho+$2.99kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lesotho and Nigeria. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Lesotho.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms