2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

In N/A, Lesotho did not export any services to Oman.

Oman-Lesotho Trade: In N/A, Oman exported $94.3k to Lesotho. The main products that Oman exported to Lesotho were Refined Petroleum ($94.3k). Over the past N/A years the exports of Oman to Lesotho have increased at an annualized rate of 262%,  from $151 in N/A to $94.3k in N/A.

In N/A, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

Lesotho does not register exports to Oman. The main products exported from Lesotho to Oman were Knit Men's Shirts ($1.03k).

In 2018, Oman exported $94.3k to Lesotho. The main products exported from Oman to Lesotho were Refined Petroleum ($94.3k). During the last 5 years the exports of Oman to Lesotho have increased at an annualized rate of 262%, from $151 in 2023 to $94.3k in 2018.

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

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

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Lesotho than Oman included Belgium ($295M), Eswatini ($7.34M), and Botswana ($1.49M).

In 2023, countries that imported more from Oman than Lesotho included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Lesotho - Oman

Flow
Scale

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

During 2018, Oman had a large net trade with Lesotho in the exports of Mineral Products ($94.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Oman+$1.63kLow-voltage Protection Equipment
Top Product Potential Oman Lesotho+$2.79kRefined 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 Oman. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Oman. Similarly, a dot/product with the flag of Oman indicates it has a comparative advantage over Lesotho.

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

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