2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Lesotho-Portugal Trade: In 2022, Lesotho exported $2.67k to Portugal. The main products that Lesotho exported to Portugal were Vegetable Alkaloids ($2.6k), Knit Women's Suits ($39), and Knit Sweaters ($31). Over the past 10 years the exports of Lesotho to Portugal have decreased at an annualized rate of 31.3%, from $114k in 2012 to $2.67k in 2022.

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

Portugal-Lesotho Trade: In 2022, Portugal exported $28.7k to Lesotho. The main products that Portugal exported to Lesotho were Knit Men's Suits ($6k), Other Cloth Articles ($5.19k), and Knit Sweaters ($3.56k). Over the past 10 years the exports of Portugal to Lesotho have increased at an annualized rate of 2.26%,  from $25.7k in 2012 to $28.7k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $2.67k to Portugal. The main products exported from Lesotho to Portugal were Vegetable Alkaloids ($2.6k), Knit Women's Suits ($39), and Knit Sweaters ($31). During the last 10 years the exports of Lesotho to Portugal have decreased at an annualized rate of 31.3%, from $114k in 2012 to $2.67k in 2022.

In 2017, Portugal exported $28.7k to Lesotho. The main products exported from Portugal to Lesotho were Knit Men's Suits ($6k), Other Cloth Articles ($5.19k), and Knit Sweaters ($3.56k). During the last 5 years the exports of Portugal to Lesotho have increased at an annualized rate of 2.26%, from $25.7k in 2022 to $28.7k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Portugal (Flag)

Lesotho Exports

Date

Portugal Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Lesotho than Portugal included South Africa ($434M) and Eswatini ($11.3M).

In 2022, countries that imported more from Portugal than Lesotho included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Lesotho - Portugal

Flow
Scale

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

During 2022, Lesotho had a large net trade with Portugal in the exports of Chemical Products ($2.6k) and Textiles ($70).

During 2017, Portugal had a large net trade with Lesotho in the exports of Textiles ($17.9k), Machines ($3.64k), and Animal Hides ($3.16k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Portugal+$3.35kKnit Women's Suits
Top Product Potential Portugal Lesotho+$12.5kKnit T-shirts

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

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

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