2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Lesotho-Russia Trade: In 2021, Lesotho exported $72k to Russia. The main products that Lesotho exported to Russia were N/A. Over the past 5 years the exports of Lesotho to Russia have increased at an annualized rate of 10%, from $44.7k in 2016 to $72k in 2021.

In 2021, Lesotho did not export any services to Russia.

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

In 2019, Russia exported services to Lesotho worth $8k, with Communications services ($8k) being the largest in terms of value.

Comparison In 2022,  Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Lesotho exported $72k to Russia. There were not main exports from Lesotho to Russia in 2021. During the last 5 years the exports of Lesotho to Russia have increased at an annualized rate of 10%, from $44.7k in 2016 to $72k in 2021.

Russia does not register exports to Lesotho. The main products exported from Russia to Lesotho were Integrated Circuits ($5).

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

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

Latest Data

Trade between Lesotho (Flag) and Russia (Flag)

Russia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Lesotho than Russia included Eswatini ($11.3M), Ghana ($15.7k), and Zambia ($11.8k).

In 2022, countries that imported more from Russia than Lesotho included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Lesotho - Russia

Flow
Scale

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

During 2021, Lesotho had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Russia+$3.68kDiamonds
Top Product Potential Russia Lesotho+$4.67kRefined 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

Bilateral Service Trade

In 2019, Russia exported services to Lesotho worth $8k, with Communications services ($8k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Lesotho (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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