2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
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GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$1,107CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
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About

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

Lesotho-Paraguay Trade: In N/A, Lesotho exported $87 to Paraguay. The main products that Lesotho exported to Paraguay were Ceramic Tableware ($87). Over the past N/A years the exports of Lesotho to Paraguay have decreased at an annualized rate of 43.2%,  from $1.47k in N/A to $87 in N/A.

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

Comparison In 2022,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34),  and 103 in total exports ($10.1B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Paraguay does not register exports to Lesotho.

In 2017, Lesotho exported $87 to Paraguay. The main products exported from Lesotho to Paraguay were Ceramic Tableware ($87). During the last 5 years the exports of Lesotho to Paraguay have decreased at an annualized rate of 43.2%, from $1.47k in 2022 to $87 in 2017.

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

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

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Paraguay than Lesotho included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

In 2022, countries that imported more from Lesotho than Paraguay included South Africa ($434M), Belgium ($219M), and United States ($327M).

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

Comparative Advantage Paraguay - Lesotho

Flow
Scale

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

During 2017, Lesotho had a large net trade with Paraguay in the exports of Stone And Glass ($87).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Paraguay Lesotho+$1.92kElectricity
Top Product Potential Lesotho Paraguay+$1.62kLow-voltage Protection Equipment

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

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

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