2023
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GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
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 GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
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GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
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GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
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GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Russia-Lesotho Trade: In 2022, Russia exported $5 to Lesotho. The main products that Russia exported to Lesotho were N/A. Over the past 6 years the exports of Russia to Lesotho have decreased at an annualized rate of 78.2%, from $46.8k in 2016 to $5 in 2022.

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

Lesotho-Russia Trade: In 2022, Lesotho exported $72k to Russia. The main products that Lesotho exported to Russia were N/A. Over the past 6 years the exports of Lesotho to Russia have increased at an annualized rate of 10%,  from $44.7k in 2016 to $72k in 2022.

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

Comparison In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3),  and 18 in total exports ($394B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $5 to Lesotho. There were not main exports from Russia to Lesotho in 2022. During the last 6 years the exports of Russia to Lesotho have decreased at an annualized rate of 78.2%, from $46.8k in 2016 to $5 in 2022.

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

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Russia than Lesotho included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Lesotho than Russia included Eswatini ($7.34M), Botswana ($1.49M), and Cameroon ($319k).

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

Comparative Advantage Russia - Lesotho

Flow
Scale

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

During 2022, Russia had a large net trade with Lesotho in the exports of .

During 2016, Lesotho had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

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

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

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

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