Bulgaria (BGR) and Lesotho (LSO) Trade | The Observatory of Economic Complexity

About

Bulgaria-Lesotho Trade: In 2023, Bulgaria exported $227k to Lesotho. The main products that Bulgaria exported to Lesotho were LCDs ($146k), Broadcasting Equipment ($39.4k), and Low-voltage Protection Equipment ($38.6k). Over the past 5 years the exports of Bulgaria to Lesotho have increased at an annualized rate of 55.8%, from $24.7k in 2018 to $227k in 2023.

In 2023, Bulgaria did not export any services to Lesotho.

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

In 2023, Lesotho did not export any services to Bulgaria.

Comparison In 2023, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bulgaria exported $227k to Lesotho. The main products exported from Bulgaria to Lesotho were LCDs ($146k), Broadcasting Equipment ($39.4k), and Low-voltage Protection Equipment ($38.6k). During the last 5 years the exports of Bulgaria to Lesotho have increased at an annualized rate of 55.8%, from $24.7k in 2018 to $227k in 2023.

Lesotho does not register exports to Bulgaria.

Exports from Bulgaria () to Lesotho () (2023)

Exports from Lesotho () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Lesotho ()

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.84B

Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Bulgaria than Lesotho included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

In 2023, countries that imported more from Lesotho than Bulgaria included South Africa ($351M), Eswatini ($7.34M), and Botswana ($1.49M).

Difference in imports from Lesotho () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Lesotho

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bulgaria had a large net trade with Lesotho in the exports of Instruments ($146k), Machines ($78.1k), and Chemical Products ($2.16k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Lesotho+$28.2kOther Edible Preparations

Top Product Potential Lesotho Bulgaria+$2.06kLow-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.

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Lesotho () (2023)

Exports from Lesotho () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Lesotho ()

Bulgaria Exports

Market Competitiveness

Difference in imports from Lesotho () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Lesotho

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Lesotho () (2023)

Keep Exploring