2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

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

Lesotho-Bolivia Trade: In N/A, Lesotho exported $17.8k to Bolivia. The main products that Lesotho exported to Bolivia were Low-voltage Protection Equipment ($14.2k), Office Machine Parts ($1.4k), and Optical Fibers and optical fibre bundles ($479). Over the past N/A years the exports of Lesotho to Bolivia have increased at an annualized rate of 134%,  from $251 in N/A to $17.8k in N/A.

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

Comparison In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85),  and 103 in total exports ($10.6B). 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
Value

Bolivia does not register exports to Lesotho.

In 2018, Lesotho exported $17.8k to Bolivia. The main products exported from Lesotho to Bolivia were Low-voltage Protection Equipment ($14.2k), Office Machine Parts ($1.4k), and Optical Fibers and optical fibre bundles ($479). During the last 5 years the exports of Lesotho to Bolivia have increased at an annualized rate of 134%, from $251 in 2023 to $17.8k in 2018.

Exports from Bolivia (Flag) to Lesotho (Flag) (2023)

Exports from Lesotho (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Bolivia than Lesotho included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

In 2023, countries that imported more from Lesotho than Bolivia included South Africa ($351M), Belgium ($295M), and Singapore ($8.07M).

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

Comparative Advantage Bolivia - Lesotho

Flow
Scale

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

During 2018, Lesotho had a large net trade with Bolivia in the exports of Machines ($16.3k), Instruments ($1.24k), and Plastics and Rubbers ($128).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Lesotho+$1.84kPetroleum Gas
Top Product Potential Lesotho Bolivia+$9.35kLow-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 Bolivia and Lesotho. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and Lesotho (Flag) (2023)

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