2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 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 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Brazil-Lesotho Trade: In 2023, Brazil exported $403k to Lesotho. The main products that Brazil exported to Lesotho were Poultry Meat ($221k), Other Firearms ($79.7k), and Handguns ($74.1k). Over the past 5 years the exports of Brazil to Lesotho have increased at an annualized rate of 62.8%, from $35.2k in 2018 to $403k in 2023.

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

Lesotho-Brazil Trade: In 2023, Lesotho exported $7.95k to Brazil. The main products that Lesotho exported to Brazil were Low-voltage Protection Equipment ($7.5k) and Brooms ($457). Over the past 5 years the exports of Lesotho to Brazil have decreased at an annualized rate of 16.1%,  from $38.6k in 2018 to $7.95k in 2023.

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

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). 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 2023, Brazil exported $403k to Lesotho. The main products exported from Brazil to Lesotho were Poultry Meat ($221k), Other Firearms ($79.7k), and Handguns ($74.1k). During the last 5 years the exports of Brazil to Lesotho have increased at an annualized rate of 62.8%, from $35.2k in 2018 to $403k in 2023.

In 2018, Lesotho exported $7.95k to Brazil. The main products exported from Lesotho to Brazil were Low-voltage Protection Equipment ($7.5k) and Brooms ($457). During the last 5 years the exports of Lesotho to Brazil have decreased at an annualized rate of 16.1%, from $38.6k in 2023 to $7.95k in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Brazil than Lesotho included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Lesotho than Brazil included Eswatini ($7.34M).

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

Comparative Advantage Brazil - Lesotho

Flow
Scale

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

During 2023, Brazil had a large net trade with Lesotho in the exports of Animal Products ($221k), Weapons ($154k), and Footwear and Headwear ($22.5k).

During 2018, Lesotho had a large net trade with Brazil in the exports of Machines ($7.5k) and Miscellaneous ($457).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Lesotho+$36kLeather Footwear
Top Product Potential Lesotho Brazil+$63.2kLow-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 Brazil and Lesotho. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Brazil.

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

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