2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186

About

Canada-Lesotho Trade: In 2022, Canada exported $1.89M to Lesotho. The main products that Canada exported to Lesotho were Gas Turbines ($1.57M), Dried Legumes ($115k), and Cars ($79.5k). Over the past 5 years the exports of Canada to Lesotho have increased at an annualized rate of 52.3%, from $231k in 2017 to $1.89M in 2022.

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

Lesotho-Canada Trade: In 2022, Lesotho exported $8.13M to Canada. The main products that Lesotho exported to Canada were Non-Knit Men's Suits ($2.13M), Knit Men's Shirts ($1.59M), and Knit T-shirts ($1.51M). Over the past 5 years the exports of Lesotho to Canada have increased at an annualized rate of 4.44%,  from $6.54M in 2017 to $8.13M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). 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

In 2022, Canada exported $1.89M to Lesotho. The main products exported from Canada to Lesotho were Gas Turbines ($1.57M), Dried Legumes ($115k), and Cars ($79.5k). During the last 5 years the exports of Canada to Lesotho have increased at an annualized rate of 52.3%, from $231k in 2017 to $1.89M in 2022.

In 2017, Lesotho exported $8.13M to Canada. The main products exported from Lesotho to Canada were Non-Knit Men's Suits ($2.13M), Knit Men's Shirts ($1.59M), and Knit T-shirts ($1.51M). During the last 5 years the exports of Lesotho to Canada have increased at an annualized rate of 4.44%, from $6.54M in 2022 to $8.13M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Canada than Lesotho included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Lesotho than Canada included South Africa ($434M) and Eswatini ($11.3M).

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

Comparative Advantage Canada - Lesotho

Flow
Scale

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

During 2022, Canada had a large net trade with Lesotho in the exports of Machines ($1.57M), Vegetable Products ($119k), and Transportation ($116k).

During 2017, Lesotho had a large net trade with Canada in the exports of Textiles ($7.5M), Machines ($598k), and Chemical Products ($20.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Lesotho+$186kCars
Top Product Potential Lesotho Canada+$2.66MNon-Knit Men's Suits

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

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

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