2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 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

Chile-Lesotho Trade: In 2020, Chile exported $1.17k to Lesotho. The main products that Chile exported to Lesotho were N/A. Over the past 8 years the exports of Chile to Lesotho have decreased at an annualized rate of 48.4%, from $232k in 2012 to $1.17k in 2020.

In 2020, Chile did not export any services to Lesotho.

Lesotho-Chile Trade: In 2020, Lesotho exported $1.28k to Chile. The main products that Lesotho exported to Chile were Knit Men's Shirts ($777), Other Knit Garments ($217), and Hair Trimmers ($212). Over the past 8 years the exports of Lesotho to Chile have decreased at an annualized rate of 62.2%,  from $166k in 2012 to $1.28k in 2020.

In 2020, Lesotho did not export any services to Chile.

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). 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 2020, Chile exported $1.17k to Lesotho. There were not main exports from Chile to Lesotho in 2020. During the last 8 years the exports of Chile to Lesotho have decreased at an annualized rate of 48.4%, from $232k in 2012 to $1.17k in 2020.

In 2017, Lesotho exported $1.28k to Chile. The main products exported from Lesotho to Chile were Knit Men's Shirts ($777), Other Knit Garments ($217), and Hair Trimmers ($212). During the last 5 years the exports of Lesotho to Chile have decreased at an annualized rate of 62.2%, from $166k in 2022 to $1.28k in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Chile than Lesotho included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Lesotho than Chile included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

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

Comparative Advantage Chile - Lesotho

Flow
Scale

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

During 2020, Chile had a large net trade with Lesotho in the exports of .

During 2017, Lesotho had a large net trade with Chile in the exports of Textiles ($1.07k), Machines ($212), and Vegetable Products ($2).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Lesotho+$2.17kRefined Petroleum
Top Product Potential Lesotho Chile+$6.71kKnit Men's Shirts

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

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

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