2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 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 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Chile-Lesotho Trade: In 2023, Chile exported $23.4k to Lesotho. The main products that Chile exported to Lesotho were Fish Fillets ($23.4k) and Unpackaged Medicaments ($34). Over the past 10 years the exports of Chile to Lesotho have decreased at an annualized rate of 22.8%, from $313k in 2013 to $23.4k in 2023.

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

Lesotho-Chile Trade: In 2023, Lesotho exported $3.89k to Chile. The main products that Lesotho exported to Chile were Low-voltage Protection Equipment ($2.55k), Electrical Transformers ($737), and Other Electrical Machinery ($242). Over the past 10 years the exports of Lesotho to Chile have decreased at an annualized rate of 10.5%,  from $6.79k in 2013 to $3.89k in 2023.

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

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). 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, Chile exported $23.4k to Lesotho. The main products exported from Chile to Lesotho were Fish Fillets ($23.4k) and Unpackaged Medicaments ($34). During the last 10 years the exports of Chile to Lesotho have decreased at an annualized rate of 22.8%, from $313k in 2013 to $23.4k in 2023.

In 2018, Lesotho exported $3.89k to Chile. The main products exported from Lesotho to Chile were Low-voltage Protection Equipment ($2.55k), Electrical Transformers ($737), and Other Electrical Machinery ($242). During the last 5 years the exports of Lesotho to Chile have decreased at an annualized rate of 10.5%, from $6.79k in 2023 to $3.89k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Lesotho
Top Destination
South Africa$351M

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 2023, countries that imported more from Chile than Lesotho included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

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

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 2023, Chile had a large net trade with Lesotho in the exports of Animal Products ($23.4k) and Chemical Products ($34).

During 2018, Lesotho had a large net trade with Chile in the exports of Machines ($3.6k) and Textiles ($294).

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.

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

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) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with