2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Germany-Lesotho Trade: In 2023, Germany exported $5.16M to Lesotho. The main products that Germany exported to Lesotho were Cars ($1.77M), Documents of title (bonds etc) and unused stamps ($1.51M), and Knitting Machine Accessories ($503k). Over the past 5 years the exports of Germany to Lesotho have decreased at an annualized rate of 11.2%, from $9.32M in 2018 to $5.16M in 2023.

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

Lesotho-Germany Trade: In 2023, Lesotho exported $7.11M to Germany. The main products that Lesotho exported to Germany were Tea ($1.47M), Perfume Plants ($1.43M), and Dried Fruits ($1.35M). Over the past 5 years the exports of Lesotho to Germany have increased at an annualized rate of 0.58%,  from $6.9M in 2018 to $7.11M in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). 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, Germany exported $5.16M to Lesotho. The main products exported from Germany to Lesotho were Cars ($1.77M), Documents of title (bonds etc) and unused stamps ($1.51M), and Knitting Machine Accessories ($503k). During the last 5 years the exports of Germany to Lesotho have decreased at an annualized rate of 11.2%, from $9.32M in 2018 to $5.16M in 2023.

In 2018, Lesotho exported $7.11M to Germany. The main products exported from Lesotho to Germany were Tea ($1.47M), Perfume Plants ($1.43M), and Dried Fruits ($1.35M). During the last 5 years the exports of Lesotho to Germany have increased at an annualized rate of 0.58%, from $6.9M in 2023 to $7.11M in 2018.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Germany than Lesotho included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Lesotho than from Germany.

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

Comparative Advantage Germany - Lesotho

Flow
Scale

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

During 2023, Germany had a large net trade with Lesotho in the exports of Transportation ($1.78M), Paper Goods ($1.52M), and Machines ($877k).

During 2018, Lesotho had a large net trade with Germany in the exports of Vegetable Products ($5.54M), Textiles ($1.26M), and Machines ($293k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Lesotho+$116kOther Measuring Instruments
Top Product Potential Lesotho Germany+$1.07MLow-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 Germany and Lesotho. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Germany.

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

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