2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 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

Germany-Lesotho Trade: In 2022, Germany exported $6.41M to Lesotho. The main products that Germany exported to Lesotho were Cars ($2.16M), Wheat ($1.66M), and Other Office Machines ($688k). Over the past 5 years the exports of Germany to Lesotho have increased at an annualized rate of 25.4%, from $2.07M in 2017 to $6.41M in 2022.

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

Lesotho-Germany Trade: In 2022, Lesotho exported $8.79M to Germany. The main products that Lesotho exported to Germany were Knit Women's Suits ($3.11M), Perfume Plants ($2.08M), and Dried Fruits ($906k). Over the past 5 years the exports of Lesotho to Germany have increased at an annualized rate of 4.84%,  from $6.94M in 2017 to $8.79M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). 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, Germany exported $6.41M to Lesotho. The main products exported from Germany to Lesotho were Cars ($2.16M), Wheat ($1.66M), and Other Office Machines ($688k). During the last 5 years the exports of Germany to Lesotho have increased at an annualized rate of 25.4%, from $2.07M in 2017 to $6.41M in 2022.

In 2017, Lesotho exported $8.79M to Germany. The main products exported from Lesotho to Germany were Knit Women's Suits ($3.11M), Perfume Plants ($2.08M), and Dried Fruits ($906k). During the last 5 years the exports of Lesotho to Germany have increased at an annualized rate of 4.84%, from $6.94M in 2022 to $8.79M in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Lesotho
Top Destination
South Africa$434M

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 2022, countries that imported more from Germany than Lesotho included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Lesotho than from Germany.

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

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 2022, Germany had a large net trade with Lesotho in the exports of Transportation ($2.16M), Vegetable Products ($1.85M), and Machines ($1.43M).

During 2017, Lesotho had a large net trade with Germany in the exports of Vegetable Products ($4.52M), Textiles ($3.91M), and Machines ($368k).

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) (2022)

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