2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

United Kingdom-Lesotho Trade: In 2023, United Kingdom exported $4.87M to Lesotho. The main products that United Kingdom exported to Lesotho were Cars ($2.16M), Delivery Trucks ($1.45M), and Packaged Medicaments ($213k). Over the past 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 10.8%, from $2.92M in 2018 to $4.87M in 2023.

In 2023, United Kingdom did not export any services to Lesotho.

Lesotho-United Kingdom Trade: In 2023, Lesotho exported $5.8M to United Kingdom. The main products that Lesotho exported to United Kingdom were Electrical Power Accessories ($1.71M), Low-voltage Protection Equipment ($1.28M), and High-voltage Protection Equipment ($1M). Over the past 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 25.1%,  from $1.21M in 2018 to $5.8M in 2023.

In 2023, Lesotho did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported $4.87M to Lesotho. The main products exported from United Kingdom to Lesotho were Cars ($2.16M), Delivery Trucks ($1.45M), and Packaged Medicaments ($213k). During the last 5 years the exports of United Kingdom to Lesotho have increased at an annualized rate of 10.8%, from $2.92M in 2018 to $4.87M in 2023.

In 2018, Lesotho exported $5.8M to United Kingdom. The main products exported from Lesotho to United Kingdom were Electrical Power Accessories ($1.71M), Low-voltage Protection Equipment ($1.28M), and High-voltage Protection Equipment ($1M). During the last 5 years the exports of Lesotho to United Kingdom have increased at an annualized rate of 25.1%, from $1.21M in 2023 to $5.8M in 2018.

Exports from United Kingdom (Flag) to Lesotho (Flag) (2023)

Exports from Lesotho (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from United Kingdom than Lesotho included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Lesotho (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Lesotho

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Lesotho in the exports of Transportation ($3.61M), Machines ($356k), and Instruments ($339k).

During 2018, Lesotho had a large net trade with United Kingdom in the exports of Machines ($4.03M), Textiles ($744k), and Precious Metals ($668k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Lesotho+$265kTelephones
Top Product Potential Lesotho United Kingdom+$7.17MDiamonds

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

Product Space of United Kingdom (Flag) and Lesotho (Flag) (2023)

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