2023
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GDP
$551BCURRENT US$
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2013-2023
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GDP GROWTH
127%CURRENT US$
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2023
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 GDP
$2.12BCURRENT US$
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2013-2023
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GDP GROWTH
-10.5%CURRENT US$
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2023
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GDP PC 
$103,888CURRENT US$
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2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
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2023
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GDP PC
$916CURRENT US$
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2013-2023
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GDP PC GROWTH
-20.4%CURRENT US$
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About

Ireland-Lesotho Trade: In 2023, Ireland exported $228k to Lesotho. The main products that Ireland exported to Lesotho were Unpackaged Medicaments ($76.4k), Poultry Meat ($69.4k), and Packaged Medicaments ($16.5k). Over the past 5 years the exports of Ireland to Lesotho have decreased at an annualized rate of 21.6%, from $767k in 2018 to $228k in 2023.

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

Lesotho-Ireland Trade: In 2023, Lesotho exported $149k to Ireland. The main products that Lesotho exported to Ireland were Low-voltage Protection Equipment ($136k), Knit Men's Shirts ($2.88k), and Knit T-shirts ($2.78k). Over the past 5 years the exports of Lesotho to Ireland have increased at an annualized rate of 35.4%,  from $32.7k in 2018 to $149k in 2023.

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

Comparison In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). 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, Ireland exported $228k to Lesotho. The main products exported from Ireland to Lesotho were Unpackaged Medicaments ($76.4k), Poultry Meat ($69.4k), and Packaged Medicaments ($16.5k). During the last 5 years the exports of Ireland to Lesotho have decreased at an annualized rate of 21.6%, from $767k in 2018 to $228k in 2023.

In 2018, Lesotho exported $149k to Ireland. The main products exported from Lesotho to Ireland were Low-voltage Protection Equipment ($136k), Knit Men's Shirts ($2.88k), and Knit T-shirts ($2.78k). During the last 5 years the exports of Lesotho to Ireland have increased at an annualized rate of 35.4%, from $32.7k in 2023 to $149k in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Ireland than Lesotho included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - Lesotho

Flow
Scale

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

During 2023, Ireland had a large net trade with Lesotho in the exports of Chemical Products ($95k), Animal Products ($69.4k), and Machines ($16.6k).

During 2018, Lesotho had a large net trade with Ireland in the exports of Machines ($137k), Textiles ($11.3k), and Vegetable Products ($26).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Lesotho+$7.85kOffice Machine Parts
Top Product Potential Lesotho Ireland+$113kLow-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 Ireland and Lesotho. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Ireland.

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

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