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2023
Flag → Flag
Exports $6Rnk 130 / 130
2023
Flag → Flag
Top Product $6Packaged Medicaments
2023
Flag → Flag
Exports $49.1MRnk 43 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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 $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195

About

Iran-Lesotho Trade: In 2023, Iran exported $6 to Lesotho. The main products that Iran exported to Lesotho were Packaged Medicaments ($6). Over the past 10 years the exports of Iran to Lesotho have decreased at an annualized rate of 69.3%, from $796k in 2013 to $6 in 2023.

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

Lesotho-Iran In N/A, Lesotho did not export any products to Iran.

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

Comparison In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084),  and 92 in total exports ($13.2B). 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, Iran exported $6 to Lesotho. The main products exported from Iran to Lesotho were Packaged Medicaments ($6). During the last 10 years the exports of Iran to Lesotho have decreased at an annualized rate of 69.3%, from $796k in 2013 to $6 in 2023.

Lesotho does not register exports to Iran.

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

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

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Lesotho
Top DestinationSouth Africa$351M

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

In 2023, countries that imported more from Iran than Lesotho included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

In 2023, countries that imported more from Lesotho than Iran included South Africa ($351M), Belgium ($295M), and United States ($228M).

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

Comparative Advantage Iran - Lesotho

Flow
Scale

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

During 2023, Iran had a large net trade with Lesotho in the exports of Chemical Products ($6).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Lesotho+$1.78kRefined Petroleum
Top Product Potential Lesotho Iran+$2.2kLow-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 Iran and Lesotho. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Iran.

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

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