2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 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

Italy-Lesotho Trade: In 2022, Italy exported $2.05M to Lesotho. The main products that Italy exported to Lesotho were Knitting Machine Accessories ($375k), Medical Instruments ($323k), and Integrated Circuits ($174k). Over the past 5 years the exports of Italy to Lesotho have increased at an annualized rate of 15.5%, from $995k in 2017 to $2.05M in 2022.

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

Lesotho-Italy Trade: In 2022, Lesotho exported $3.47k to Italy. The main products that Lesotho exported to Italy were Knitting Machine Accessories ($2.02k), Cameras ($1.08k), and Office Machine Parts ($203). Over the past 5 years the exports of Lesotho to Italy have decreased at an annualized rate of 26.8%,  from $16.5k in 2017 to $3.47k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $2.05M to Lesotho. The main products exported from Italy to Lesotho were Knitting Machine Accessories ($375k), Medical Instruments ($323k), and Integrated Circuits ($174k). During the last 5 years the exports of Italy to Lesotho have increased at an annualized rate of 15.5%, from $995k in 2017 to $2.05M in 2022.

In 2017, Lesotho exported $3.47k to Italy. The main products exported from Lesotho to Italy were Knitting Machine Accessories ($2.02k), Cameras ($1.08k), and Office Machine Parts ($203). During the last 5 years the exports of Lesotho to Italy have decreased at an annualized rate of 26.8%, from $16.5k in 2022 to $3.47k in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Italy than Lesotho included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Lesotho than Italy included Eswatini ($11.3M).

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

Comparative Advantage Italy - Lesotho

Flow
Scale

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

During 2022, Italy had a large net trade with Lesotho in the exports of Machines ($982k), Instruments ($492k), and Foodstuffs ($186k).

During 2017, Lesotho had a large net trade with Italy in the exports of Machines ($2.33k), Instruments ($1.11k), and Textiles ($27).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Lesotho+$121kVaccines, blood, antisera, toxins and cultures
Top Product Potential Lesotho Italy+$4.46kDiamonds

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

Product Space of Italy (Flag) and Lesotho (Flag) (2022)

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