2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
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 GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
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GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
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GDP PC
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186

About

Sri Lanka-Lesotho Trade: In 2022, Sri Lanka exported $1.07k to Lesotho. The main products that Sri Lanka exported to Lesotho were Paper Labels ($627), Shaped Paper ($332), and Knit Men's Undergarments ($60). Over the past 5 years the exports of Sri Lanka to Lesotho have increased at an annualized rate of 7.78%, from $737 in 2017 to $1.07k in 2022.

In 2022, Sri Lanka did not export any services to Lesotho.

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

In 2022, Lesotho did not export any services to Sri Lanka.

Comparison In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35),  and 89 in total exports ($14.8B). 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, Sri Lanka exported $1.07k to Lesotho. The main products exported from Sri Lanka to Lesotho were Paper Labels ($627), Shaped Paper ($332), and Knit Men's Undergarments ($60). During the last 5 years the exports of Sri Lanka to Lesotho have increased at an annualized rate of 7.78%, from $737 in 2017 to $1.07k in 2022.

Lesotho does not register exports to Sri Lanka. The main products exported from Lesotho to Sri Lanka were Light Rubberized Knitted Fabric ($273) and Medical Instruments ($45).

Exports from Sri Lanka (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Sri Lanka (Flag) (2022)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Sri Lanka than Lesotho included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, countries that imported more from Lesotho than Sri Lanka included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

Difference in imports from Lesotho (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Lesotho

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Lesotho in the exports of Paper Goods ($959), Textiles ($82), and Machines ($31).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Lesotho+$1.17kNon-Knit Men's Suits
Top Product Potential Lesotho Sri Lanka+$2.97kDiamonds

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

Product Space of Sri Lanka (Flag) and Lesotho (Flag) (2022)

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