2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Lesotho-Austria Trade: In 2022, Lesotho exported $12.8k to Austria. The main products that Lesotho exported to Austria were Knit Sweaters ($377), Knit Women's Suits ($157), and Knit Men's Shirts ($136). Over the past 5 years the exports of Lesotho to Austria have decreased at an annualized rate of 37.1%, from $130k in 2017 to $12.8k in 2022.

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

Austria-Lesotho Trade: In 2022, Austria exported $68.4k to Lesotho. The main products that Austria exported to Lesotho were Packaged Medicaments ($103k), Used Rubber Tires ($18k), and Other Heating Machinery ($14.4k). Over the past 5 years the exports of Austria to Lesotho have decreased at an annualized rate of 13.5%,  from $141k in 2017 to $68.4k in 2022.

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

Comparison In 2022,  Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $12.8k to Austria. The main products exported from Lesotho to Austria were Knit Sweaters ($377), Knit Women's Suits ($157), and Knit Men's Shirts ($136). During the last 5 years the exports of Lesotho to Austria have decreased at an annualized rate of 37.1%, from $130k in 2017 to $12.8k in 2022.

In 2017, Austria exported $68.4k to Lesotho. The main products exported from Austria to Lesotho were Packaged Medicaments ($103k), Used Rubber Tires ($18k), and Other Heating Machinery ($14.4k). During the last 15 years the exports of Austria to Lesotho have decreased at an annualized rate of 13.5%, from $141k in 2002 to $68.4k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Austria
Top Destination
Germany$57.7B

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

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

In 2022, countries that imported more from Austria than Lesotho included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Lesotho - Austria

Flow
Scale

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

During 2022, Lesotho had a large net trade with Austria in the exports of Textiles ($807), Chemical Products ($3), and Machines ($1).

During 2017, Austria had a large net trade with Lesotho in the exports of Chemical Products ($134k), Machines ($54.6k), and Instruments ($43.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lesotho and Austria. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Lesotho.

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

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