2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
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GDP GROWTH
3.06%CURRENT US$
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2022
Flag
 GDP
$579BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
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2022
Flag
GDP PC 
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
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2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Lesotho-Belgium Trade: In 2022, Lesotho exported $298M to Belgium. The main products that Lesotho exported to Belgium were Diamonds ($219M), Broadcasting Equipment ($26.4k), and High-voltage Protection Equipment ($6.39k). Over the past 5 years the exports of Lesotho to Belgium have increased at an annualized rate of 73.6%, from $18.9M in 2017 to $298M in 2022.

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

Belgium-Lesotho Trade: In 2022, Belgium exported $2.86M to Lesotho. The main products that Belgium exported to Lesotho were Vaccines, blood, antisera, toxins and cultures ($5.2M), Looms ($1.1M), and Animal Food ($495k). Over the past 5 years the exports of Belgium to Lesotho have increased at an annualized rate of 92.8%,  from $107k in 2017 to $2.86M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $298M to Belgium. The main products exported from Lesotho to Belgium were Diamonds ($219M), Broadcasting Equipment ($26.4k), and High-voltage Protection Equipment ($6.39k). During the last 5 years the exports of Lesotho to Belgium have increased at an annualized rate of 73.6%, from $18.9M in 2017 to $298M in 2022.

In 2017, Belgium exported $2.86M to Lesotho. The main products exported from Belgium to Lesotho were Vaccines, blood, antisera, toxins and cultures ($5.2M), Looms ($1.1M), and Animal Food ($495k). During the last 17 years the exports of Belgium to Lesotho have increased at an annualized rate of 92.8%, from $107k in 2000 to $2.86M in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Belgium (Flag)

Lesotho Exports

Belgium Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Belgium
Top Destination
Germany$91.9B

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

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

In 2022, countries that imported more from Belgium than Lesotho included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Lesotho - Belgium

Flow
Scale

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

During 2022, Lesotho had a large net trade with Belgium in the exports of Precious Metals ($219M), Machines ($36.3k), and Stone And Glass ($4.03k).

During 2017, Belgium had a large net trade with Lesotho in the exports of Chemical Products ($5.94M), Machines ($1.2M), and Foodstuffs ($498k).

Economic Complexity

Competitive Landscape

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

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

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