2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 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
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Lesotho-Belarus Trade: In 2019, Lesotho exported $700 to Belarus. The main products that Lesotho exported to Belarus were N/A. Over the past 14 years the exports of Lesotho to Belarus have decreased at an annualized rate of 18%, from $11.2k in 2005 to $700 in 2019.

In 2019, Lesotho did not export any services to Belarus.

Belarus-Lesotho Trade: In 2019, Belarus exported $400 to Lesotho. The main products that Belarus exported to Lesotho were N/A. Over the past 14 years the exports of Belarus to Lesotho have decreased at an annualized rate of 28.2%,  from $2.1k in 2005 to $400 in 2019.

In 2014, Belarus exported services to Lesotho worth $2.01M, with Insurance services ($2.01M) being the largest in terms of value.

Comparison In 2022,  Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Lesotho exported $700 to Belarus. There were not main exports from Lesotho to Belarus in 2019. During the last 14 years the exports of Lesotho to Belarus have decreased at an annualized rate of 18%, from $11.2k in 2005 to $700 in 2019.

In 2016, Belarus exported $400 to Lesotho. There were not main exports from Belarus to Lesotho in 2016. During the last 5 years the exports of Belarus to Lesotho have decreased at an annualized rate of 28.2%, from $2.1k in 2021 to $400 in 2016.

Exports from Lesotho (Flag) to Belarus (Flag) (2021)

Exports from Belarus (Flag) to Lesotho (Flag) (2021)

Latest Data

Trade between Lesotho (Flag) and Belarus (Flag)

Belarus Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Lesotho than Belarus included South Africa ($434M), Belgium ($219M), and United States ($327M).

In 2022, countries that imported more from Belarus than Lesotho included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

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

Comparative Advantage Lesotho - Belarus

Flow
Scale

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

During 2019, Lesotho had a large net trade with Belarus in the exports of .

During 2016, Belarus had a large net trade with Lesotho in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Belarus+$1.61kDiamonds
Top Product Potential Belarus Lesotho+$1.34kRefined Petroleum

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

Product Space of Lesotho (Flag) and Belarus (Flag) (2021)

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