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Pricing

2023
Flag → Flag
Exports $3.89kRnk 81 / 105
2023
Flag → Flag
Top Product $2.55kLow-voltage Protection Equipment
2023
Flag → Flag
Exports $23.4kRnk 180 / 183
2023
Flag → Flag
Top Product $23.4kFish Fillets
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC $916CURRENT US$
Rnk 180 / 195
2013-2023
Flag
GDP PC GROWTH-20.4%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Lesotho-Chile Trade: In 2023, Lesotho exported $3.89k to Chile. The main products that Lesotho exported to Chile were Low-voltage Protection Equipment ($2.55k), Electrical Transformers ($737), and Other Electrical Machinery ($242). Over the past 5 years the exports of Lesotho to Chile have decreased at an annualized rate of 10.5%, from $6.79k in 2018 to $3.89k in 2023.

In 2023, Lesotho did not export any services to Chile.

Chile-Lesotho Trade: In 2023, Chile exported $23.4k to Lesotho. The main products that Chile exported to Lesotho were Fish Fillets ($23.4k) and Unpackaged Medicaments ($34). Over the past 5 years the exports of Chile to Lesotho have increased at an annualized rate of 88.5%,  from $983 in 2018 to $23.4k in 2023.

In 2023, Chile did not export any services to Lesotho.

Comparison In 2023,  Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index. That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $3.89k to Chile. The main products exported from Lesotho to Chile were Low-voltage Protection Equipment ($2.55k), Electrical Transformers ($737), and Other Electrical Machinery ($242). During the last 5 years the exports of Lesotho to Chile have decreased at an annualized rate of 10.5%, from $6.79k in 2018 to $3.89k in 2023.

In 2018, Chile exported $23.4k to Lesotho. The main products exported from Chile to Lesotho were Fish Fillets ($23.4k) and Unpackaged Medicaments ($34). During the last 5 years the exports of Chile to Lesotho have increased at an annualized rate of 88.5%, from $983 in 2023 to $23.4k in 2018.

Exports from Lesotho (Flag) to Chile (Flag) (2023)

Exports from Chile (Flag) to Lesotho (Flag) (2023)

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$351M
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Lesotho than Chile included South Africa ($351M), Eswatini ($7.34M), and Botswana ($1.49M).

In 2023, countries that imported more from Chile than Lesotho included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

Difference in imports from Chile (Flag) and Lesotho (Flag) (2023)

Comparative Advantage Lesotho - Chile

Flow
Scale

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

During 2023, Lesotho had a large net trade with Chile in the exports of Machines ($3.6k) and Textiles ($294).

During 2018, Chile had a large net trade with Lesotho in the exports of Animal Products ($23.4k) and Chemical Products ($34).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Chile+$6.71kKnit Men's Shirts
Top Product Potential Chile Lesotho+$2.17kRefined 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 Chile. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Lesotho.

Product Space of Lesotho (Flag) and Chile (Flag) (2023)

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