2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 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
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Lesotho-Costa Rica Trade: In 2022, Lesotho exported $23.9k to Costa Rica. The main products that Lesotho exported to Costa Rica were Non-Knit Babies' Garments ($15.3k), Knit Men's Shirts ($8.01k), and Non-Knit Men's Suits ($341). Over the past 5 years the exports of Lesotho to Costa Rica have decreased at an annualized rate of 12.6%, from $46.9k in 2017 to $23.9k in 2022.

In 2022, Lesotho did not export any services to Costa Rica.

Costa Rica-Lesotho In N/A, Costa Rica did not export any products to Lesotho.

In 2022, Costa Rica 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, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $23.9k to Costa Rica. The main products exported from Lesotho to Costa Rica were Non-Knit Babies' Garments ($15.3k), Knit Men's Shirts ($8.01k), and Non-Knit Men's Suits ($341). During the last 5 years the exports of Lesotho to Costa Rica have decreased at an annualized rate of 12.6%, from $46.9k in 2017 to $23.9k in 2022.

Costa Rica does not register exports to Lesotho.

Exports from Lesotho (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Lesotho (Flag) (2022)

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Costa Rica
Top Destination
United States$6.83B

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

In 2022, countries that imported more from Lesotho than Costa Rica included South Africa ($434M), United Arab Emirates ($73.6M), and Eswatini ($11.3M).

In 2022, countries that imported more from Costa Rica than Lesotho included United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

Difference in imports from Costa Rica (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - Costa Rica

Flow
Scale

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

During 2022, Lesotho had a large net trade with Costa Rica in the exports of Textiles ($23.9k) and Plastics and Rubbers ($16).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Costa Rica+$18.4kKnit Men's Shirts
Top Product Potential Costa Rica Lesotho+$1.32kMedical Instruments

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

Product Space of Lesotho (Flag) and Costa Rica (Flag) (2022)

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