2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 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
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Lesotho-Denmark Trade: In 2023, Lesotho exported $906 to Denmark. The main products that Lesotho exported to Denmark were Non-Knit Men's Shirts ($840) and Precious Stones ($66). Over the past 6 years the exports of Lesotho to Denmark have increased at an annualized rate of 103%, from $13 in 2017 to $906 in 2023.

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

Denmark-Lesotho Trade: In 2023, Denmark exported $340k to Lesotho. The main products that Denmark exported to Lesotho were Computers ($111k), Other Plastic Products ($107k), and Industrial Printers ($80.7k). Over the past 6 years the exports of Denmark to Lesotho have decreased at an annualized rate of 24.3%,  from $1.37M in 2017 to $340k in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $906 to Denmark. The main products exported from Lesotho to Denmark were Non-Knit Men's Shirts ($840) and Precious Stones ($66). During the last 6 years the exports of Lesotho to Denmark have increased at an annualized rate of 103%, from $13 in 2017 to $906 in 2023.

In 2018, Denmark exported $340k to Lesotho. The main products exported from Denmark to Lesotho were Computers ($111k), Other Plastic Products ($107k), and Industrial Printers ($80.7k). During the last 5 years the exports of Denmark to Lesotho have decreased at an annualized rate of 24.3%, from $1.37M in 2023 to $340k in 2018.

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

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

Latest Data

Trade between Lesotho (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Denmark
Top Destination
Germany$14.8B

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

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

In 2023, countries that imported more from Denmark than Lesotho included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

Comparative Advantage Lesotho - Denmark

Flow
Scale

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

During 2023, Lesotho had a large net trade with Denmark in the exports of Textiles ($840) and Precious Metals ($66).

During 2018, Denmark had a large net trade with Lesotho in the exports of Machines ($205k), Plastics and Rubbers ($107k), and Instruments ($19.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Denmark+$3.01kNon-Knit Men's Suits
Top Product Potential Denmark Lesotho+$83.7kComputers

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

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

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