2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Lesotho-Denmark Trade: In 2022, Lesotho exported $24.6k to Denmark. The main products that Lesotho exported to Denmark were Blankets ($24.6k). Over the past 7 years the exports of Lesotho to Denmark have increased at an annualized rate of 91.8%, from $258 in 2015 to $24.6k in 2022.

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

Denmark-Lesotho Trade: In 2022, Denmark exported $1.85M to Lesotho. The main products that Denmark exported to Lesotho were Other Cloth Articles ($1.03M), Medical Instruments ($302k), and Packaged Medicaments ($118k). Over the past 7 years the exports of Denmark to Lesotho have increased at an annualized rate of 53.4%,  from $217k in 2015 to $1.85M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $24.6k to Denmark. The main products exported from Lesotho to Denmark were Blankets ($24.6k). During the last 7 years the exports of Lesotho to Denmark have increased at an annualized rate of 91.8%, from $258 in 2015 to $24.6k in 2022.

In 2017, Denmark exported $1.85M to Lesotho. The main products exported from Denmark to Lesotho were Other Cloth Articles ($1.03M), Medical Instruments ($302k), and Packaged Medicaments ($118k). During the last 5 years the exports of Denmark to Lesotho have increased at an annualized rate of 53.4%, from $217k in 2022 to $1.85M in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Denmark
Top Destination
Germany$18.9B

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 2022, countries that imported more from Lesotho than Denmark included South Africa ($434M) and Eswatini ($11.3M).

In 2022, countries that imported more from Denmark than Lesotho included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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 2022, Lesotho had a large net trade with Denmark in the exports of Textiles ($24.6k).

During 2017, Denmark had a large net trade with Lesotho in the exports of Textiles ($1.05M), Instruments ($354k), and Machines ($195k).

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) (2022)

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