2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 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
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Lesotho-Hong Kong Trade: In 2023, Lesotho exported $10.2k to Hong Kong. The main products that Lesotho exported to Hong Kong were Sewing Machines ($6.01k), Telephones ($2.99k), and Non-Knit Men's Suits ($523). Over the past 5 years the exports of Lesotho to Hong Kong have decreased at an annualized rate of 15%, from $23k in 2018 to $10.2k in 2023.

In 2023, Lesotho did not export any services to Hong Kong.

Hong Kong-Lesotho Trade: In 2023, Hong Kong exported $9.07M to Lesotho. The main products that Hong Kong exported to Lesotho were Plastic Coated Textile Fabric ($1.72M), Light Synthetic Cotton Fabrics ($1.3M), and Paper Labels ($707k). Over the past 5 years the exports of Hong Kong to Lesotho have decreased at an annualized rate of 8.18%,  from $13.9M in 2018 to $9.07M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $10.2k to Hong Kong. The main products exported from Lesotho to Hong Kong were Sewing Machines ($6.01k), Telephones ($2.99k), and Non-Knit Men's Suits ($523). During the last 5 years the exports of Lesotho to Hong Kong have decreased at an annualized rate of 15%, from $23k in 2018 to $10.2k in 2023.

In 2018, Hong Kong exported $9.07M to Lesotho. The main products exported from Hong Kong to Lesotho were Plastic Coated Textile Fabric ($1.72M), Light Synthetic Cotton Fabrics ($1.3M), and Paper Labels ($707k). During the last 5 years the exports of Hong Kong to Lesotho have decreased at an annualized rate of 8.18%, from $13.9M in 2023 to $9.07M in 2018.

Exports from Lesotho (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Lesotho (Flag) (2023)

Latest Data

Trade between Lesotho (Flag) and Hong Kong (Flag)

Lesotho Exports

Hong Kong Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Hong Kong
Top Destination
China$25.3B

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

In 2023, countries that imported more from Lesotho than Hong Kong included South Africa ($351M), Belgium ($295M), and Eswatini ($7.34M).

In 2023, countries that imported more from Hong Kong than Lesotho included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Lesotho (Flag) (2023)

Comparative Advantage Lesotho - Hong Kong

Flow
Scale

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

During 2023, Lesotho had a large net trade with Hong Kong in the exports of Machines ($9.04k), Textiles ($1.14k), and Instruments ($21).

During 2018, Hong Kong had a large net trade with Lesotho in the exports of Textiles ($4.95M), Machines ($1.75M), and Paper Goods ($1.06M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Hong Kong+$5.75kDiamonds
Top Product Potential Hong Kong Lesotho+$341kTelephones

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

Product Space of Lesotho (Flag) and Hong Kong (Flag) (2023)

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