2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 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
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Lesotho-Honduras Trade: In 2021, Lesotho exported $13.6k to Honduras. The main products that Lesotho exported to Honduras were N/A. Over the past 5 years the exports of Lesotho to Honduras have decreased at an annualized rate of 24.9%, from $56.7k in 2016 to $13.6k in 2021.

In 2021, Lesotho did not export any services to Honduras.

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

In 2021, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Lesotho exported $13.6k to Honduras. There were not main exports from Lesotho to Honduras in 2021. During the last 5 years the exports of Lesotho to Honduras have decreased at an annualized rate of 24.9%, from $56.7k in 2016 to $13.6k in 2021.

Honduras does not register exports to Lesotho.

Exports from Lesotho (Flag) to Honduras (Flag) (2021)

Exports from Honduras (Flag) to Lesotho (Flag) (2021)

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Honduras
Top Destination
United States$6.31B

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

In 2022, countries that imported more from Lesotho than Honduras included South Africa ($434M), Belgium ($219M), and United Arab Emirates ($73.6M).

In 2022, countries that imported more from Honduras than Lesotho included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Lesotho - Honduras

Flow
Scale

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

During 2021, Lesotho had a large net trade with Honduras in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Honduras+$1.92kKnit T-shirts
Top Product Potential Honduras Lesotho+$1.39kKnit T-shirts

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

Product Space of Lesotho (Flag) and Honduras (Flag) (2021)

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