2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Lesotho-Indonesia Trade: In 2023, Lesotho exported $341 to Indonesia. The main products that Lesotho exported to Indonesia were Low-voltage Protection Equipment ($272) and Tool Plates ($69). Over the past 5 years the exports of Lesotho to Indonesia have decreased at an annualized rate of 78.1%, from $678k in 2018 to $341 in 2023.

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

Indonesia-Lesotho Trade: In 2023, Indonesia exported $39.1k to Lesotho. The main products that Indonesia exported to Lesotho were Vaccines, blood, antisera, toxins and cultures ($36.3k), Packaged Medicaments ($2.02k), and Low-voltage Protection Equipment ($313). Over the past 5 years the exports of Indonesia to Lesotho have decreased at an annualized rate of 31.8%,  from $265k in 2018 to $39.1k in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $341 to Indonesia. The main products exported from Lesotho to Indonesia were Low-voltage Protection Equipment ($272) and Tool Plates ($69). During the last 5 years the exports of Lesotho to Indonesia have decreased at an annualized rate of 78.1%, from $678k in 2018 to $341 in 2023.

In 2018, Indonesia exported $39.1k to Lesotho. The main products exported from Indonesia to Lesotho were Vaccines, blood, antisera, toxins and cultures ($36.3k), Packaged Medicaments ($2.02k), and Low-voltage Protection Equipment ($313). During the last 5 years the exports of Indonesia to Lesotho have decreased at an annualized rate of 31.8%, from $265k in 2023 to $39.1k in 2018.

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

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

Latest Data

Trade between Lesotho (Flag) and Indonesia (Flag)

Lesotho Exports

Indonesia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Lesotho than Indonesia included Eswatini ($7.34M).

In 2023, countries that imported more from Indonesia than Lesotho included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Lesotho - Indonesia

Flow
Scale

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

During 2023, Lesotho had a large net trade with Indonesia in the exports of Machines ($272) and Metals ($69).

During 2018, Indonesia had a large net trade with Lesotho in the exports of Chemical Products ($38.3k), Textiles ($354), and Machines ($313).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Indonesia+$6.97kExcavation Machinery
Top Product Potential Indonesia Lesotho+$3.2kRefined Petroleum

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

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

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