2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
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GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Lesotho-Kuwait Trade: In 2022, Lesotho exported $11.4k to Kuwait. The main products that Lesotho exported to Kuwait were Non-Knit Women's Suits ($6.81k), Knit Women's Suits ($2.14k), and Knit Men's Suits ($1.19k). Over the past 5 years the exports of Lesotho to Kuwait have increased at an annualized rate of 0.2%, from $11.3k in 2017 to $11.4k in 2022.

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

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

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $11.4k to Kuwait. The main products exported from Lesotho to Kuwait were Non-Knit Women's Suits ($6.81k), Knit Women's Suits ($2.14k), and Knit Men's Suits ($1.19k). During the last 5 years the exports of Lesotho to Kuwait have increased at an annualized rate of 0.2%, from $11.3k in 2017 to $11.4k in 2022.

Kuwait does not register exports to Lesotho. The main products exported from Kuwait to Lesotho were Refined Petroleum ($84.2k), Cars ($15.9k), and Broadcasting Equipment ($525).

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

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

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Lesotho than Kuwait included Belgium ($219M), Eswatini ($11.3M), and Mexico ($4.23M).

In 2022, countries that imported more from Kuwait than Lesotho included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Lesotho - Kuwait

Flow
Scale

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

During 2022, Lesotho had a large net trade with Kuwait in the exports of Textiles ($11.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Kuwait+$33.5kNon-Knit Women's Suits
Top Product Potential Kuwait Lesotho+$3.24kRefined 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 Kuwait. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Lesotho.

Product Space of Lesotho (Flag) and Kuwait (Flag) (2022)

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