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Pricing

2022
Flag → Flag
Exports $318Rnk 93 / 107
2022
Flag → Flag
Top Product $273Light Rubberized Knitted Fabric
2022
Flag → Flag
Exports $1.07kRnk 193 / 194
2022
Flag → Flag
Top Product $627Paper Labels
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Lesotho-Sri Lanka Trade: In 2022, Lesotho exported $318 to Sri Lanka. The main products that Lesotho exported to Sri Lanka were Light Rubberized Knitted Fabric ($273) and Medical Instruments ($45). Over the past 10 years the exports of Lesotho to Sri Lanka have decreased at an annualized rate of 43.5%, from $95.2k in 2012 to $318 in 2022.

In 2022, Lesotho did not export any services to Sri Lanka.

Sri Lanka-Lesotho Trade: In 2022, Sri Lanka exported $1.07k to Lesotho. The main products that Sri Lanka exported to Lesotho were Paper Labels ($627), Shaped Paper ($332), and Knit Men's Undergarments ($60). Over the past 10 years the exports of Sri Lanka to Lesotho have increased at an annualized rate of 7.78%,  from $737 in 2012 to $1.07k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $318 to Sri Lanka. The main products exported from Lesotho to Sri Lanka were Light Rubberized Knitted Fabric ($273) and Medical Instruments ($45). During the last 10 years the exports of Lesotho to Sri Lanka have decreased at an annualized rate of 43.5%, from $95.2k in 2012 to $318 in 2022.

In 2017, Sri Lanka exported $1.07k to Lesotho. The main products exported from Sri Lanka to Lesotho were Paper Labels ($627), Shaped Paper ($332), and Knit Men's Undergarments ($60). During the last 5 years the exports of Sri Lanka to Lesotho have increased at an annualized rate of 7.78%, from $737 in 2022 to $1.07k in 2017.

Exports from Lesotho (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Lesotho (Flag) (2022)

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Lesotho than Sri Lanka included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

In 2022, countries that imported more from Sri Lanka than Lesotho included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - Sri Lanka

Flow
Scale

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

During 2022, Lesotho had a large net trade with Sri Lanka in the exports of Textiles ($273) and Instruments ($45).

During 2017, Sri Lanka had a large net trade with Lesotho in the exports of Paper Goods ($959), Textiles ($82), and Machines ($31).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Sri Lanka+$2.97kDiamonds
Top Product Potential Sri Lanka Lesotho+$1.17kNon-Knit Men's Suits

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

Product Space of Lesotho (Flag) and Sri Lanka (Flag) (2022)

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