2023
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GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
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GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
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 GDP
$79.8BCURRENT US$
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2013-2023
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GDP GROWTH
72.3%CURRENT US$
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2023
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GDP PC 
$916CURRENT US$
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2013-2023
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GDP PC GROWTH
-20.4%CURRENT US$
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2023
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GDP PC
$27,786CURRENT US$
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2013-2023
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GDP PC GROWTH
77.5%CURRENT US$
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About

Lesotho-Lithuania Trade: In 2020, Lesotho exported $128 to Lithuania. The main products that Lesotho exported to Lithuania were N/A. Over the past 9 years the exports of Lesotho to Lithuania have increased at an annualized rate of 12.6%, from $44 in 2011 to $128 in 2020.

In 2020, Lesotho did not export any services to Lithuania.

Lithuania-Lesotho Trade: In 2020, Lithuania exported $1.64M to Lesotho. The main products that Lithuania exported to Lesotho were Wheat ($1.64M). Over the past 9 years the exports of Lithuania to Lesotho have increased at an annualized rate of 481%,  from $247 in 2011 to $1.64M in 2020.

In 2020, Lithuania 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, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Lesotho exported $128 to Lithuania. There were not main exports from Lesotho to Lithuania in 2020. During the last 9 years the exports of Lesotho to Lithuania have increased at an annualized rate of 12.6%, from $44 in 2011 to $128 in 2020.

In 2018, Lithuania exported $1.64M to Lesotho. The main products exported from Lithuania to Lesotho were Wheat ($1.64M). During the last 5 years the exports of Lithuania to Lesotho have increased at an annualized rate of 481%, from $247 in 2023 to $1.64M in 2018.

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

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

Latest Data

Trade between Lesotho (Flag) and Lithuania (Flag)

Lithuania Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Lithuania
Top Destination
Latvia$4.44B

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

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

In 2023, countries that imported more from Lithuania than Lesotho included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

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

Comparative Advantage Lesotho - Lithuania

Flow
Scale

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

During 2020, Lesotho had a large net trade with Lithuania in the exports of .

During 2018, Lithuania had a large net trade with Lesotho in the exports of Vegetable Products ($1.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Lithuania+$1.77kLow-voltage Protection Equipment
Top Product Potential Lithuania Lesotho+$26.6kComputers

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

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

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