GDP$2.55BCURRENT US$Rnk 163 / 186 GDP GROWTH3.06%CURRENT US$Rnk 158 / 186
GDP$16.8BCURRENT US$Rnk 126 / 186 GDP GROWTH36.8%CURRENT US$Rnk 90 / 186 GDP PC $1,107CURRENT US$Rnk 164 / 186GDP PC GROWTH-8.17%CURRENT US$Rnk 160 / 186GDP PC$4,947CURRENT US$Rnk 112 / 186GDP PC GROWTH12.4%CURRENT US$Rnk 107 / 186In N/A, Lesotho did not export any services to Mongolia.
Mongolia-Lesotho In N/A, Mongolia did not export any products to Lesotho.
In N/A, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).
Lesotho does not register exports to Mongolia. The main products exported from Lesotho to Mongolia were Low-voltage Protection Equipment ($263) and Engine Parts ($113).
) to Mongolia () (2022)) to Lesotho () (2022)This map shows whether countries import more from Lesotho or Mongolia. Each country is colored based on the difference in imports they receive from Lesotho and Mongolia or the difference in the growth in imports.
In 2022, countries that imported more from Lesotho than Mongolia included South Africa ($434M), United States ($327M), and Belgium ($219M).
In 2022, countries that imported more from Mongolia than Lesotho included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).
) and Lesotho () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Lesotho and Mongolia. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Lesotho.
) and Mongolia () (2022)
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