2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 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
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Lesotho-Namibia Trade: In 2023, Lesotho exported $495k to Namibia. The main products that Lesotho exported to Namibia were Non-Knit Women's Suits ($167k), Knit Women's Suits ($70.9k), and Non-Knit Men's Suits ($59k). Over the past 5 years the exports of Lesotho to Namibia have decreased at an annualized rate of 10.5%, from $860k in 2018 to $495k in 2023.

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

Namibia-Lesotho Trade: In 2023, Namibia exported $144k to Lesotho. The main products that Namibia exported to Lesotho were Rubber Tires ($66.7k), Light Fixtures ($23k), and Cement ($15.5k). Over the past 5 years the exports of Namibia to Lesotho have decreased at an annualized rate of 12.5%,  from $281k in 2018 to $144k in 2023.

In 2023, Namibia 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, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $495k to Namibia. The main products exported from Lesotho to Namibia were Non-Knit Women's Suits ($167k), Knit Women's Suits ($70.9k), and Non-Knit Men's Suits ($59k). During the last 5 years the exports of Lesotho to Namibia have decreased at an annualized rate of 10.5%, from $860k in 2018 to $495k in 2023.

In 2018, Namibia exported $144k to Lesotho. The main products exported from Namibia to Lesotho were Rubber Tires ($66.7k), Light Fixtures ($23k), and Cement ($15.5k). During the last 5 years the exports of Namibia to Lesotho have decreased at an annualized rate of 12.5%, from $281k in 2023 to $144k in 2018.

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

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

Latest Data

Trade between Lesotho (Flag) and Namibia (Flag)

Lesotho Exports

Namibia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from Lesotho than Namibia included United States ($228M), Eswatini ($7.34M), and Mexico ($1.41M).

In 2023, countries that imported more from Namibia than Lesotho included South Africa ($1.71B), China ($752M), and Botswana ($504M).

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

Comparative Advantage Lesotho - Namibia

Flow
Scale

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

During 2023, Lesotho had a large net trade with Namibia in the exports of Textiles ($435k), Transportation ($38.2k), and Foodstuffs ($15.2k).

During 2018, Namibia had a large net trade with Lesotho in the exports of Plastics and Rubbers ($66.7k), Mineral Products ($28.9k), and Miscellaneous ($23k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Namibia+$116kNon-Knit Women's Suits
Top Product Potential Namibia Lesotho+$34.7kDelivery Trucks

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

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

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