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2023
Flag → Flag
Exports $629kRnk 20 / 105
2023
Flag → Flag
Top Product $590kKnit Women's Suits
2023
Flag → Flag
Exports $1.83MRnk 196 / 224
2023
Flag → Flag
Top Product $699kPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Lesotho-Netherlands Trade: In 2023, Lesotho exported $629k to Netherlands. The main products that Lesotho exported to Netherlands were Knit Women's Suits ($590k), Legume Flours ($16.9k), and Iron Stovetops ($9.02k). Over the past 5 years the exports of Lesotho to Netherlands have decreased at an annualized rate of 32%, from $4.31M in 2018 to $629k in 2023.

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

Netherlands-Lesotho Trade: In 2023, Netherlands exported $1.83M to Lesotho. The main products that Netherlands exported to Lesotho were Packaged Medicaments ($699k), Unpackaged Medicaments ($281k), and Used Clothing ($268k). Over the past 5 years the exports of Netherlands to Lesotho have decreased at an annualized rate of 7.26%,  from $2.67M in 2018 to $1.83M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Lesotho exported $629k to Netherlands. The main products exported from Lesotho to Netherlands were Knit Women's Suits ($590k), Legume Flours ($16.9k), and Iron Stovetops ($9.02k). During the last 5 years the exports of Lesotho to Netherlands have decreased at an annualized rate of 32%, from $4.31M in 2018 to $629k in 2023.

In 2018, Netherlands exported $1.83M to Lesotho. The main products exported from Netherlands to Lesotho were Packaged Medicaments ($699k), Unpackaged Medicaments ($281k), and Used Clothing ($268k). During the last 5 years the exports of Netherlands to Lesotho have decreased at an annualized rate of 7.26%, from $2.67M in 2023 to $1.83M in 2018.

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

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

Latest Data

Trade between Lesotho (Flag) and Netherlands (Flag)

Lesotho Exports

Netherlands Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$351M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Lesotho than Netherlands included Eswatini ($7.34M).

In 2023, countries that imported more from Netherlands than Lesotho included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Lesotho - Netherlands

Flow
Scale

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

During 2023, Lesotho had a large net trade with Netherlands in the exports of Textiles ($591k), Vegetable Products ($16.9k), and Machines ($11.6k).

During 2018, Netherlands had a large net trade with Lesotho in the exports of Chemical Products ($1.14M), Machines ($285k), and Textiles ($268k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Netherlands+$1.66MKnit Women's Suits
Top Product Potential Netherlands Lesotho+$219kComputers

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

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

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