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Pricing

2022
Flag → Flag
Exports $9.36kRnk 58 / 107
2022
Flag → Flag
Top Product $6.21kLow-voltage Protection Equipment
2022
Flag → Flag
Exports $3.87kRnk 197 / 205
2022
Flag → Flag
Top Product $2.3kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Lesotho-Philippines Trade: In 2022, Lesotho exported $9.36k to Philippines. The main products that Lesotho exported to Philippines were Low-voltage Protection Equipment ($6.21k), Electrical Transformers ($2.78k), and Insulated Wire ($351). Over the past 5 years the exports of Lesotho to Philippines have decreased at an annualized rate of 4.97%, from $12.1k in 2017 to $9.36k in 2022.

In 2022, Lesotho did not export any services to Philippines.

Philippines-Lesotho Trade: In 2022, Philippines exported $3.87k to Lesotho. The main products that Philippines exported to Lesotho were Broadcasting Equipment ($2.3k), Other Edible Preparations ($363), and Dental Products ($321). Over the past 5 years the exports of Philippines to Lesotho have decreased at an annualized rate of 29.9%,  from $32.5k in 2017 to $3.87k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $9.36k to Philippines. The main products exported from Lesotho to Philippines were Low-voltage Protection Equipment ($6.21k), Electrical Transformers ($2.78k), and Insulated Wire ($351). During the last 5 years the exports of Lesotho to Philippines have decreased at an annualized rate of 4.97%, from $12.1k in 2017 to $9.36k in 2022.

In 2017, Philippines exported $3.87k to Lesotho. The main products exported from Philippines to Lesotho were Broadcasting Equipment ($2.3k), Other Edible Preparations ($363), and Dental Products ($321). During the last 5 years the exports of Philippines to Lesotho have decreased at an annualized rate of 29.9%, from $32.5k in 2022 to $3.87k in 2017.

Exports from Lesotho (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Lesotho (Flag) (2022)

Latest Data

Trade between Lesotho (Flag) and Philippines (Flag)

Lesotho Exports

Philippines Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Lesotho than Philippines included South Africa ($434M), Belgium ($219M), and Eswatini ($11.3M).

In 2022, countries that imported more from Philippines than Lesotho included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

Difference in imports from Philippines (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - Philippines

Flow
Scale

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

During 2022, Lesotho had a large net trade with Philippines in the exports of Machines ($9.34k), Chemical Products ($17), and Instruments ($6).

During 2017, Philippines had a large net trade with Lesotho in the exports of Machines ($2.48k), Chemical Products ($512), and Foodstuffs ($395).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Philippines+$3.13kKnit Women's Suits
Top Product Potential Philippines Lesotho+$2.11kComputers

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

Product Space of Lesotho (Flag) and Philippines (Flag) (2022)

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