2023
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GDP
$2.12BCURRENT US$
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2013-2023
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GDP GROWTH
-10.5%CURRENT US$
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2023
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 GDP
$351BCURRENT US$
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2013-2023
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GDP GROWTH
84.8%CURRENT US$
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2023
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GDP PC 
$916CURRENT US$
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GDP PC GROWTH
-20.4%CURRENT US$
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2023
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GDP PC
$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
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About

Lesotho-Romania Trade: In 2021, Lesotho exported $39.3k to Romania. The main products that Lesotho exported to Romania were N/A. Over the past 11 years the exports of Lesotho to Romania have increased at an annualized rate of 63.8%, from $172 in 2010 to $39.3k in 2021.

In 2021, Lesotho did not export any services to Romania.

Romania-Lesotho Trade: In 2021, Romania exported $154 to Lesotho. The main products that Romania exported to Lesotho were Knit Sweaters ($154). Over the past 11 years the exports of Romania to Lesotho have decreased at an annualized rate of 32.7%,  from $1.12k in 2010 to $154 in 2021.

In 2021, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Lesotho exported $39.3k to Romania. There were not main exports from Lesotho to Romania in 2021. During the last 11 years the exports of Lesotho to Romania have increased at an annualized rate of 63.8%, from $172 in 2010 to $39.3k in 2021.

In 2018, Romania exported $154 to Lesotho. The main products exported from Romania to Lesotho were Knit Sweaters ($154). During the last 5 years the exports of Romania to Lesotho have decreased at an annualized rate of 32.7%, from $1.12k in 2023 to $154 in 2018.

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

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

Latest Data

Trade between Lesotho (Flag) and Romania (Flag)

Romania Exports

Date

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Romania
Top Destination
Germany$19.9B

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

In 2023, countries that imported more from Lesotho than Romania included South Africa ($351M), Eswatini ($7.34M), and Rwanda ($162k).

In 2023, countries that imported more from Romania than Lesotho included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Lesotho - Romania

Flow
Scale

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

During 2021, Lesotho had a large net trade with Romania in the exports of .

During 2018, Romania had a large net trade with Lesotho in the exports of Textiles ($154).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Romania+$2.87kLow-voltage Protection Equipment
Top Product Potential Romania Lesotho+$29.1kTelephones

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

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

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