2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 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
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Lesotho-Slovakia Trade: In 2022, Lesotho exported $238k to Slovakia. The main products that Lesotho exported to Slovakia were Low-voltage Protection Equipment ($236k), Knit T-shirts ($2.28k), and Non-Knit Men's Shirts ($79). Over the past 5 years the exports of Lesotho to Slovakia have decreased at an annualized rate of 38.2%, from $2.64M in 2017 to $238k in 2022.

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

Slovakia-Lesotho In N/A, Slovakia did not export any products to Lesotho.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $238k to Slovakia. The main products exported from Lesotho to Slovakia were Low-voltage Protection Equipment ($236k), Knit T-shirts ($2.28k), and Non-Knit Men's Shirts ($79). During the last 5 years the exports of Lesotho to Slovakia have decreased at an annualized rate of 38.2%, from $2.64M in 2017 to $238k in 2022.

Slovakia does not register exports to Lesotho. The main products exported from Slovakia to Lesotho were Low-voltage Protection Equipment ($15) and Office Machine Parts ($12).

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

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

Latest Data

Trade between Lesotho (Flag) and Slovakia (Flag)

Slovakia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Lesotho than Slovakia included South Africa ($434M), Eswatini ($11.3M), and Botswana ($3.11M).

In 2022, countries that imported more from Slovakia than Lesotho included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Lesotho - Slovakia

Flow
Scale

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

During 2022, Lesotho had a large net trade with Slovakia in the exports of Machines ($236k) and Textiles ($2.38k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Slovakia+$313kLow-voltage Protection Equipment
Top Product Potential Slovakia Lesotho+$2.47kCars

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

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

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