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Pricing

2022
Flag → Flag
Exports $591Rnk 84 / 107
2022
Flag → Flag
Top Product $580Low-voltage Protection Equipment
2022
Flag → Flag
Exports $3.1MRnk 185 / 218
2022
Flag → Flag
Top Product $1.78MLaboratory Reagents
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Lesotho-Thailand Trade: In 2022, Lesotho exported $591 to Thailand. The main products that Lesotho exported to Thailand were Low-voltage Protection Equipment ($580) and Newspapers ($11). Over the past 5 years the exports of Lesotho to Thailand have decreased at an annualized rate of 58.7%, from $49.1k in 2017 to $591 in 2022.

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

Thailand-Lesotho Trade: In 2022, Thailand exported $3.1M to Lesotho. The main products that Thailand exported to Lesotho were Laboratory Reagents ($1.78M), Other Plastic Products ($1.21M), and Cars ($43.8k). Over the past 5 years the exports of Thailand to Lesotho have increased at an annualized rate of 12.6%,  from $415k in 2017 to $3.1M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $591 to Thailand. The main products exported from Lesotho to Thailand were Low-voltage Protection Equipment ($580) and Newspapers ($11). During the last 5 years the exports of Lesotho to Thailand have decreased at an annualized rate of 58.7%, from $49.1k in 2017 to $591 in 2022.

In 2017, Thailand exported $3.1M to Lesotho. The main products exported from Thailand to Lesotho were Laboratory Reagents ($1.78M), Other Plastic Products ($1.21M), and Cars ($43.8k). During the last 5 years the exports of Thailand to Lesotho have increased at an annualized rate of 12.6%, from $415k in 2022 to $3.1M in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Thailand (Flag)

Lesotho Exports

Date

Thailand Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Lesotho than Thailand included Eswatini ($11.3M).

In 2022, countries that imported more from Thailand than Lesotho included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Lesotho - Thailand

Flow
Scale

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

During 2022, Lesotho had a large net trade with Thailand in the exports of Machines ($580) and Paper Goods ($11).

During 2017, Thailand had a large net trade with Lesotho in the exports of Chemical Products ($1.8M), Plastics and Rubbers ($1.21M), and Transportation ($43.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Thailand+$11.6kLow-voltage Protection Equipment
Top Product Potential Thailand Lesotho+$143kCars

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

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

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