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Pricing

2022
Flag → Flag
Exports $47.9kRnk 39 / 107
2022
Flag → Flag
Top Product $25.8kLow-voltage Protection Equipment
2022
Flag → Flag
Exports $1.32MRnk 193 / 219
2022
Flag → Flag
Top Product $543kPumice
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Lesotho-Turkey Trade: In 2022, Lesotho exported $47.9k to Turkey. The main products that Lesotho exported to Turkey were Low-voltage Protection Equipment ($25.8k), Aircraft Parts ($10.7k), and Knit Men's Shirts ($4.81k). Over the past 5 years the exports of Lesotho to Turkey have increased at an annualized rate of 25.6%, from $15.4k in 2017 to $47.9k in 2022.

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

Turkey-Lesotho Trade: In 2022, Turkey exported $1.32M to Lesotho. The main products that Turkey exported to Lesotho were Pumice ($543k), Light Rubberized Knitted Fabric ($335k), and Dyeing Finishing Agents ($135k). Over the past 5 years the exports of Turkey to Lesotho have decreased at an annualized rate of 1.37%,  from $1.42M in 2017 to $1.32M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $47.9k to Turkey. The main products exported from Lesotho to Turkey were Low-voltage Protection Equipment ($25.8k), Aircraft Parts ($10.7k), and Knit Men's Shirts ($4.81k). During the last 5 years the exports of Lesotho to Turkey have increased at an annualized rate of 25.6%, from $15.4k in 2017 to $47.9k in 2022.

In 2017, Turkey exported $1.32M to Lesotho. The main products exported from Turkey to Lesotho were Pumice ($543k), Light Rubberized Knitted Fabric ($335k), and Dyeing Finishing Agents ($135k). During the last 5 years the exports of Turkey to Lesotho have decreased at an annualized rate of 1.37%, from $1.42M in 2022 to $1.32M in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Turkey (Flag)

Lesotho Exports

Date

Turkey Exports

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Turkey
Top DestinationGermany$21.9B

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

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

In 2022, countries that imported more from Turkey than Lesotho included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Lesotho - Turkey

Flow
Scale

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

During 2022, Lesotho had a large net trade with Turkey in the exports of Machines ($25.8k), Textiles ($10.7k), and Transportation ($10.7k).

During 2017, Turkey had a large net trade with Lesotho in the exports of Mineral Products ($543k), Textiles ($340k), and Chemical Products ($183k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Turkey+$143kLow-voltage Protection Equipment
Top Product Potential Turkey Lesotho+$17.9kTextile Processing Machines

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

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

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