2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Namibia-Lesotho Trade: In 2023, Namibia exported $144k to Lesotho. The main products that Namibia exported to Lesotho were Rubber Tires ($66.7k), Light Fixtures ($23k), and Cement ($15.5k). Over the past 5 years the exports of Namibia to Lesotho have decreased at an annualized rate of 12.5%, from $281k in 2018 to $144k in 2023.

In 2023, Namibia did not export any services to Lesotho.

Lesotho-Namibia Trade: In 2023, Lesotho exported $495k to Namibia. The main products that Lesotho exported to Namibia were Non-Knit Women's Suits ($167k), Knit Women's Suits ($70.9k), and Non-Knit Men's Suits ($59k). Over the past 5 years the exports of Lesotho to Namibia have decreased at an annualized rate of 10.5%,  from $860k in 2018 to $495k in 2023.

In 2023, Lesotho did not export any services to Namibia.

Comparison In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74),  and 124 in total exports ($6.28B). That same year, Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $144k to Lesotho. The main products exported from Namibia to Lesotho were Rubber Tires ($66.7k), Light Fixtures ($23k), and Cement ($15.5k). During the last 5 years the exports of Namibia to Lesotho have decreased at an annualized rate of 12.5%, from $281k in 2018 to $144k in 2023.

In 2018, Lesotho exported $495k to Namibia. The main products exported from Lesotho to Namibia were Non-Knit Women's Suits ($167k), Knit Women's Suits ($70.9k), and Non-Knit Men's Suits ($59k). During the last 5 years the exports of Lesotho to Namibia have decreased at an annualized rate of 10.5%, from $860k in 2023 to $495k in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Lesotho (Flag)

Namibia Exports

Lesotho Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Namibia than Lesotho included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from Lesotho than Namibia included United States ($228M), Eswatini ($7.34M), and Mexico ($1.41M).

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

Comparative Advantage Namibia - Lesotho

Flow
Scale

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

During 2023, Namibia had a large net trade with Lesotho in the exports of Plastics and Rubbers ($66.7k), Mineral Products ($28.9k), and Miscellaneous ($23k).

During 2018, Lesotho had a large net trade with Namibia in the exports of Textiles ($435k), Transportation ($38.2k), and Foodstuffs ($15.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Lesotho+$34.7kDelivery Trucks
Top Product Potential Lesotho Namibia+$116kNon-Knit Women's Suits

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

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

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