2023
Flag  
GDP
$40.9BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
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2023
Flag
 GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
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2023
Flag
GDP PC 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

In N/A, Nepal did not export any services to Lesotho.

Lesotho-Nepal Trade: In N/A, Lesotho exported $41k to Nepal. The main products that Lesotho exported to Nepal were N/A. Over the past N/A years the exports of Lesotho to Nepal have increased at an annualized rate of 219%,  from $39 in N/A to $41k in N/A.

In N/A, Lesotho did not export any services to Nepal.

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B). That same year, Lesotho ranked 158 in total exports ($1.14B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Nepal does not register exports to Lesotho. The main products exported from Nepal to Lesotho were Cars ($16.2k).

In 2011, Lesotho exported $41k to Nepal. There were not main exports from Lesotho to Nepal in 2011. During the last 5 years the exports of Lesotho to Nepal have increased at an annualized rate of 219%, from $39 in 2016 to $41k in 2011.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Nepal than Lesotho included India ($811M), Germany ($38.8M), and United Kingdom ($26.4M).

In 2023, countries that imported more from Lesotho than Nepal included South Africa ($351M), Belgium ($295M), and United Arab Emirates ($95.4M).

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

Comparative Advantage Nepal - Lesotho

Flow
Scale

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

During 2011, Lesotho had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Lesotho+$1.03kSoybean Oil
Top Product Potential Lesotho Nepal+$1.81kDiamonds

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

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

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