2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186

About

Russia-Lesotho Trade: In 2022, Russia exported $5 to Lesotho. The main products that Russia exported to Lesotho were Integrated Circuits ($5). Over the past 6 years the exports of Russia to Lesotho have decreased at an annualized rate of 78.2%, from $46.8k in 2016 to $5 in 2022.

In 2019, Russia exported services to Lesotho worth $8k, with Communications services ($8k) being the largest in terms of value.

Lesotho-Russia Trade: In 2022, Lesotho exported $72k to Russia. The main products that Lesotho exported to Russia were N/A. Over the past 6 years the exports of Lesotho to Russia have increased at an annualized rate of 10%,  from $44.7k in 2016 to $72k in 2022.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $5 to Lesotho. The main products exported from Russia to Lesotho were Integrated Circuits ($5). During the last 6 years the exports of Russia to Lesotho have decreased at an annualized rate of 78.2%, from $46.8k in 2016 to $5 in 2022.

In 2016, Lesotho exported $72k to Russia. There were not main exports from Lesotho to Russia in 2016. During the last 5 years the exports of Lesotho to Russia have increased at an annualized rate of 10%, from $44.7k in 2021 to $72k in 2016.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Russia than Lesotho included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Lesotho than Russia included Eswatini ($11.3M), Ghana ($15.7k), and Zambia ($11.8k).

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

Comparative Advantage Russia - Lesotho

Flow
Scale

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

During 2022, Russia had a large net trade with Lesotho in the exports of Machines ($5).

During 2016, Lesotho had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Lesotho+$4.67kRefined Petroleum
Top Product Potential Lesotho Russia+$3.68kDiamonds

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

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

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