2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$2.55BCURRENT US$
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2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$1,107CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
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About

Singapore-Lesotho Trade: In 2022, Singapore exported $1.13M to Lesotho. The main products that Singapore exported to Lesotho were Petroleum Jelly ($502k), Cars ($323k), and Light Synthetic Cotton Fabrics ($290k). Over the past 5 years the exports of Singapore to Lesotho have increased at an annualized rate of 32.7%, from $274k in 2017 to $1.13M in 2022.

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

Lesotho-Singapore Trade: In 2022, Lesotho exported $1.26M to Singapore. The main products that Lesotho exported to Singapore were Diamonds ($1.09M), Low-voltage Protection Equipment ($154k), and Machinery Having Individual Functions ($6.2k). Over the past 5 years the exports of Lesotho to Singapore have increased at an annualized rate of 112%,  from $29.4k in 2017 to $1.26M in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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, Singapore exported $1.13M to Lesotho. The main products exported from Singapore to Lesotho were Petroleum Jelly ($502k), Cars ($323k), and Light Synthetic Cotton Fabrics ($290k). During the last 5 years the exports of Singapore to Lesotho have increased at an annualized rate of 32.7%, from $274k in 2017 to $1.13M in 2022.

In 2017, Lesotho exported $1.26M to Singapore. The main products exported from Lesotho to Singapore were Diamonds ($1.09M), Low-voltage Protection Equipment ($154k), and Machinery Having Individual Functions ($6.2k). During the last 5 years the exports of Lesotho to Singapore have increased at an annualized rate of 112%, from $29.4k in 2022 to $1.26M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Lesotho (Flag)

Singapore Exports

Lesotho Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Singapore than Lesotho included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Lesotho

Flow
Scale

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

During 2022, Singapore had a large net trade with Lesotho in the exports of Mineral Products ($502k), Transportation ($326k), and Textiles ($290k).

During 2017, Lesotho had a large net trade with Singapore in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Lesotho+$10.8kDelivery Trucks
Top Product Potential Lesotho Singapore+$2.9MDiamonds

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

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

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