2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 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 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC
$916CURRENT US$
Rnk 180 / 196
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195

About

Turkey-Lesotho Trade: In 2023, Turkey exported $603k to Lesotho. The main products that Turkey exported to Lesotho were Pumice ($225k), Processed Tobacco ($98.8k), and Dyeing Finishing Agents ($64.8k). Over the past 5 years the exports of Turkey to Lesotho have decreased at an annualized rate of 32.3%, from $4.24M in 2018 to $603k in 2023.

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

Lesotho-Turkey Trade: In 2023, Lesotho exported $11.9k to Turkey. The main products that Lesotho exported to Turkey were Low-voltage Protection Equipment ($10.8k), Knit T-shirts ($492), and Computers ($216). Over the past 5 years the exports of Lesotho to Turkey have increased at an annualized rate of 17%,  from $5.45k in 2018 to $11.9k in 2023.

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

Comparison In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62),  and 28 in total exports ($272B). 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, Turkey exported $603k to Lesotho. The main products exported from Turkey to Lesotho were Pumice ($225k), Processed Tobacco ($98.8k), and Dyeing Finishing Agents ($64.8k). During the last 5 years the exports of Turkey to Lesotho have decreased at an annualized rate of 32.3%, from $4.24M in 2018 to $603k in 2023.

In 2018, Lesotho exported $11.9k to Turkey. The main products exported from Lesotho to Turkey were Low-voltage Protection Equipment ($10.8k), Knit T-shirts ($492), and Computers ($216). During the last 5 years the exports of Lesotho to Turkey have increased at an annualized rate of 17%, from $5.45k in 2023 to $11.9k in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Lesotho (Flag)

Turkey Exports

Lesotho Exports

Date

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Lesotho
Top Destination
South Africa$351M

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

In 2023, countries that imported more from Turkey than Lesotho included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, countries that imported more from Lesotho than Turkey included Eswatini ($7.34M).

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

Comparative Advantage Turkey - Lesotho

Flow
Scale

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

During 2023, Turkey had a large net trade with Lesotho in the exports of Mineral Products ($225k), Machines ($127k), and Chemical Products ($105k).

During 2018, Lesotho had a large net trade with Turkey in the exports of Machines ($11k), Textiles ($716), and Paper Goods ($184).

Potential Exports

Potential Exports

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

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

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

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