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Pricing

2022
Flag → Flag
Exports $1.32MRnk 193 / 219
2022
Flag → Flag
Top Product $543kPumice
2022
Flag → Flag
Exports $47.9kRnk 39 / 107
2022
Flag → Flag
Top Product $25.8kLow-voltage Protection Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Lesotho Trade: In 2022, Turkey exported $1.32M to Lesotho. The main products that Turkey exported to Lesotho were Pumice ($543k), Light Rubberized Knitted Fabric ($335k), and Dyeing Finishing Agents ($135k). Over the past 5 years the exports of Turkey to Lesotho have decreased at an annualized rate of 1.37%, from $1.42M in 2017 to $1.32M in 2022.

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

Lesotho-Turkey Trade: In 2022, Lesotho exported $47.9k to Turkey. The main products that Lesotho exported to Turkey were Low-voltage Protection Equipment ($25.8k), Aircraft Parts ($10.7k), and Knit Men's Shirts ($4.81k). Over the past 5 years the exports of Lesotho to Turkey have increased at an annualized rate of 17.7%,  from $15.4k in 2017 to $47.9k in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $1.32M to Lesotho. The main products exported from Turkey to Lesotho were Pumice ($543k), Light Rubberized Knitted Fabric ($335k), and Dyeing Finishing Agents ($135k). During the last 5 years the exports of Turkey to Lesotho have decreased at an annualized rate of 1.37%, from $1.42M in 2017 to $1.32M in 2022.

In 2017, Lesotho exported $47.9k to Turkey. The main products exported from Lesotho to Turkey were Low-voltage Protection Equipment ($25.8k), Aircraft Parts ($10.7k), and Knit Men's Shirts ($4.81k). During the last 5 years the exports of Lesotho to Turkey have increased at an annualized rate of 17.7%, from $15.4k in 2022 to $47.9k in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Lesotho (Flag)

Turkey Exports

Lesotho Exports

Date

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Lesotho
Top DestinationSouth Africa$434M

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 2022, countries that imported more from Turkey than Lesotho included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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

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 2022, Turkey had a large net trade with Lesotho in the exports of Mineral Products ($543k), Textiles ($340k), and Chemical Products ($183k).

During 2017, Lesotho had a large net trade with Turkey in the exports of Machines ($25.8k), Textiles ($10.7k), and Transportation ($10.7k).

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) (2022)

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