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2022
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GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
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GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
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 GDP$2.55BCURRENT US$
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2012-2022
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GDP GROWTH3.06%CURRENT US$
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2022
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GDP PC $1,303CURRENT US$
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2012-2022
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GDP PC GROWTH17.1%CURRENT US$
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2022
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GDP PC$1,107CURRENT US$
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2012-2022
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GDP PC GROWTH-8.17%CURRENT US$
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About

Benin-Lesotho Trade: In 2021, Benin exported $65.1k to Lesotho. The main products that Benin exported to Lesotho were N/A. Over the past 17 years the exports of Benin to Lesotho have decreased at an annualized rate of 11.3%, from $502k in 2004 to $65.1k in 2021.

In 2021, Benin did not export any services to Lesotho.

Lesotho-Benin In N/A, Lesotho did not export any products to Benin.

In 2021, Lesotho did not export any services to Benin.

Comparison In 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5),  and 149 in total exports ($1.67B). 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 2021, Benin exported $65.1k to Lesotho. There were not main exports from Benin to Lesotho in 2021. During the last 17 years the exports of Benin to Lesotho have decreased at an annualized rate of 11.3%, from $502k in 2004 to $65.1k in 2021.

Lesotho does not register exports to Benin.

Exports from Benin (Flag) to Lesotho (Flag) (2021)

Exports from Lesotho (Flag) to Benin (Flag) (2021)

Market Competitiveness

Color
Benin
Top DestinationIndia$448M
Lesotho
Top DestinationSouth Africa$434M

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

In 2022, countries that imported more from Benin than Lesotho included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Lesotho than Benin included South Africa ($434M), United States ($327M), and Belgium ($219M).

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

Comparative Advantage Benin - Lesotho

Flow
Scale

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

During 2021, Benin had a large net trade with Lesotho in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Lesotho+$1.47kRefined Petroleum
Top Product Potential Lesotho Benin+$1.27kKnit Women's Suits

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

Product Space of Benin (Flag) and Lesotho (Flag) (2021)

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