2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
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GDP GROWTH
3.06%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
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GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186
2022
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GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Lesotho-Saudi Arabia Trade: In 2022, Lesotho exported $109 to Saudi Arabia. The main products that Lesotho exported to Saudi Arabia were Knit Women's Shirts ($42), Non-Knit Women's Suits ($31), and Knit Women's Suits ($25). Over the past 5 years the exports of Lesotho to Saudi Arabia have decreased at an annualized rate of 79.4%, from $295k in 2017 to $109 in 2022.

In 2022, Lesotho did not export any services to Saudi Arabia.

Saudi Arabia-Lesotho Trade: In 2022, Saudi Arabia exported $15.5k to Lesotho. The main products that Saudi Arabia exported to Lesotho were Styrene Polymers ($14.9k), Soap ($546), and Beauty Products ($21). Over the past 5 years the exports of Saudi Arabia to Lesotho have decreased at an annualized rate of 56.1%,  from $957k in 2017 to $15.5k in 2022.

In 2022, Saudi Arabia did not export any services to Lesotho.

Comparison In 2022,  Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $109 to Saudi Arabia. The main products exported from Lesotho to Saudi Arabia were Knit Women's Shirts ($42), Non-Knit Women's Suits ($31), and Knit Women's Suits ($25). During the last 5 years the exports of Lesotho to Saudi Arabia have decreased at an annualized rate of 79.4%, from $295k in 2017 to $109 in 2022.

In 2017, Saudi Arabia exported $15.5k to Lesotho. The main products exported from Saudi Arabia to Lesotho were Styrene Polymers ($14.9k), Soap ($546), and Beauty Products ($21). During the last 5 years the exports of Saudi Arabia to Lesotho have decreased at an annualized rate of 56.1%, from $957k in 2022 to $15.5k in 2017.

Exports from Lesotho (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Lesotho (Flag) (2022)

Latest Data

Trade between Lesotho (Flag) and Saudi Arabia (Flag)

Lesotho Exports

Date

Saudi Arabia Exports

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Lesotho than Saudi Arabia included Eswatini ($11.3M), Botswana ($3.11M), and Israel ($611k).

In 2022, countries that imported more from Saudi Arabia than Lesotho included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Lesotho (Flag) (2022)

Comparative Advantage Lesotho - Saudi Arabia

Flow
Scale

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

During 2022, Lesotho had a large net trade with Saudi Arabia in the exports of Textiles ($109).

During 2017, Saudi Arabia had a large net trade with Lesotho in the exports of Plastics and Rubbers ($14.9k) and Chemical Products ($567).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Saudi Arabia+$3.27kKnit Women's Suits
Top Product Potential Saudi Arabia Lesotho+$4.14kRefined Petroleum

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

Product Space of Lesotho (Flag) and Saudi Arabia (Flag) (2022)

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