2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 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

Portugal-Lesotho Trade: In 2022, Portugal exported $28.7k to Lesotho. The main products that Portugal exported to Lesotho were Knit Men's Suits ($6k), Other Cloth Articles ($5.19k), and Knit Sweaters ($3.56k). Over the past 5 years the exports of Portugal to Lesotho have increased at an annualized rate of 2.26%, from $25.7k in 2017 to $28.7k in 2022.

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

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

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). 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, Portugal exported $28.7k to Lesotho. The main products exported from Portugal to Lesotho were Knit Men's Suits ($6k), Other Cloth Articles ($5.19k), and Knit Sweaters ($3.56k). During the last 5 years the exports of Portugal to Lesotho have increased at an annualized rate of 2.26%, from $25.7k in 2017 to $28.7k in 2022.

Lesotho does not register exports to Portugal. The main products exported from Lesotho to Portugal were Vegetable Alkaloids ($2.6k), Knit Women's Suits ($39), and Knit Sweaters ($31).

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Portugal than Lesotho included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Lesotho than Portugal included South Africa ($434M) and Eswatini ($11.3M).

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

Comparative Advantage Portugal - Lesotho

Flow
Scale

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

During 2022, Portugal had a large net trade with Lesotho in the exports of Textiles ($17.9k), Machines ($3.64k), and Animal Hides ($3.16k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Lesotho+$12.5kKnit T-shirts
Top Product Potential Lesotho Portugal+$3.35kKnit 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 Portugal and Lesotho. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Portugal.

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

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