2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 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 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 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

In N/A, Burkina Faso did not export any services to Lesotho.

Lesotho-Burkina Faso Trade: In N/A, Lesotho exported $15.6k to Burkina Faso. The main products that Lesotho exported to Burkina Faso were Non-Knit Men's Suits ($11.9k) and Non-Knit Women's Suits ($3.72k). Over the past N/A years the exports of Lesotho to Burkina Faso have decreased at an annualized rate of 41.8%,  from $233k in N/A to $15.6k in N/A.

In N/A, Lesotho did not export any services to Burkina Faso.

Comparison In 2022,  Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91),  and 110 in total exports ($8.2B). 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

Burkina Faso does not register exports to Lesotho.

In 2017, Lesotho exported $15.6k to Burkina Faso. The main products exported from Lesotho to Burkina Faso were Non-Knit Men's Suits ($11.9k) and Non-Knit Women's Suits ($3.72k). During the last 5 years the exports of Lesotho to Burkina Faso have decreased at an annualized rate of 41.8%, from $233k in 2022 to $15.6k in 2017.

Exports from Burkina Faso (Flag) to Lesotho (Flag) (2022)

Exports from Lesotho (Flag) to Burkina Faso (Flag) (2022)

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Lesotho
Top Destination
South Africa$434M

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

In 2022, countries that imported more from Burkina Faso than Lesotho included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

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

Difference in imports from Lesotho (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Lesotho

Flow
Scale

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

During 2017, Lesotho had a large net trade with Burkina Faso in the exports of Textiles ($15.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Lesotho+$1.46kRefined Petroleum
Top Product Potential Lesotho Burkina Faso+$24.7kNon-Knit Men'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 Burkina Faso and Lesotho. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Lesotho. Similarly, a dot/product with the flag of Lesotho indicates it has a comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and Lesotho (Flag) (2022)

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