Sign In
Pricing

2022
Flag → Flag
Exports $15.6kRnk 48 / 107
2022
Flag → Flag
Top Product $11.9kNon-Knit Men's Suits
2022
Flag → Flag
Exports $151MRnk 45 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH-8.17%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Lesotho-Burkina Faso Trade: In 2022, 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 5 years the exports of Lesotho to Burkina Faso have decreased at an annualized rate of 41.8%, from $233k in 2017 to $15.6k in 2022.

In 2022, Lesotho did not export any services to Burkina Faso.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $15.6k in 2022.

Burkina Faso does not register exports to Lesotho.

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

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

Market Competitiveness

Color
Lesotho
Top DestinationSouth Africa$434M
Burkina Faso
Top DestinationSwitzerland$6.08B

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

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

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

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

Comparative Advantage Lesotho - Burkina Faso

Flow
Scale

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

During 2022, 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 Lesotho Burkina Faso+$24.7kNon-Knit Men's Suits
Top Product Potential Burkina Faso Lesotho+$1.46kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lesotho and Burkina Faso. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Lesotho.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms