2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Lesotho-Mexico Trade: In 2022, Lesotho exported $4.23M to Mexico. The main products that Lesotho exported to Mexico were Low-voltage Protection Equipment ($3.73M), Non-Knit Men's Suits ($158k), and Brooms ($131k). Over the past 5 years the exports of Lesotho to Mexico have increased at an annualized rate of 12.8%, from $2.32M in 2017 to $4.23M in 2022.

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

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

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $4.23M to Mexico. The main products exported from Lesotho to Mexico were Low-voltage Protection Equipment ($3.73M), Non-Knit Men's Suits ($158k), and Brooms ($131k). During the last 5 years the exports of Lesotho to Mexico have increased at an annualized rate of 12.8%, from $2.32M in 2017 to $4.23M in 2022.

Mexico does not register exports to Lesotho. The main products exported from Mexico to Lesotho were Machinery Having Individual Functions ($4.68k), Broadcasting Equipment ($3.42k), and X-Ray Equipment ($1.1k).

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

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

Latest Data

Trade between Lesotho (Flag) and Mexico (Flag)

Lesotho Exports

Mexico Exports

Date

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Lesotho than Mexico included Eswatini ($11.3M), Botswana ($3.11M), and Zimbabwe ($449k).

In 2022, countries that imported more from Mexico than Lesotho included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Lesotho - Mexico

Flow
Scale

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

During 2022, Lesotho had a large net trade with Mexico in the exports of Machines ($3.73M), Textiles ($255k), and Miscellaneous ($131k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Mexico+$3.06MLow-voltage Protection Equipment
Top Product Potential Mexico Lesotho+$3.13kRefined 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 Mexico. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Lesotho.

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

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