2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 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
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Lesotho-Malawi Trade: In 2022, Lesotho exported $6.04k to Malawi. The main products that Lesotho exported to Malawi were Cars ($4.28k), Chemical Analysis Instruments ($446), and Hydrometers ($308). Over the past 5 years the exports of Lesotho to Malawi have decreased at an annualized rate of 36.6%, from $59k in 2017 to $6.04k in 2022.

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

Malawi-Lesotho Trade: In 2022, Malawi exported $354k to Lesotho. The main products that Malawi exported to Lesotho were Raw Cotton ($354k), Transmissions ($142), and Broadcasting Equipment ($116). Over the past 5 years the exports of Malawi to Lesotho have increased at an annualized rate of 141%,  from $4.37k in 2017 to $354k in 2022.

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

Comparison In 2022,  Lesotho ranked 158 in total exports ($1.16B). That same year, Malawi ranked 157 in total exports ($1.19B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $6.04k to Malawi. The main products exported from Lesotho to Malawi were Cars ($4.28k), Chemical Analysis Instruments ($446), and Hydrometers ($308). During the last 5 years the exports of Lesotho to Malawi have decreased at an annualized rate of 36.6%, from $59k in 2017 to $6.04k in 2022.

In 2017, Malawi exported $354k to Lesotho. The main products exported from Malawi to Lesotho were Raw Cotton ($354k), Transmissions ($142), and Broadcasting Equipment ($116). During the last 5 years the exports of Malawi to Lesotho have increased at an annualized rate of 141%, from $4.37k in 2022 to $354k in 2017.

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

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

Latest Data

Trade between Lesotho (Flag) and Malawi (Flag)

Lesotho Exports

Date

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Malawi
Top Destination
United Arab Emirates$255M

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

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

In 2022, countries that imported more from Malawi than Lesotho included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Comparative Advantage Lesotho - Malawi

Flow
Scale

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

During 2022, Lesotho had a large net trade with Malawi in the exports of Transportation ($4.28k), Instruments ($754), and Machines ($461).

During 2017, Malawi had a large net trade with Lesotho in the exports of Textiles ($354k), Machines ($258), and Paper Goods ($10).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Malawi+$1.05kBedspreads
Top Product Potential Malawi Lesotho+$1.03kRaw Tobacco

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

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

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