2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$2.55BCURRENT US$
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2012-2022
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GDP GROWTH
3.06%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$1,107CURRENT US$
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2012-2022
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GDP PC GROWTH
-8.17%CURRENT US$
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About

Spain-Lesotho In 2022, Spain exported $329k to Lesotho. The main products that Spain exported to Lesotho are Knitting Machine Accessories ($176k), LCDs ($84.7k), and Optical Fibers and optical fibre bundles ($14.3k). During the last 22 years the exports of Spain to Lesotho have decreased at an annualized rate of 5.59%, from $1.17M in 2000 to $329k in 2022.

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

Lesotho-Spain In 2022, Lesotho exported $46.6k to Spain. The main products that Lesotho exported to Spain were Knitting Machine Accessories ($33.8k), LCDs ($4.96k), and High-voltage Protection Equipment ($3.96k). During the last 22 years the exports of Lesotho to Spain have increased at an annualized rate of 8.57%, from $7.64k in 2000 to $46.6k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, Spain exported $329k to Lesotho. The main products exported from Spain to Lesotho were Knitting Machine Accessories ($176k), LCDs ($84.7k), and Optical Fibers and optical fibre bundles ($14.3k). During the last 22 years the exports of Spain to Lesotho have decreased at an annualized rate of 5.59%, from $1.17M in 2000 to $329k in 2022.

In 2022, Lesotho exported $46.6k to Spain. The main products exported from Lesotho to Spain were Knitting Machine Accessories ($33.8k), LCDs ($4.96k), and High-voltage Protection Equipment ($3.96k). During the last 22 years the exports of Lesotho to Spain have increased at an annualized rate of 8.57%, from $7.64k in 2000 to $46.6k in 2022.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Lesotho
Top Destination
South Africa$434M

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

In 2021, countries that imported more from Spain than Lesotho were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Lesotho than Spain were Eswatini ($11.3M).

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

Comparative Advantage Spain - Lesotho

Flow
Scale

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

During 2022, Spain had a large net trade with Lesotho in the exports of Machines ($206k), Instruments ($99.2k), and Textiles ($9.54k).

During 2022, Lesotho had a large net trade with Spain in the exports of Machines ($39.9k), Instruments ($5.11k), and Textiles ($1.19k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Lesotho. Similarly, the more yellow a dot/product is, the more Lesotho has comparative advantage over Spain.

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

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