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
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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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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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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About

Lesotho-Spain In 2022, Lesotho exported $46.6k to Spain. The main products that Lesotho exported to Spain are 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.

Spain-Lesotho In 2022, Spain exported $329k to Lesotho. The main products that Spain exported 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, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Latest Data

Trade between Lesotho (Flag) and Spain (Flag)

Lesotho Exports

Spain Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Lesotho - Spain

Flow
Scale

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

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

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

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 Lesotho has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Lesotho.

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

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