2022
Flag  
GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 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
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186

About

Lesotho-Guatemala Trade: In 2022, Lesotho exported $22k to Guatemala. The main products that Lesotho exported to Guatemala were Non-Knit Men's Suits ($18.3k), Knit Babies' Garments ($2.77k), and Knit T-shirts ($506). Over the past 13 years the exports of Lesotho to Guatemala have increased at an annualized rate of 19.7%, from $2.13k in 2009 to $22k in 2022.

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

Guatemala-Lesotho Trade: In 2022, Guatemala exported $10.5k to Lesotho. The main products that Guatemala exported to Lesotho were N/A. Over the past 13 years the exports of Guatemala to Lesotho have decreased at an annualized rate of 35.9%,  from $96.4k in 2009 to $10.5k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $22k to Guatemala. The main products exported from Lesotho to Guatemala were Non-Knit Men's Suits ($18.3k), Knit Babies' Garments ($2.77k), and Knit T-shirts ($506). During the last 13 years the exports of Lesotho to Guatemala have increased at an annualized rate of 19.7%, from $2.13k in 2009 to $22k in 2022.

In 2016, Guatemala exported $10.5k to Lesotho. There were not main exports from Guatemala to Lesotho in 2016. During the last 5 years the exports of Guatemala to Lesotho have decreased at an annualized rate of 35.9%, from $96.4k in 2021 to $10.5k in 2016.

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

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

Latest Data

Trade between Lesotho (Flag) and Guatemala (Flag)

Guatemala Exports

Date

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$434M
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from Lesotho than Guatemala included South Africa ($434M), Belgium ($219M), and Eswatini ($11.3M).

In 2022, countries that imported more from Guatemala than Lesotho included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Lesotho - Guatemala

Flow
Scale

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

During 2022, Lesotho had a large net trade with Guatemala in the exports of Textiles ($21.6k) and Machines ($482).

During 2016, Guatemala had a large net trade with Lesotho in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Guatemala+$45.4kNon-Knit Men's Suits
Top Product Potential Guatemala Lesotho+$1.37kRefined 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 Guatemala. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Guatemala. Similarly, a dot/product with the flag of Guatemala indicates it has a comparative advantage over Lesotho.

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

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