2023
Flag  
GDP
$2.12BCURRENT US$
Rnk 175 / 195
2013-2023
Flag
GDP GROWTH
-10.5%CURRENT US$
Rnk 181 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$916CURRENT US$
Rnk 180 / 195
2013-2023
Flag
GDP PC GROWTH
-20.4%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Lesotho-Guinea Trade: In 2022, Lesotho exported $119 to Guinea. The main products that Lesotho exported to Guinea were N/A. Over the past 17 years the exports of Lesotho to Guinea have decreased at an annualized rate of 21.6%, from $7.49k in 2005 to $119 in 2022.

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

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

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

Comparison In 2023,  Lesotho ranked 158 in total exports ($1.14B), and does not have data regarding Economic Complexity Index. That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Lesotho exported $119 to Guinea. There were not main exports from Lesotho to Guinea in 2022. During the last 17 years the exports of Lesotho to Guinea have decreased at an annualized rate of 21.6%, from $7.49k in 2005 to $119 in 2022.

Guinea does not register exports to Lesotho.

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

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

Market Competitiveness

Color
Lesotho
Top Destination
South Africa$351M
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Lesotho than Guinea included South Africa ($351M), Belgium ($295M), and United States ($228M).

In 2023, countries that imported more from Guinea than Lesotho included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea (Flag) and Lesotho (Flag) (2023)

Comparative Advantage Lesotho - Guinea

Flow
Scale

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

During 2022, Lesotho had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Lesotho Guinea+$1.48kKnit Women's Suits
Top Product Potential Guinea Lesotho+$1.03kRefined 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 Guinea. This means that a dot/product with the flag of Lesotho indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Lesotho.

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

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