2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$2.55BCURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP GROWTH
3.06%CURRENT US$
Rnk 158 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC
$1,107CURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP PC GROWTH
-8.17%CURRENT US$
Rnk 160 / 186

About

Guatemala-Lesotho Trade: In 2021, Guatemala exported $10.5k to Lesotho. The main products that Guatemala exported to Lesotho were N/A. Over the past 9 years the exports of Guatemala to Lesotho have increased at an annualized rate of 2.84%, from $8.13k in 2012 to $10.5k in 2021.

In 2021, Guatemala did not export any services to Lesotho.

Lesotho-Guatemala Trade: In 2021, 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 9 years the exports of Lesotho to Guatemala have increased at an annualized rate of 31.2%,  from $5.68k in 2012 to $22k in 2021.

In 2021, Lesotho did not export any services to Guatemala.

Comparison In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2),  and 84 in total exports ($16.4B). 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 2021, Guatemala exported $10.5k to Lesotho. There were not main exports from Guatemala to Lesotho in 2021. During the last 9 years the exports of Guatemala to Lesotho have increased at an annualized rate of 2.84%, from $8.13k in 2012 to $10.5k in 2021.

In 2017, 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 5 years the exports of Lesotho to Guatemala have increased at an annualized rate of 31.2%, from $5.68k in 2022 to $22k in 2017.

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

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

Latest Data

Trade between Guatemala (Flag) and Lesotho (Flag)

Guatemala Exports

Date

Market Competitiveness

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

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

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

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

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

Comparative Advantage Guatemala - Lesotho

Flow
Scale

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

During 2021, Guatemala had a large net trade with Lesotho in the exports of .

During 2017, Lesotho had a large net trade with Guatemala in the exports of Textiles ($21.6k) and Machines ($482).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Lesotho+$1.37kRefined Petroleum
Top Product Potential Lesotho Guatemala+$45.4kNon-Knit Men's Suits

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

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

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