Lesotho (LSO) and Guinea (GIN) Trade | The Observatory of Economic Complexity

About

Lesotho-Guinea Trade: In 2022, Lesotho exported $119 to Guinea. The main products that Lesotho exported to Guinea were Transmissions ($91) and Electrical Transformers ($28). Over the past 17 years the exports of Lesotho to Guinea have decreased at an annualized rate of 21.5%, from $7.27k 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 2022, Lesotho ranked 158 in total exports ($1.16B), and does not have data regarding Economic Complexity Index. That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Lesotho exported $119 to Guinea. The main products exported from Lesotho to Guinea were Transmissions ($91) and Electrical Transformers ($28). During the last 17 years the exports of Lesotho to Guinea have decreased at an annualized rate of 21.5%, from $7.27k in 2005 to $119 in 2022.

Guinea does not register exports to Lesotho. The main products exported from Guinea to Lesotho were Broadcasting Equipment ($128).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lesotho
Top DestinationSouth Africa$434M

Guinea
Top DestinationChina$3.81B

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 2022, countries that imported more from Lesotho than Guinea included South Africa ($434M), United States ($327M), and Belgium ($219M).

In 2022, countries that imported more from Guinea than Lesotho included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

Difference in imports from Guinea () and Lesotho () (2022)

Comparative Advantage Lesotho - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 Machines ($119).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

Difference in imports from Guinea () and Lesotho () (2022)

Comparative Advantage Lesotho - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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