Trade Trend

In 2023, Lesotho's total export value is 970.72Million USD, total import value is 1.57Billion USD, Deficit is -602.74Million USD, and foreign trade dependency is 1.243. In 2023，Lesotho's top export products are Diamonds, whether or not worked, but not mounted or set(397.96Million USD), Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); mens or boys (not knitted or crocheted)(69.64Million USD), Suits, ensembles, jackets, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (not swimwear), womens or girls, knitted or crocheted(64.35Million USD), top export destinations are Belgium(325.00Million USD), South Africa(321.78Million USD), United States(231.33Million USD). In 2023, Lesotho's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(218.69Million USD), Vehicles; for the transport of goods(43.13Million USD), Electrical energy(42.42Million USD), top import origins are South Africa(1.37Billion USD), China(102.86Million USD), Taiwan CN(23.35Million USD).

Comparing to 2022, Lesotho's total export value decreased -128.15Million USD(-11.66%) in 2023, this could result from its export decreases of products such as Suits, ensembles, jackets, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (not swimwear), womens or girls, knitted or crocheted(-57.76Million USD or -47.30%), Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); mens or boys (not knitted or crocheted)(-32.59Million USD or -31.88%), Diamonds, whether or not worked, but not mounted or set(-29.97Million USD or -7.00%) and export decreases to countries/economics such as United States(-128.08Million USD or -35.64%), United Kingdom(-26.81Million USD or -86.26%), South Africa(-7.48Million USD or -2.27%). Comparing to 2022, Lesotho's total import value decreased -56.83Million USD(-3.49%) in 2023, this could result from its import decreases of products such as Electrical energy(-29.51Million USD or -41.03%), Wheat and meslin(-15.33Million USD or -44.64%), Cigars, cheroots, cigarillos and cigarettes; of tobacco or of tobacco substitutes(-12.74Million USD or -77.57%), and its import decreases from countries/economies such as South Africa(-79.35Million USD or -5.47%), Taiwan CN(-17.30Million USD or -42.56%), Mozambique(-10.09Million USD or -48.17%).

Cumulated to first 6 months of 2024, Lesotho's total export value is 341.77Million USD, total import value is 516.16Million USD, and tradedeficit is -174.38Million USD. Cumulated to first 6 months of 2024, Lesotho's top export products are Diamonds, whether or not worked, but not mounted or set(151.42Million USD), Wool, not carded or combed(28.37Million USD), Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); mens or boys (not knitted or crocheted)(18.70Million USD), and top export destinations are Belgium(109.21Million USD), United States(101.92Million USD), South Africa(94.12Million USD). Cumulated to first 6 months of 2024, Lesotho's top import products are Diamonds, whether or not worked, but not mounted or set(151.42Million USD), Wool, not carded or combed(28.37Million USD), Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear); mens or boys (not knitted or crocheted)(18.70Million USD), and top import origins areSouth Africa(451.61Million USD), China(35.26Million USD), Taiwan CN(11.80Million USD).