Lesotho recorded a trade deficit of 3234.50 LSL Million in the third quarter of 2019.

Balance of Trade in Lesotho averaged -1844 LSL Million from 2001 until 2019, reaching an all time high of -746.93 LSL Million in the third quarter of 2006 and a record low of -3384.90 LSL Million in the first quarter of 2015. This page provides the latest reported value for - Lesotho Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lesotho Balance of Trade - values, historical data and charts - was last updated on October of 2020.

Balance of Trade in Lesotho is expected to be -2100.00 LSL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Lesotho to stand at -2300.00 in 12 months time. In the long-term, the Lesotho Balance of Trade is projected to trend around -2093.00 LSL Million in 2021 and -2094.00 LSL Million in 2022, according to our econometric models.

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Lesotho Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-3234.50 -2588.40 -746.93 -3384.90 2001 - 2019 LSL Million Quarterly

Lesotho Trade Last Previous Highest Lowest Unit
Balance of Trade -3234.50 -2588.40 -746.93 -3384.90 LSL Million [+]
Current Account -730.40 -41.90 1225.42 -1748.23 LSL Million [+]
Current Account to GDP -0.30 -6.20 14.65 -39.67 percent [+]
Exports 3420.90 3917.10 4253.73 476.79 LSL Million [+]
Imports 6655.40 6505.50 6655.40 1337.33 LSL Million [+]
Terrorism Index 0.10 0.19 1.47 0.00 [+]
External Debt 13687.88 13013.53 13687.88 3932.60 Million LSL [+]


Lesotho Balance of Trade
Lesotho runs systemic trade deficits due to import dependency on fuel, food and capital equipment. The main exports are: clothing (40 percent of total exports), diamonds (22 percent), road vehicles, water and wool. Main trading partner are the United States and South Africa.