Lesotho recorded a trade deficit of 2734.93 LSL Million in the second quarter of 2019. Balance of Trade in Lesotho averaged -1827.19 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.

Balance of Trade in Lesotho is expected to be -2343.00 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 -2247.00 in 12 months time. In the long-term, the Lesotho Balance of Trade is projected to trend around -2094.00 LSL Million in 2020, according to our econometric models.

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Lesotho Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-2734.93 -2736.95 -746.93 -3384.90 2001 - 2019 LSL Million Quarterly

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.

Lesotho Trade Last Previous Highest Lowest Unit
Balance of Trade -2734.93 -2736.95 -746.93 -3384.90 LSL Million [+]
Current Account -230.87 -250.98 1225.42 -1748.23 LSL Million [+]
Current Account to GDP -0.30 -6.20 14.65 -39.67 percent [+]
Exports 3512.91 3254.19 4253.73 476.79 LSL Million [+]
Imports 6247.84 5991.14 6455.81 1337.33 LSL Million [+]
Terrorism Index 0.10 0.19 1.47 0.00 [+]
External Debt 12771.91 11892.13 12771.91 3932.60 Million LSL [+]