Lesotho recorded a trade deficit of 3555.93 LSL Million in the third quarter of 2020. source: Central Bank of Lesotho

Balance of Trade in Lesotho averaged -1883.25 LSL Million from 2001 until 2020, reaching an all time high of -746.93 LSL Million in the third quarter of 2006 and a record low of -3555.93 LSL Million in the third quarter of 2020. 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 May of 2021.

Balance of Trade in Lesotho is expected to be -2300.00 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 -2392.37 in 12 months time. In the long-term, the Lesotho Balance of Trade is projected to trend around -2093.00 LSL Million in 2022 and -2094.00 LSL Million in 2023, according to our econometric models.

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Lesotho Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-3555.93 -2735.67 -746.93 -3555.93 2001 - 2020 LSL Million Quarterly

Lesotho Trade Last Previous Highest Lowest Unit
Balance of Trade -3555.93 -2735.67 -746.93 -3555.93 LSL Million [+]
Current Account -698.37 76.27 1225.42 -1748.23 LSL Million [+]
Current Account to GDP -3.20 -0.30 14.65 -39.67 percent [+]
Exports 4009.87 1962.37 4312.34 476.79 LSL Million [+]
Imports 7565.80 4698.04 7565.80 1337.33 LSL Million [+]
Terrorism Index 0.05 0.10 1.47 0.00 [+]
External Debt 16317.46 14905.35 16317.46 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.