Lesotho recorded a trade deficit of 2958.20 LSL Million in the first quarter of 2021. source: Central Bank of Lesotho

Balance of Trade in Lesotho averaged -1911.23 LSL Million from 2001 until 2021, reaching an all time high of -746.93 LSL Million in the third quarter of 2006 and a record low of -3578.55 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 November of 2021.

Balance of Trade in Lesotho is expected to be -2200.00 LSL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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

Related Last Previous Unit Reference
Balance of Trade -2958.20 -3051.97 LSL Million Mar/21
Current Account 83.62 -147.13 LSL Million Mar/21
Current Account to GDP -2.10 -3.40 percent of GDP Dec/20
Exports 3350.16 4298.70 LSL Million Mar/21
Imports 6308.36 7350.67 LSL Million Mar/21
External Debt 13665.43 13631.19 Million LSL Mar/21
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.