Lesotho recorded a trade deficit of 2356.73 LSL Million in the first quarter of 2019. Balance of Trade in Lesotho averaged -1809.54 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 -2386.64 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 -2410.04 in 12 months time. In the long-term, the Lesotho Balance of Trade is projected to trend around -2392.37 LSL Million in 2020, according to our econometric models.

Lesotho Balance of Trade
Forecast Data Chart
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Lesotho Trade Last Previous Highest Lowest Unit
Balance of Trade -2356.73 -2116.91 -746.93 -3384.90 LSL Million [+]
Current Account -161.36 114.93 1225.42 -1748.23 LSL Million [+]
Current Account to GDP -0.30 -6.20 14.65 -39.67 percent [+]
Exports 3634.41 4253.73 4253.73 476.79 LSL Million [+]
Imports 5991.14 6370.64 6455.81 1337.33 LSL Million [+]
External Debt 12049.05 12002.19 12400.12 3932.60 Million LSL [+]
Terrorism Index 0.19 0.38 1.47 0.00 [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2356.73 -2116.91 -746.93 -3384.90 2001 - 2019 LSL Million Quarterly

Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -122.98 Sep/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -3984900.00 Aug/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19