Lesotho recorded a trade deficit of 2661.30 LSL Million in the third quarter of 2021. source: Central Bank of Lesotho

Balance of Trade in Lesotho averaged -1930.53 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 June of 2022.

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 2023 and -2094.00 LSL Million in 2024, according to our econometric models.

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Lesotho Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -2661.30 -2934.70 LSL Million Sep 2021
Current Account -521.70 -684.50 LSL Million Sep 2021
Current Account to GDP -2.10 -3.40 percent of GDP Dec 2020
Exports 3996.90 3724.40 LSL Million Sep 2021
Imports 6658.20 6659.10 LSL Million Sep 2021
External Debt 14426.60 14051.20 Million LSL Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2661.30 -2934.70 -746.93 -3578.55 2001 - 2021 LSL Million Quarterly