Lesotho recorded a trade deficit of 3051.97 LSL Million in the fourth quarter of 2020. source: Central Bank of Lesotho

Balance of Trade in Lesotho averaged -1898.14 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 -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 August 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
-3051.97 -3578.55 -746.93 -3578.55 2001 - 2020 LSL Million Quarterly

Lesotho Trade Last Previous Highest Lowest Unit
Balance of Trade -3051.97 -3578.55 -746.93 -3578.55 LSL Million [+]
Current Account -200.95 -796.94 1225.42 -1748.23 LSL Million [+]
Current Account to GDP -2.70 -4.10 14.65 -39.67 percent of GDP [+]
Exports 4298.70 3987.25 4312.34 476.79 LSL Million [+]
Imports 7350.67 7565.80 7565.80 1337.33 LSL Million [+]
Terrorism Index 0.05 0.10 1.47 0.00 [+]
External Debt 13665.43 16515.41 16515.41 0.00 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.