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Lesotho

Lesotho ranked No. 134 in total trade value through March with a total of $78.64 million. Exports totaled $118,482 and Imports totaled $78.52 million, a deficit of $78.4 million.

January – March 2019

Top Trading Ports

Total Trade: $78.64 million

RankPortTotal YTD
1Port of Newark $39,478,849
2Port of Charleston $13,533,784
3John F. Kennedy International Airport $12,148,863
4Port of Houston $6,553,464
5Port of Virginia $2,479,169
6Hartsfield-Jackson Atlanta International Airport $773,509
7Port of New York $670,717
8Brownsville International Bridges $494,607
9Port of Savannah, Ga. $448,955
10Chicago O’Hare International Airport $295,005

U.S. trade with Lesotho rose to $78.64 million through March

Lesotho’s trade with the United States rose to $78.64 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 38.2 percent below its total trade during the same time period last year. Lesotho’s exports increased 7.75 percent while imports fell 38.24 percent. The U.S. deficit with Lesotho was $78.4 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Charleston; No. 3 John F. Kennedy International Airport; No. 4 Port of Houston; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Newark No. 3 Port of Charleston No. 4 Los Angeles International Airport and No. 5 Port of Virginia. In the current time period, the top five accounted for 94.35 percent of Lesotho’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 17.78 percent to $39.48 million.
    There were no exports. Imports rose 17.78 percent to $39.48 million.
  • Trade with No. 2 Port of Charleston fell 38.11 percent to $13.53 million.
    There were no exports. Imports fell 38.08 percent to $13.53 million.
  • Trade with No. 3 John F. Kennedy International Airport fell 74.85 percent to $12.15 million.
    There were no exports. Imports fell 74.85 percent to $12.15 million.
  • Trade with No. 4 Port of Houston rose 57.19 percent to $6.55 million.
    There were no exports. Imports rose 57.19 percent to $6.55 million.
  • Trade with No. 5 Port of Virginia fell 64.48 percent to $2.48 million.
    There were no exports. Imports fell 64.48 percent to $2.48 million.

Lesotho ranked No. 134 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 118.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Lesotho by value through March were the categories of Machines Etc For Testing Mech Prop of Materia 9024; Computers; Civilian aircraft, parts; Safes, Cash or Deed Boxes Etc a Prts, Base Me 8303; and Low value shipments, respectively. They accounted for 100 percent of total exports to Lesotho.

The value of the top five categories of U.S. imports from Lesotho –– Women’s or girls’ suits, knit or crocheted; Men’s or boys’ slacks, suits, not knit; Diamonds, not mounted; Men’s or boys’ shirts, knitted or crocheted; and T-shirts, tank tops, knit or crocheted –– accounted for 71.62 percent of all inbound shipments.

Looking more closely at U.S. exports to Lesotho:

  • Machines Etc For Testing Mech Prop of Materia 9024 totaled $72,307. The previous year, there were no exports in this category.
  • Computers fell 48.97 percent compared to last year to $18,910.
  • Civilian aircraft, parts rose 61.71 percent compared to last year to $13,024.
  • Safes, Cash or Deed Boxes Etc a Prts, Base Me 8303 totaled $12,484. The previous year, there were no exports in this category.
  • Low value shipments rose 11.56 percent compared to last year to $1,757.

Looking more closely at U.S. imports from Lesotho:

  • Women’s or girls’ suits, knit or crocheted fell 34.81 percent compared to last year to $15.58 million.
  • Men’s or boys’ slacks, suits, not knit fell 21.04 percent compared to last year to $11.07 million.
  • Diamonds, not mounted fell 79.98 percent compared to last year to $10.84 million.
  • Men’s or boys’ shirts, knitted or crocheted fell 20.93 percent compared to last year to $9.97 million.
  • T-shirts, tank tops, knit or crocheted rose 141.04 percent compared to last year to $8.78 million.

In the latest annual figures available, Lesotho recorded $310.51 million in trade with the United States. At year’s end, its were New York City; Charleston; Atlanta/Savannah; Houston; and Norfolk. Total U.S. exports to Lesotho were $ 1.9 million and imports from Lesotho were $308.61 million. The U.S. deficit with Lesotho was $306.7 million.