Lesotho

Lesotho ranked No. 129 in total trade value through July with a total of $145.93 million. Exports totaled $1.74 million and Imports totaled $144.19 million, a deficit of $142.45 million.

U.S. trade with Lesotho rose to $145.93 million through July

Lesotho’s trade with the United States rose to $145.93 million through the first seven months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 19.08 percent below its total trade during the same time period last year. U.S. exports to Lesotho increased 432.29 percent while U.S. imports from Lesotho fell 19.9 percent. The U.S. deficit with Lesotho was $142.45 million.

Through July, 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 Port of Houston; No. 4 John F. Kennedy International Airport; and No. 5 Port of Savannah, Ga.. During the same period the previous year, the top five were No. 1 Port of Newark; No. 2 Port of Charleston; No. 3 Port of Houston; No. 4 John F. Kennedy International Airport and No. 5 Port of Virginia. In the current time period, the top five accounted for 87.21 percent of Lesotho’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark fell 39.93 percent to $44.97 million.
    There were no exports. Imports fell 39.93 percent to $44.97 million.
  • Trade with No. 2 Port of Charleston fell 32.84 percent to $32.64 million.
    There were no exports. Imports fell 32.84 percent to $32.64 million.
  • Trade with No. 3 Port of Houston fell 5.49 percent to $19.5 million.
    There were no exports. Imports fell 5.49 percent to $19.5 million.
  • Trade with No. 4 John F. Kennedy International Airport rose 36.59 percent to $18.55 million.
    Exports totaled $447,327. Imports rose 33.29 percent to $18.11 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 1470.33 percent to $11.59 million.
    There were no exports. Imports rose 1470.33 percent to $11.59 million.

Lesotho ranked No. 129 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 135.

Meanwhile, total U.S. trade with the world increased to $2.08 trillion, down 49.83 percent compared to the same period last year. The nation’s exports dropped 51.38 percent to $799.82 billion; imports dropped 48.81 percent to $1.28 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $479.12 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Lesotho by value through July were the categories of X-ray apparatus; Computers; Returned exports, with change; Printers, all types, parts; and Medical instruments, respectively. They accounted for 93.15 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 Men’s or boys’ suits, knit or crocheted –– accounted for 77.31 percent of all inbound shipments.

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

  • X-ray apparatus totaled $666,876. The previous year, there were no exports in this category.
  • Computers rose 434.56 percent compared to last year to $602,973.
  • Returned exports, with change totaled $208,399. The previous year, there were no exports in this category.
  • Printers, all types, parts totaled $75,081. The previous year, there were no exports in this category.
  • Medical instruments rose 1572.48 percent compared to last year to $66,899.

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

  • Women’s or girls’ suits, knit or crocheted fell 16.98 percent compared to last year to $42.81 million.
  • Men’s or boys’ slacks, suits, not knit fell 23.72 percent compared to last year to $26.01 million.
  • Diamonds, not mounted rose 40.81 percent compared to last year to $16.8 million.
  • Men’s or boys’ shirts, knitted or crocheted fell 10.9 percent compared to last year to $15.41 million.
  • Men’s or boys’ suits, knit or crocheted fell 10.05 percent compared to last year to $10.45 million.

In the latest annual figures available, Lesotho recorded $326.57 million in trade with the United States. Total U.S. exports to Lesotho were $ 1.21 million and imports from Lesotho were $325.36 million. The U.S. deficit with Lesotho was $324.15 million.