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Lesotho

Lesotho ranked No. 129 in total trade value through February with a total of $56.88 million. Exports totaled $94,382 and Imports totaled $56.78 million, a deficit of $56.69 million.

January – February 2019

Top Trading Ports

Total Trade: $56.88 million

RankPortTotal YTD
1Port of Newark $27,354,734
2John F. Kennedy International Airport $11,964,085
3Port of Charleston $7,472,436
4Port of Houston $4,998,140
5Port of Virginia $1,855,740
6Hartsfield-Jackson Atlanta International Airport $729,187
7Port of New York $670,717
8Port of Savannah, Ga. $448,955
9Brownsville International Bridges $294,721
10Port of Los Angeles $253,082

U.S. trade with Lesotho rose to $56.88 million through February

Lesotho’s trade with the United States rose to $56.88 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 9.69 percent above its total trade during the same time period last year. Lesotho’s exports increased 5.85 percent while imports rose 9.7 percent. The U.S. deficit with Lesotho was $56.69 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 John F. Kennedy International Airport; No. 3 Port of Charleston; No. 4 Port of Houston; and No. 5 Port of Virginia. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Charleston No. 3 Los Angeles International Airport No. 4 Port of Virginia and No. 5 Port of Houston. In the current time period, the top five accounted for 94.32 percent of Lesotho’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 65.11 percent to $27.35 million.
    There were no exports. Imports rose 65.11 percent to $27.35 million.
  • Trade with No. 2 John F. Kennedy International Airport rose 428.96 percent to $11.96 million.
    There were no exports. Imports rose 428.96 percent to $11.96 million.
  • Trade with No. 3 Port of Charleston fell 52.88 percent to $7.47 million.
    There were no exports. Imports fell 52.85 percent to $7.47 million.
  • Trade with No. 4 Port of Houston rose 104.32 percent to $5 million.
    There were no exports. Imports rose 104.32 percent to $5 million.
  • Trade with No. 5 Port of Virginia fell 58.71 percent to $1.86 million.
    There were no exports. Imports fell 58.71 percent to $1.86 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. 133.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 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 $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Lesotho by value through February were the categories of Machines Etc For Testing Mech Prop of Materia 9024; Safes, Cash or Deed Boxes Etc a Prts, Base Me 8303; Computers; 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; Diamonds, not mounted; Men’s or boys’ slacks, suits, not knit; Men’s or boys’ suits, knit or crocheted; and Men’s or boys’ shirts, knitted or crocheted –– accounted for 75.71 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.
  • Safes, Cash or Deed Boxes Etc a Prts, Base Me 8303 totaled $12,484. The previous year, there were no exports in this category.
  • Computers fell 69.54 percent compared to last year to $8,050.
  • Low value shipments rose 19 percent compared to last year to $1,541.

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

  • Women’s or girls’ suits, knit or crocheted fell 6.6 percent compared to last year to $11.36 million.
  • Diamonds, not mounted rose 18.96 percent compared to last year to $10.69 million.
  • Men’s or boys’ slacks, suits, not knit fell 17.12 percent compared to last year to $7.72 million.
  • Men’s or boys’ suits, knit or crocheted rose 429.73 percent compared to last year to $6.88 million.
  • Men’s or boys’ shirts, knitted or crocheted fell 17.98 percent compared to last year to $6.34 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.