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Lesotho

Lesotho ranked No. 130 in total trade value through October with a total of $344.6 million. Exports totaled $2.13 million and Imports totaled $342.47 million, a deficit of $340.34 million.

January – October 2018

Top Trading Ports

Total Trade: $344.6 million

RankPortTotal YTD
1Port of Newark $121,246,091
2Port of Charleston $81,489,214
3John F. Kennedy International Airport $77,498,247
4Port of Houston $18,914,936
5Los Angeles International Airport $16,276,994
6Port of Virginia $13,240,802
7Port of New York $4,119,679
8Port of Savannah, Ga. $2,907,248
9Hartsfield-Jackson Atlanta International Airport $2,324,724
10San Francisco International Airport, Calif. $1,401,961

U.S. trade with Lesotho rose to $344.6 million through October

Lesotho’s trade with the United States rose to $344.6 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 34.35 percent above its total trade during the same time period last year. Lesotho’s exports increased 70.2 percent while imports rose 34.17 percent. The U.S. deficit with Lesotho was $340.34 million.

Through October, 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 Los Angeles International Airport. 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 91.53 percent of Lesotho’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 10.87 percent to $121.25 million.
    Exports fell 95.7 percent to $14,200. Imports rose 11.19 percent to $121.23 million.
  • Trade with No. 2 Port of Charleston rose 4.21 percent to $81.49 million.
    Exports rose 47.86 percent to $39,430. Imports rose 4.2 percent to $81.45 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 380.02 percent to $77.5 million.
    Exports rose 5235.65 percent to $688,832. Imports rose 376.14 percent to $76.81 million.
  • Trade with No. 4 Port of Houston fell 6.22 percent to $18.91 million.
    There were no exports. Imports fell 6.22 percent to $18.91 million.
  • Trade with No. 5 Los Angeles International Airport rose 2079.78 percent to $16.28 million.
    Exports rose 106.8 percent to $24,686. Imports rose 2111.83 percent to $16.25 million.

Lesotho ranked No. 130 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 131.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Lesotho by value through October were the categories of Medical technology; Medical equipment for physicals; Computers; Cell phones, related equipment; and Medical instruments for surgeons, dentists, vets, respectively. They accounted for 81.32 percent of total exports to Lesotho.

The value of the top five categories of U.S. imports from Lesotho –– Diamonds, not mounted; Women’s or girls’ suits, knit or crocheted; Men’s or boys’ slacks, suits, not knit; Sweaters, pullovers, vests, knit or crocheted; and Men’s or boys’ shirts, knitted or crocheted –– accounted for 83.5 percent of all inbound shipments.

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

  • Medical technology rose 168.22 percent compared to last year to $812,715.
  • Medical equipment for physicals totaled $446,313. The previous year, there were no exports in this category.
  • Computers rose 262.8 percent compared to last year to $286,507.
  • Cell phones, related equipment rose 3699.09 percent compared to last year to $112,301.
  • Medical instruments for surgeons, dentists, vets totaled $74,875. The previous year, there were no exports in this category.

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

  • Diamonds, not mounted rose 586.69 percent compared to last year to $88.27 million.
  • Women’s or girls’ suits, knit or crocheted rose 22.73 percent compared to last year to $74.67 million.
  • Men’s or boys’ slacks, suits, not knit rose 7.39 percent compared to last year to $59.88 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 11.8 percent compared to last year to $37.86 million.
  • Men’s or boys’ shirts, knitted or crocheted fell 27.21 percent compared to last year to $25.29 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.