Lesotho

Lesotho ranked No. 125 in total trade value through April with a total of $97.68 million. Exports totaled $610,754 and Imports totaled $97.07 million, a deficit of $96.46 million.

U.S. trade with Lesotho rose to $82.82 million through March

Lesotho’s trade with the United States rose to $82.82 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.32 percent above its total trade during the same time period last year. U.S. exports to Lesotho increased 411.31 percent while U.S. imports from Lesotho rose 4.71 percent. The U.S. deficit with Lesotho was $81.61 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 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 John F. Kennedy International Airport No. 4 Port of Houston and No. 5 Port of Virginia. In the current time period, the top five accounted for 89.58 percent of Lesotho’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark fell 23.47 percent to $30.21 million.
    There were no exports. Imports fell 23.47 percent to $30.21 million.
  • Trade with No. 2 Port of Charleston rose 37.55 percent to $18.62 million.
    There were no exports. Imports rose 37.55 percent to $18.62 million.
  • Trade with No. 3 Port of Houston rose 53.29 percent to $10.05 million.
    There were no exports. Imports rose 53.29 percent to $10.05 million.
  • Trade with No. 4 John F. Kennedy International Airport fell 36.69 percent to $7.69 million.
    Exports totaled $419,350. Imports fell 40.14 percent to $7.27 million.
  • Trade with No. 5 Port of Savannah, Ga. rose 1599.35 percent to $7.63 million.
    There were no exports. Imports rose 1599.35 percent to $7.63 million.

Lesotho ranked No. 125 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 134.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 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 $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Lesotho by value through March were the categories of Computers; Printers, all types, parts; Misc. petroluem resins, polysulfides; Electric Signal, Safety or Traffic Control Eq 8530; and Medical instruments, respectively. They accounted for 89.39 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; Men’s or boys’ shirts, knitted or crocheted; Men’s or boys’ suits, knit or crocheted; and T-shirts, tank tops, knit or crocheted –– accounted for 76.05 percent of all inbound shipments.

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

  • Computers rose 2122.89 percent compared to last year to $420,348.
  • Printers, all types, parts totaled $75,081. The previous year, there were no exports in this category.
  • Misc. petroluem resins, polysulfides totaled $17,850. The previous year, there were no exports in this category.
  • Electric Signal, Safety or Traffic Control Eq 8530 totaled $16,437. The previous year, there were no exports in this category.
  • Medical instruments totaled $11,811. The previous year, there were no exports in this category.

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

  • Women’s or girls’ suits, knit or crocheted rose 66.23 percent compared to last year to $25.9 million.
  • Men’s or boys’ slacks, suits, not knit rose 10.81 percent compared to last year to $12.27 million.
  • Men’s or boys’ shirts, knitted or crocheted rose 11.02 percent compared to last year to $11.07 million.
  • Men’s or boys’ suits, knit or crocheted fell 8.18 percent compared to last year to $7.17 million.
  • T-shirts, tank tops, knit or crocheted fell 30.33 percent compared to last year to $6.12 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.