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Lesotho export Statistics

Lesotho Export Data

The kingdom of Lesotho is another name for Lesotho. It is a landlocked nation with South Africa encircling it. Southern Africa is home to Lesotho. The land area of this nation is around 30,000 km^2. Lesotho's economy is entirely dependent on basic industries including mining, manufacturing, agriculture, and cattle rearing. Lesotho is a landlocked country located in southern Africa, known for its mountainous terrain and rich culture. Despite being a small nation, Lesotho plays a crucial role in international trade as an exporter of various goods.

According to Lesotho export data, the country's goods exports in 2023 accounted for $794 million. Lesotho saw a 9% decrease in goods exports in comparison to the previous year. In terms of overall exports among all nations in 2023, Lesotho ranked 160th out of 226 countries, according to Lesotho export data obtained from Lesotho trade data. Precious stones and metals are the biggest exports of Lesotho, and South Africa is its biggest export partner. Lesotho has a total GDP of $6 billion, with a GDP export share of 47.22%. Lesotho is a part of trading blocs such as SACUM, WTO, and SACU. We will now delve into the world of Lesotho export data, specifically focusing on the export trends in 2023. 

Lesotho Export Data | Lesotho Trade Data | Lesotho Customs Data

160

The country has been ranked 160th in global exports, showing a significant position in the international trade landscape and export market.

0.01%

With a mere 0.01% share in global export trade, it becomes evident that its presence in the international import market is fairly steady.

SOUTH AFRICA

South Africa holds a significant role as the largest export partner of the country in terms of goods exports and export share.

PRECIOUS STONES AND METALS

Precious stones and metals are the biggest export commodities of the country, playing a vital role in its economy.

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export

Top 10 Exports of Lesotho

As we examine Lesotho's export data for the year 2023, one noticeable trend is the decrease in overall exports compared to previous years. The country has witnessed a significant steadiness in the export of various goods, reflecting a growing demand for foreign products. Lesotho's top 10 exports in 2023 according to its export data are:

  • Precious stones and metals, pearls (HS code 71): 23.59% ($196.08 million) 
  • Articles of apparel and clothing, knitted (HS code 61): 21.85% ($181.61 million) 
  • Articles of apparel and clothing, not knitted (HS code 62): 15.55% ($129.26 million) 
  • Beverages, spirits, and vinegar (HS code 22): 9.05% ($75.23 million) 
  • Wool (HS code 51): 5.79% ($48.16 million) 
  • Electrical machinery and equipment (HS code 85): 4.71% (39.11 million US$) 
  • Other made-up textile articles (HS code 63): 3.99% ($33.15 million) 
  • Cotton (HS code 52): 3.26% ($27.13 million) 
  • Nuclear reactors and machinery (HS code 84): 2.41% ($20.07 million) 
  • Products of the milling industry (HS code 11): 2.06% ($17.14 million)
    • Partners

    Top 10 Export Partners of Lesotho

    By understanding the export trends, stakeholders can make informed decisions, identify business opportunities, and contribute to the economic growth of Lesotho. South Africa emerged as the biggest export partner of Lesotho in 2023. The top 10 export partners of Lesotho in 2023 include:

    Value In Percentage(%)

  • South Africa: 53.6% (445.70 million US$)
  • Belgium: 23.6% (196.16 million US$)
  • USA: 18.9% (156.89 million US$)
  • Eswatini: 0.9% (7.41 million US$)
  • Germany: 0.7% (5.72 million US$)
  • Canada: 0.6% (5.07 million US$)
  • United Kingdom: 0.4% (2.94 million US$)
  • Egypt: 0.3% (2.58 million US$)
  • Botswana: 0.2% (1.75 million US$)
  • Mozambique: 0.1% (1.11 million US$)
    • Sample Data

    Understanding Lesotho Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Lesotho’s export data refers to the information available regarding the goods and commodities exported out of the country. This data provides valuable insights into the country's trade dynamics, allowing businesses and policymakers to make informed decisions. By analyzing Lesotho’s export data, one can identify the trends, patterns, and preferences in terms of exported products. According to Lesotho trade data, Lesotho exported a total of $794 million in 2023. The information we give you about Lesotho trade data and export data is quite helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. We obtain trustworthy data from organizations, other shipping firms, and customs ports in Lesotho. Lesotho trade data contains a wide range of fields, such as HS codes, product descriptions, quantity and price, port names, and currency values. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. 

    Benefits

    Benefits of Lesotho’s Export Data

  • Expand your business into the Lesotho export Market.
  • View Lesotho's most recent product demand globally.
  • Track and Examine the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on export data.
  • Create a powerful brand identity in Lesotho.
  • Create more ROI and futuristic business goals.
  • You’ll receive the name and address of the importer/exporter in our reports.

    • Frequently Asked Questions!!

    Lesotho export data refers to the information and statistics on the goods and services that are exported from Lesotho to other countries.

    Lesotho export data is important for tracking the country's international trade, analyzing its economy, and making informed decisions on trade policies and strategies.

    Lesotho export data is collected by the Lesotho Revenue Authority (LRA), which is responsible for monitoring and regulating the country's imports and exports.

    The major exports of Lesotho include Diamonds, textiles, cotton, wool, machinery, and electrical apparatus.

    Lesotho's top export partners include South Africa, the USA, Belgium, Germany, and Botswana.

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