Lesotho

In 2009, the value of merchandise exports of Lesotho increased substantially by 156.7 percent to reach 628.1 mln US$, while its merchandise imports increased by 27.2 percent to reach 1.4 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large deficit of 727.9 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Sub-Saharan Africa at -982.3 mln US$ (see graph 4). Merchandise exports in Lesotho were highly concentrated amongst partners; imports were also highly concentrated. The top 2 partners accounted for 80 percent or more of exports and 1 partner accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Lesotho increased substantially by 41.3 percent, reaching 63.5 mln US$, while its imports of services decreased moderately by 6.1 percent and reached 174.9 mln US$ (see graph 2). There was a large trade in services deficit of 111.4 mln US$.

Related Subject(s): International Trade and Finance

Countries: Lesotho