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Lesotho Export Data

Lesotho Export Data

South Africa completely encircles Lesotho, a landlocked nation in Southern Africa. Maseru is its major city and capital. The GDP of the nation is projected to reach USD 2.7 billion in 2024. Global trade data show that Lesotho is the 142nd largest exporter in the world. As per Lesotho export data, Lesotho's main export destination is the United States. According to a combination of sources, Lesotho's overall export value in 2024 is projected to be USD 1.35 billion. Textiles and clothes, especially clothing and accessories, are the nation's leading exports.

Thanks to trade accords like the African Growth and Opportunity Act (AGOA), Lesotho has strategically positioned itself in the global textile sector despite its small size and economy. As per Lesotho trade data, the nation has established a thriving garment manufacturing industry, with its main export destinations being the US and the EU. In addition, Lesotho exports wool, water, and diamonds.

142

Lesotho's ranking of 142nd in the world's export rankings reflects its expanding but still-emerging role in global commerce.

0.008%

In 2024, Lesotho will make up around 0.008% of the world's total export volume.

United States

The United States is Lesotho's largest export destination, according to the most recent data available.

Textile and Apparel

Since most of Lesotho's exports are apparel and accessories, the textile industry is the main source of foreign exchange earnings for the nation.

 

Top 10 Export Products of Lesotho

As per Lesotho trade statistics, clothing, natural resources, and specialty agricultural products make up the majority of Lesotho's exports. The top ten exported goods are displayed in the pie chart below, along with their projected USD values and HS Codes:

  • Men's or boys' suits, ensembles, etc. (HS Code 6203): 22.15% ($299 million)
  • Diamonds (Non-industrial, unworked) (HS Code 7102): 17.04% ($230 million)
  • Women's or girls' suits, ensembles, etc. (HS Code 6204): 15.56% ($210 million)
  • Jerseys, pullovers, cardigans (HS Code 6110): 10.74% ($145 million)
  • T-shirts, singlets, and vests (HS Code 6109): 9.63% ($130 million)
  • Wool and fine animal hair (not carded or combed) (HS Code 5101): 6.67% ($90 million)
  • Footwear with outer soles of rubber/plastic (HS Code 6402): 5.19% ($70 million)
  • Electrical apparatus for switching/protection (HS Code 8536): 3.70% ($50 million)
  • Water (including bottled or packaged water) (HS Code 2201): 3.33% ($45 million)
  • Textile fabrics and accessories (HS Code 6006): 2.96% ($40 million)
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Top 10 Export Trading Partners of Lesotho

The majority of Lesotho's main export partners are industrialized nations with advantageous trade agreements, followed by African regional partners. The top ten export destinations, together with their projected trade values, are shown below:

  • United States: 33.33% ($450 million)
  • South Africa: 25.19% ($340 million)
  • Belgium: 10.37% ($140 million)
  • Canada: 6.67% ($90 million)
  • Germany: 5.19% ($70 million)
  • United Kingdom: 4.44% ($60 million)
  • Netherlands: 3.70% ($50 million)
  • Japan: 3.33% ($45 million)
  • Botswana: 3.11% ($42 million)
  • China: 2.96% ($40 million)

What Details Contain In Lesotho Export Data?

All shipments by land, air, and sea are covered by the 100% comprehensive customs detailed data for Lesotho. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of export operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Lesotho market. The data contains all required fields:

  • Exporter Name
  • Exporter Address
  • Importer Name
  • Importer Address
  • Shipping Bill Number
  • Shipping Bill Date
  • Declaration Number
  • HS Code
  • Product Description
  • FOB Value
  • CIF Value
  • Manufacturing Country
  • Destination Country
  • Net Weight
  • Gross Weight
  • Quantity
  • Unit
  • Currency & Incoterms
  • Mode of Transportation
  • Port of Loading
  • Port of Unloading
  • Email
  • Contact

Benefits of Lesotho Export data in your business

  • Use this information to investigate the global market: Learn important information about the Lesotho import market and find international vendors.
  • Business Decision: Make well-informed choices supported by correct, up-to-date facts.
  • Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
  • Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
  • Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
  • Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

Due to Lesotho’s inclusion under the African Growth and Opportunity Act (AGOA), many Lesotho-origin goods, especially textiles, enter the USA duty-free, according to Lesotho trade data. Lesotho does not impose heavy tariffs on U.S. products, maintaining a favorable bilateral trading environment.

According to Lesotho export data, textiles and garments dominate the country’s exports. The top items include men’s and women’s suits (HS Codes 6203 & 6204), jerseys, and T-shirts. This strong performance is driven by AGOA access and trade agreements.

Based on Lesotho export import data, Lesotho is heavily investing in its textile and garment sector, aiming to expand capacity and improve export competitiveness. Export trade data shows continuous growth in clothing-related exports to the US and EU markets.

Countries like the United States (33.33%) and South Africa (25.19%) are significant importers of Lesotho goods, based on Lesotho customs data. Their textile, diamond, and wool industries rely heavily on Lesotho's exports for raw materials and finished garments.

Import Globals, a verified Lesotho Export Data Provider, offers reliable and updated customs data sourced from government agencies. Businesses can use this trade data to identify market gaps, suppliers, or high-performing competitors for expansion.

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