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Lesotho

AGOA Status: Lesotho is eligible for AGOA this year. It also qualifies for textile and apparel benefits.

Trade Agreements: The U.S. and the Southern Africa Customs Union (SACU), which includes Lesotho, signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008. The TIDCA establishes a forum for consultative discussions, cooperative work, and possible agreements on a wide range of trade issues, with a special focus on customs and trade facilitation, technical barriers to trade, sanitary and phytosanitary (SPS) measures, and trade and investment promotion.

U.S.-Lesotho Trade Facts

Lesotho is currently our 128th largest goods trading partner with $424 million in total (two way) goods trade during 2018. Goods exports totaled $2 million; goods imports totaled $422 million. The U.S. goods trade deficit with Lesotho was $420 million in 2018.

According to the Department of Commerce, U.S. exports of goods to Lesotho supported an estimated 2 jobs in 2015 (latest data available).

Exports

  • Lesotho was the United States' 212th largest goods export market in 2018.
     
  • U.S. goods exports to Lesotho in 2018 were $2 million, up 21.6% ($410 thousand) from 2017 and up 72.6% from 2008.
     
  • The top export categories (2-digit HS) in 2018 were: optical and medical instruments ($1 million), machinery ($456 thousand), electrical machinery ($208 thousand), special other ($108 thousand), and plastics ($64 thousand).
     
  • U.S. total exports of agricultural products to Lesotho totaled $14 thousand in 2018.

Imports

  • Lesotho was the United States' 100th largest supplier of goods imports in 2018.
     
  • U.S. goods imports from Lesotho totaled $422 million in 2018, up 36.8% ($113 million) from 2017, and up 12.7% from 2008. 
     
  • The top import categories (2-digit HS) in 2018 were: knit apparel ($213 million), woven apparel ($108 million), precious metal and stone ($98 million), electrical machinery ($2 million), and special other ($391 thousand).
     
  • U.S. total imports of agricultural products from Lesotho totaled $109 thousand in 2018.

Trade Balance

  • The U.S. goods trade deficit with Lesotho was $420 million in 2018, a 36.9% increase ($113 million) over 2017.

Investment

  • U.S. foreign direct investment (FDI) in Lesotho (stock) was $3 million in 2017, unchanged from 2016. There is no information on the distribution of U.S. FDI in Lesotho.

  • No data on Lesotho's FDI in the U.S. are available. There is no information on the distribution of Lesotho FDI in the U.S.  

NOTE: No services trade data with Lesotho are available.