Lesotho Balance of Trade

Lesotho recorded a trade deficit of 2202.87 LSL Million in the fourth quarter of 2013. Balance of Trade in Lesotho is reported by the Central Bank of Lesotho. Balance of Trade in Lesotho averaged -1472.85 LSL Million from 2001 until 2013, reaching an all time high of -746.93 LSL Million in the third quarter of 2006 and a record low of -3028.61 LSL Million in the first quarter of 2012. Lesotho runs systemic trade deficits due to import dependency on fuel, food and capital equipment. The main exports are: clothing (40 percent of total exports), diamonds (22 percent), road vehicles, water and wool. Main trading partner are the United States and South Africa. This page provides - Lesotho Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2202.87 -2197.29 -746.93 -3028.61 -2299.06 | 2014/06 2001 - 2013 LSL Million Quarterly

TO

Lesotho Balance of Trade
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -2202.87 2013-12-31 -2197.29 -746.93 -3028.61 -2299.06 2014-06-30 LSL Million [+]
Current Account 78.30 2013-12-31 274.90 829.12 -2059.61 92.08 2014-06-30 LSL Million [+]
Current Account to GDP -18.80 2012-12-31 -16.60 14.65 -39.67 -14.41 2014-06-30 Percent [+]
Exports 2134.53 2013-12-31 2289.90 2701.57 476.79 2116.69 2014-06-30 LSL Million [+]
Imports 4337.40 2013-12-31 4487.06 5142.58 1337.33 4324.95 2014-06-30 LSL Million [+]
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Balance of Trade | Notes
The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.


RELATED NEWS

Lesotho Balance of Trade at -2202.87 LSL Million  
Lesotho recorded a trade deficit of 2202.87 LSL Million in the fourth quarter of 2013. Balance of Trade in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Exports at 2134.53 LSL Million  
Exports in Lesotho decreased to 2134.53 LSL Million in the fourth quarter of 2013 from 2289.90 LSL Million in the third quarter of 2013. Exports in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Imports at 4337.40 LSL Million  
Imports in Lesotho decreased to 4337.40 LSL Million in the fourth quarter of 2013 from 4487.06 LSL Million in the third quarter of 2013. Imports in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Current Account to GDP at -18.80 Percent  
Lesotho recorded a Current Account deficit of 18.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Current Account at 78.30 LSL Million  
Lesotho recorded a Current Account surplus of 78.30 LSL Million in the fourth quarter of 2013. Current Account in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Inflation Rate at 5.70 Percent  
The inflation rate in Lesotho was recorded at 5.70 percent in February of 2014. Inflation Rate in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Interest Rate at 6.01 Percent  
The benchmark interest rate in Lesotho was last recorded at 6.01 percent. Interest Rate in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Government Budget at -10.40 Percent of GDP  
Lesotho recorded a Government Budget deficit equal to 10.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Lesotho stands at 35 percent. Personal Income Tax Rate in Lesotho is reported by the Ministry of Finance.
Lesotho Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Lesotho stands at 35 percent. Corporate Tax Rate in Lesotho is reported by the Commissioner of Income Tax.
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