Lesotho import

Lesotho Import 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. According to Lesotho import data, the country's merchandise imports in 2022 came to a total of $1.88 billion. Lesotho saw a 12% rise in merchandise imports in comparison to 2021. In 2022, imports of goods increased by $ 201 million. In terms of overall imports among all nations in 2022, Lesotho ranked 168th out of 226 countries, according to Lesotho import data obtained from Lesotho trade data. 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 importer of various goods. We will now delve into the world of Lesotho import data, specifically focusing on the import trends in 2022.

 Lesotho Import Data | Lesotho Customs Data

168

The country has been ranked 168th in global imports, showing a significant position in the international trade landscape and import market.

0.01%

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

SOUTH AFRICA

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

PETROLEUM OIL AND WASTE OIL

Petroleum oil and waste oil are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Lesotho

As we analyze Lesotho's import data for the year 2022, one noticeable trend is the increase in overall imports compared to previous years. The country has witnessed a significant surge in the import of various goods, reflecting a growing demand for foreign products. Lesotho's top 10 imports in 2022 according to its import data are:

  • Petroleum oils and waste oils: 12.4% ($233 million)
  • Cotton: 5.05% ($94 million)
  • Knitted or crocheted fabrics: 2.79% ($52 million)
  • Electrical energy: 2.29% ($42 million)
  • Woven fabrics of synthetic filament yarn: 2.11% ($39 million)
  • Cereal flours other than wheat or meslin: 2.01% ($37 million)
  • Meat and edible offal: 1.86% ($34 million)
  • Wheat and meslin: 1.78% ($33 million)
  • Other knitted or crocheted fabrics: 1.77% ($33 million)
  • Motor cars and other motor vehicles: 1.69% ($31 million)
  • Partners

    Top 10 Import Partners of Lesotho

    By understanding the import trends, stakeholders can make informed decisions, identify business opportunities, and contribute to the economic growth of Lesotho. South Africa emerged as the biggest import partner of Lesotho in 2022. The top 10 import partners of Lesotho in 2022 include:

    Value In Percentage(%)

  • South Africa: 77% (1.44 billion US$)
  • China: 6.21% (116 million US$)
  • Other Asia, Nes: 4.18% (78 million US$)
  • Zimbabwe: 3.82% (71 million US$)
  • India: 1.69% (31 million US$)
  • Japan: 1.37% (15.7 million US$)
  • Hong Kong: 1.20% (13.6 million US$)
  • Mozambique: 1.08% (11.1 million US$)
  • United Arab Emirates: 0.98% (10.5 million US$)
  • Zambia: 0.83% (8.41 million US$)
  • Sample Data

    Understanding Lesotho Import 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.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Lesotho import data refers to the information available regarding the goods and commodities imported into the country. This data provides valuable insights into the country's trade dynamics, allowing businesses and policymakers to make informed decisions. By analyzing Lesotho import data, one can identify the trends, patterns, and preferences in terms of imported products. According to Lesotho customs data, Lesotho imported a total of $1.86 billion in 2022. The information we give you about Lesotho trade data and import 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 custom trade data contains a wide range of fields, such as HS codes, product descriptions, quantity and price, port names, and currency values.

    Benefits

    Benefits of Lesotho’s Import Data

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

    Lesotho import data refers to the information and statistics on the goods and services that are brought into the country from other countries.

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

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

    The major imports of Lesotho include machinery and equipment, food and live animals, chemicals, and textiles.

    Lesotho's top import partners include South Africa, China, India, and the United States.

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