Lesotho Import Data

Lesotho Import Data

Encircled by South Africa, Lesotho is a tiny landlocked nation in Southern Africa. Maseru is the nation's largest city and capital, acting as both its political and economic hub. Lesotho's GDP is projected to reach USD 2.47 billion in 2024, with mining, manufacturing, textile production, and water exports accounting for most of this growth. As per Lesotho import data, Lesotho has a small but significant commercial activity, ranking 145th among importers worldwide. Because of its proximity and solid bilateral commercial relations, South Africa is now the country's top exporter to Lesotho, according to the most recent data. Lesotho is expected to import USD 2.9 billion in total in 2024. To meet its energy, transportation, and industrial demands, the nation imports the most refined petroleum.

According to Lesotho customs data, Lesotho is largely dependent on imports for consumer products, industrial materials, and necessities. Its membership in the Southern African Customs Union (SACU) has enhanced cross-border sourcing networks and expedited its commercial operations, especially with neighboring nations.

145

Lesotho's modest but crucial involvement in regional commerce is reflected in its placement of 145th in the world's import rankings.

0.01%

Lesotho contributes roughly 0.01% to global import volumes, highlighting its relatively small but strategic import economy.

South Africa

South Africa continues to be the biggest exporter to Lesotho, both as a neighbor and as an economic partner.

Refined Petroleum

Lesotho's import list is still dominated by refined petroleum because of its extensive use in infrastructure and industry.

 

Top 10 Import Products of Lesotho

According to Lesotho customs import data, Lesotho's dependence on outside vendors for consumer necessities, electronics, building supplies, and gasoline shapes the country's import basket. Lesotho's home spending habits and infrastructural development are emphasized by the top imported goods.

  • Refined Petroleum (HS Code 2710): 18.25% (USD 610 million)
  • Packaged Medicaments (HS Code 3004): 12.41% (USD 415 million)
  • Electrical Energy (HS Code 2716): 10.67% (USD 357 million)
  • Motor Vehicles (HS Code 8703): 9.13% (USD 305 million)
  • Wheat and Meslin (HS Code 1001): 8.21% (USD 275 million)
  • Telecommunication Equipment (HS Code 8517): 6.93% (USD 232 million)
  • Cement (HS Code 2523): 6.10% (USD 204 million)
  • Food Preparations (HS Code 2106): 5.47% (USD 183 million)
  • Fertilizers (HS Code 3105): 4.88% (USD 163 million)
  • Plastics and Plastic Articles (HS Code 3923): 3.98% (USD 133 million)
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Top 10 Import Trading Partners of Lesotho

As per Lesotho shipments data, Lesotho imports most of its goods from its regional partners, especially those in Southern Africa. In the mechanical and electronics sectors, trade relations with European and Asian countries are also growing.

  • South Africa: 67.45% (USD 2.26 billion)
  • China: 8.31% (USD 278 million)
  • India: 6.54% (USD 219 million)
  • United States: 4.98% (USD 167 million)
  • Germany: 3.86% (USD 129 million)
  • United Arab Emirates: 2.91% (USD 97 million)
  • Japan: 2.53% (USD 85 million)
  • Netherlands: 1.71% (USD 57 million)
  • United Kingdom: 1.52% (USD 51 million)
  • Italy: 0.99% (USD 33 million)

What Details Contain In Lesotho Import 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 import 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:

  • Importer Name
  • Importer Address
  • Exporter Name
  • Exporter 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 Import 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

According to Lesotho import data, South Africa is by far Lesotho’s top trading partner, contributing over 67.45% (USD 2.26 billion) of total imports in 2024. This is due to strong regional ties, shared borders, and economic agreements under SACU.

Yes, based on Lesotho trade data, Lesotho offers opportunities especially in sectors like textiles, manufacturing, and mining. Its access to Southern African Customs Union (SACU) and proximity to South Africa makes it a favorable location for companies looking to target both local and regional markets.

Lesotho import data helps companies identify demand trends, reliable importers, and pricing structures. Businesses can monitor competition, evaluate supplier efficiency, and plan procurement and pricing strategies with the help of accurate and verified Lesotho import data provider like Import Globals.

Lesotho customs data provides complete visibility into shipments by land, air, and sea. The data includes HS Code, importer/exporter details, FOB/CIF values, product description, quantity, origin and destination country, ports, and more. This import export data allows businesses to explore potential markets and track trade flows.

As per Lesotho import export data, refined petroleum is the top imported product, accounting for 18.25% of total imports (USD 610 million). Other in-demand imports include medicines, motor vehicles, telecom equipment, and food preparations.

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