Top Export Trading Partners of Lesotho - Volza

Lesotho's primary export trading partners in 2023 are the United States (30% of exports, $150 million), South Africa (25%, $125 million), Canada (15%, $75 million), Belgium (10%, $50 million), and the United Kingdom (8%, $40 million).

Key exports to these countries include textiles, diamonds, and water. Trade agreements such as the African Growth and Opportunity Act (AGOA) with the United States and the Southern African Customs Union (SACU) facilitate smoother trade flows by reducing trade barriers and enhancing regional cooperation.

Lesotho's strategic incentives and government support promote a robust trade relationship, making it a crucial export market for these partners. The country's focus on textiles and mining industries, along with its logistical advantages such as proximity to South Africa, significantly influence its export dynamics. Lesotho's GDP growth rate is 2.5%, with an inflation rate of 5%, impacting its trade environment.