US trade with Lesotho in the 1st quarter of 2017

Published or Updated: Jul 30, 2017

The report on US foreign trade in goods with Lesotho in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Lesotho

In the 1st quarter of 2017, US trade with Lesotho was $64.3 million, down 6.19% ($4.2 million) from the 1st quarter of 2016.

US exports to Lesotho in the 1st quarter of 2017 totaled $0.2 million, up 48.01% ($0.1 million) from the 1st quarter of 2016.

US imports from Lesotho in the 1st quarter of 2017 were $64.1 million, down 6.31% ($4.3 million) from the 1st quarter of 2016.

US trade deficit with Lesotho in the 1st quarter of 2017 was $63.9 million, a 6.44% decrease ($4.4 million) over the 1st quarter of 2016.

Lesotho was the US 136th largest trading partner in the 1st quarter of 2017 (down from 124th in the 1st quarter of 2016), accounting for 0.0069% of US total trade (down from 0.0078% in the 1st quarter of 2016).

Lesotho was the US 212th largest export market in the 1st quarter of 2017 (up from 213th in the 1st quarter of 2016), accounting for 0.0001% of US total exports (up from 0.0000% in the 1st quarter of 2016).

Lesotho was the US 102nd largest supplier in the 1st quarter of 2017 (down from 98th in the 1st quarter of 2016), accounting for 0.0113% of US total imports (down from 0.0130% in the 1st quarter of 2016).

US Exports to Lesotho

The major share of US exports to Lesotho in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 46.84% of US total exports to Lesotho (50.25% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 20.43% of US total exports to Lesotho (33.00% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.93% of US total exports to Lesotho (0.00% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.76% of US total exports to Lesotho (0.00% in the 1st quarter of 2016).

The largest gains in US exports to Lesotho in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.0 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.0 million;
  • Musical instruments; parts and accessories of such articles (HS code 92) - an increase of $0.0 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.0 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.0 million.

The largest declines in US exports to Lesotho in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.0 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $0.0 million.
US exports to Lesotho in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
30 Pharmaceutical products 110.4 46.84 80.037.96
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 9.3 3.93 0.0
74 Copper and articles thereof 6.5 2.76 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 48.1 20.43 14.8224.37
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 35.0-100.00
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 2.7-100.00
92 Musical instruments; parts and accessories of such articles 18.5 7.85 0.0

US Imports from Lesotho

The major share of US imports from Lesotho in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 98.27% of US total imports from Lesotho (98.56% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.78% of US total imports from Lesotho (1.07% in the 1st quarter of 2016).

The largest gains in US imports from Lesotho in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $2.1 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $0.3 million.

The largest declines in US imports from Lesotho in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $6.6 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $0.2 million.
US imports from Lesotho in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 12.6-100.00
39 Plastics and articles thereof 81.2 0.13 71.014.42
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 2.7-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 44,958.5 70.15 51,526.3-12.75
62 Articles of apparel and clothing accessories, not knitted or crocheted 18,018.0 28.11 15,893.713.37
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 500.3 0.78 734.9-31.93
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 2.6-100.00
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 398.3 0.62 73.2444.14
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce