AGOA Status: Lesotho is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and the Southern Africa Customs Union (SACU), which includes Lesotho, signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008. The TIDCA establishes a forum for consultative discussions, cooperative work, and possible agreements on a wide range of trade issues, with a special focus on customs and trade facilitation, technical barriers to trade, sanitary and phytosanitary (SPS) measures, and trade and investment promotion.
U.S.-Lesotho Trade Facts
Lesotho is currently our 132nd largest goods trading partner with $327 million in total (exports plus imports) goods trade during 2012. Goods exports totaled $17 million; Goods imports totaled $311 million. The U.S. goods trade deficit with Lesotho was $294 million in 2012.
Lesotho was the United States' 194th goods export market in 2012.
U.S. goods exports to Lesotho in 2012 were $17 million, up 25% from 2011.
The top export category (2-digit HS) for 2012 was: Cotton and Yarn ($14 million).
Lesotho was the United States' 99th largest supplier of goods imports in 2012.
U.S. goods imports from Lesotho totaled $311 million in 2012, a 19.2% decrease from 2011.
The top import categories (2-digit HS) for 2012 were: Knit Apparel ($188 million) and Woven Apparel ($113 million). These two categories represented 97% of total imports from Lesotho.
The U.S. goods trade deficit with Lesotho was $294 million in 2012, a 20.8% decrease from 2011.