![[Dataset] Trade and Regional Integration in Lesotho: FY2019/20](https://politicaleconomy.org.za/wp-content/uploads/wpdm-cache/2c401283fc51069b25b57ff6bba2ddbd.jpg)
- Version
- Download 8
- File Size 0.00 KB
- File Count 1
- Create Date November 4, 2019
- Last Updated April 22, 2020
Lesotho's exports have grown consistently during the period from 2015 to 2018 even though the merchandise trade balance has not improve significantly. This has led to a minor deterioration in gross official foreign exchange reserves in spite of the persistent depreciation of the LSL until 2017/18. In addition, the widening services trade deficit has deteriorated Lesotho’s current account balance. Lesotho is still heavily dependent on clothing and textiles and diamond exports which are also amongst its top export to the Southern African Development Community (SADC). However, Lesotho is highly integrated in SADC but its trade is unbalanced due to the significant trade deficit in the region. This suggests that there is significant room to increase and diversify Lesotho’s exports to SADC.
PESA is an independent think-tank promoting regional integration in SADC and providing research on the political economy of development in Africa.
Copyright © 2015-2025 PESA. All Rights Reserved.
Follow us on some of your favourite social media.
Please complete the General Enquiry form and submit it to us for a response. Please use the subject “Media” for all media-related requests.
By continuing to use the site, you agree to the use of cookies. Click here for more information.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.