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.
Lesotho Trade Summary
U.S. goods exports to Lesotho in 2022 were $11 million, up 227.3 percent ($7 million) from 2021 but down 36 percent from 2012. U.S. goods imports from Lesotho totaled $350 million in 2022, up 4.9 percent ($16 million) from 2021, and up 13 percent from 2012. The U.S. goods trade deficit with Lesotho was $339 million in 2022, a 2.7 percent increase ($9 million) over 2021.
NOTE: No services trade data with Lesotho are available.