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Exports In 2023, Lesotho exported $12.9k in Insulated Wire, making it the 190th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 218th most exported product in Lesotho. The main destination of Insulated Wire exports from Lesotho are: South Africa ($5.59k), Netherlands ($2.6k), Bahrain ($2.39k), Kenya ($927), and Tunisia ($861).

The fastest growing export markets for Insulated Wire of Lesotho between 2022 and 2023 were Netherlands ($2.6k), Bahrain ($2.39k), and Kenya ($927).

Imports In 2023, Lesotho imported $8.27M in Insulated Wire, becoming the 170th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 42nd most imported product in Lesotho. Lesotho imports Insulated Wire primarily from: South Africa ($5.66M), China ($2.03M), Zambia ($463k), Chinese Taipei ($31.4k), and Hong Kong ($28.9k).

The fastest growing import markets in Insulated Wire for Lesotho between 2022 and 2023 were South Africa ($2.4M), China ($524k), and Zambia ($463k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insulated Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$12.9k
IMPORTS (2023)$8.27M
NET TRADE (2023)-$8.25M

In 2023, Lesotho exported $12.9k in Insulated Wire. The main destinations of Lesotho exports on Insulated Wire were South Africa ($5.59k), Netherlands ($2.6k), Bahrain ($2.39k), Kenya ($927), and Tunisia ($861).

In 2023, Lesotho imported $8.27M in Insulated Wire, mainly from South Africa ($5.66M), China ($2.03M), Zambia ($463k), Chinese Taipei ($31.4k), and Hong Kong ($28.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Lesotho WERE (2022 - 2023):
Netherlands$2.6k (1%)
Bahrain$2.39k (1%)
Kenya$927 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Lesotho WERE (2022 - 2023):
South Africa-$69.3k (-92.5%)
United States-$4.56k (-99.5%)
United Arab Emirates-$2.12k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Lesotho' main exporting competitors in Insulated Wire were:
In 2023, Lesotho' main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $24.5k
TOP IMPORT POTENTIALChina+ $350k

Insulated Wire’s highest export potential is United States. With an export gap of $24.5k.   Insulated Wire’s highest import potential is China with an import gap of $350k.

See methodology.

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