Top Traded Export of Lesotho in 2023

Lesotho spanning over a land area of 30,355 square kilometers is home to divergent natural resources and vast manufacturing sectors that produce its domestic goods for a huge range of exports contributing to a substantial share of the annual trade revenue of the nation. The manufacturing sectors are well maintained with high-tech equipment and cutting-edge technologies for proficient functioning resulting in proper economic trade demographics of the nation. Different wildlife reserves like Ts'ehlanyane National Park, Bokong Nature Reserve, Sehlabathebe National Park, Maloti-Drakensberg Transfrontier Conservation Area, and Liphofung Cave boost the tourism rate of the nation with their unique ecosystem.



The productive government initiatives along with the divergent rate of import and export trades of top domestic and globally demanded goods like electrical equipment, machinery, plastic materials, mineral fuels, and energy resources have recorded an export and import trade value of 1.55 billion US dollars and 2 billion US dollars in 2023 representing a significant GDP of 2.8 billion US dollars. Import Globals highlights all the key insights of the country’s growth rate with its Lesotho Import Data for proper analysis of the strategies to adopt for business expansion.

What is the Top Leading Export of Lesotho in 2023?

The detailed trade analysis of the Lesotho Trade Data shows that diamonds led the list of top exports of the nation boosting the overall trade growth, the significant factor behind this leading commodity is the continuous efforts of the mining sectors in mining high-quality gemstones with different techniques like Open-Pit Mining, Alluvial Mining, Underground Mining, Hydraulic Mining, Screening, and Sorting.

Accompanying the diamond exports, the other leading products like Wool, Mohair, Clothing and Textiles and Footwear contribute to the growing economy of the nation in 2023 with a revenue share of 200 million, 150 million, 70 million, and 50 million US dollars.

Top 10 Diamond Exports of Lesotho in 2023

According to the Lesotho Export Data, the top diamond exports of the nation in 2023 are discussed below,  

1. Rough Diamonds – Export trade value of Rough Diamonds from Lesotho in 2023 – 200 million US dollars.

2. Cut or Polished Diamonds – Export trade value of Cut or Polished Diamonds from Lesotho in 2023 – 150 million US dollars.

3. Industrial Diamonds – Export trade value of Industrial Diamonds from Lesotho in 2023 – 130 million US dollars.

4. Diamond Dust – Export trade value of Diamond Dust from Lesotho in 2023 – 120 million US dollars.

5. Uncut Gemstones – Export trade value of Uncut Gemstones from Lesotho in 2023 – 110 million US dollars.

6. Diamond Tools – Export trade value of Diamond Tools from Lesotho in 2023 – 90 million US dollars.

7. Synthetic Diamond Jewellery – Export trade value of Synthetic Diamond Jewellery from Lesotho in 2023 – 85 million US dollars.

8. Semi-Processed diamonds – Export trade value of Semi Processed diamonds from Lesotho in 2023 – 64 million US dollars.

9. Diamond Jewellery – Export trade value of Diamond Jewellery from Lesotho in 2023 – 57 million US dollars.

10. Diamond Coatings – Export trade value of Diamond Coatings from Lesotho in 2023 – 48 million US dollars.

Top Trade Partners of Lesotho for the Export of Diamond

The Lesotho Customs Data enlists the below-mentioned countries as the top trade partners of Lesotho for its diamond export,

1. Belgium – Export trade value of diamonds from Lesotho to Belgium in 2023 – 217 million US dollars.

2. Israel – Export trade value of diamonds from Lesotho to Israel in 2023 – 200 million US dollars.

3. India – Export trade value of diamonds from Lesotho to India in 2023 – 197 million US dollars.

4. UAE – Export trade value of diamonds from Lesotho to UAE in 2023 – 182 million US dollars.

5. Switzerland – Export trade value of diamonds from Lesotho to Switzerland in 2023 – 150 million US dollars.

6. Hong Kong – Export trade value of diamonds from Lesotho to Hong Kong in 2023 – 145 million US dollars.

7. South Africa – Export trade value of diamonds from Lesotho to South Africa in 2023 - 97 million US dollars.

8. China – Export trade value of diamonds from Lesotho to China in 2023 – 87 million US dollars.

9. United States – Export trade value of diamonds from Lesotho to the United States in 2023 – 64 million US dollars.

10. Thailand – Export trade value of diamonds from Lesotho to Thailand in 2023 – 52 million US dollars.

Top Diamond-producing Companies of Lesotho in 2023

The Lesotho Export Data enlists the below-mentioned companies as the top producers of diamonds in 2023,

1. Gem Diamonds Ltd – Valuations of diamond exports from Gem Diamonds Ltd in 2023 – 310 million US dollars.

2. Firestone Diamonds PLC – Valuations of diamond exports from Firestone Diamonds PLC in 2023 – 275 million US dollars.

3. Lucapa Diamond Company Ltd. – Valuations of diamond exports from Lucapa Diamond Company Ltd in 2023 – 240 million US dollars.

4. Namakwa Diamonds Limited – Valuations of diamond exports from Namakwa Diamonds Limited in 2023 - 180 million US dollars.

5. Storm Mountain Diamonds (Pty) Ltd. – Valuations of diamond exports from Storm Mountain Diamonds (Pty) Ltd. in 2023 – 165 million US dollars.

6. Maseru Diamond Corporation Ltd. – Valuations of diamond exports from Maseru Diamond Corporation Ltd. in 2023 - 149 million US dollars.

7. Storm Mountain Diamonds (Pty) Ltd. – Valuations of diamond exports from Storm Mountain Diamonds (Pty) Ltd.  in 2023 – 130 million US dollars.

8. ZCDC – Valuations of diamond exports from ZCDC in 2023 - 98 million US dollars.

9. Motema Resources – Valuations of diamond exports from Motema Resources in 2023 – 78 million US dollars.

10. Kao Diamond Mine – Valuations of diamond exports from Kao Diamond Mine in 2023 – 65 million US dollars.

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