Mineral Fuels and Oil Imports of Lesotho in 2023

The limited oil production sectors of Lesotho and the increasing domestic acquisitions for the latest energy demands have made Lesotho rank among one of the leading import destinations of mineral fuels and oils in 2023. The high-quality products delivered by the foreign trade members and the competitive pricing strategies adopted by the trade management authorities attract the foreign importers towards the preceding import industry of Lesotho in 2023. The Lesotho Bureau of Statistics has reported that the import market has gained a hike from 2020 onwards worth a value of 430 million US dollars which is expected to record a hike of 5% per year.

The mineral fuels and oil imports of Lesotho in 2023 stand at a staggering rate of 1 billion US dollars accounting for an overall share of 4% of the annual GDP. Import Globals with its Lesotho Trade Data highlights all the key trade insights of the country’s global trade to help beginner business holders globally expand their business via well-maintained Excel sheets and multiple user accessibility to enhance proactive research of latest trends.

TOP 10 LEADING MINERAL FUELS AND OILS IMPORT OF LESOTHO IN 2023

According to the Lesotho Import Data valuation of mineral fuels and oils imports of Lesotho in 2023,

  1. Crude Petroleum — Import trade value of Crude Petroleum in Lesotho 2023–876 million US dollars
  2. Refined Petroleum- Import trade value of Refined Petroleum in Lesotho 2023–765 million US dollars
  3. Coal- Import trade value of Coal in Lesotho 2023–654 million US dollars
  4. Petroleum Gas- Import trade value of Petroleum Gas in Lesotho 2023–587 million US dollars
  5. Coke & Semi-coke- Import trade value of Coke & Semi-coke in Lesotho 2023–524 million US dollars
  6. Fuel Wood & Charcoal- Import trade value of Fuel Wood & Charcoal in Lesotho 2023–456 million US dollars
  7. Peat- Import trade value of Peat in Lesotho 2023–425 million US dollars
  8. Petroleum Jelly- Import trade value of Petroleum Jelly in Lesotho 2023–387 million US dollars
  9. Asphalt Mixtures- Import trade value of Asphalt Mixtures in Lesotho 2023–276 million US dollars
  10. Lubricating Oils & Greases- Import trade value of Lubricating Oils & Greases in Lesotho 2023–187 million US dollars

TOP 10 MINERAL FUELS AND OILS IMPORTING COMPANIES OF LESOTHO IN 2023

As per the Lesotho Export Data, the top 10 mineral fuels and oils importing companies of Lesotho in 2023 are,

  1. Engen Petroleum Limited — Total import value of mineral fuels and oils from Engen Petroleum Limited in 2023–900 million US dollars
  2. BP Lesotho- Total import value of mineral fuels and oils from BP Lesotho in 2023–756 million US dollars
  3. Letseng Diamonds Limited- Total import value of mineral fuels and oils from Letseng Diamonds Limited in 2023–658 million US dollars
  4. Puma Energy — Total import value of mineral fuels and oils from Puma Energy in 2023–578 million US dollars
  5. Caltex Lesotho- Total import value of mineral fuels and oils from Caltex Lesotho in 2023–546 million US dollars
  6. Sasol Oil — Total import value of mineral fuels and oils from Sasol Oil in 2023–453 million US dollars
  7. Nien Hsing Textile Lesotho Ltd- Total import value of mineral fuels and oils from Nien Hsing Textile Lesotho Ltd in 2023–400 million US dollars
  8. Sumitomo Rubber South Africa (PTY) LTD — Total import value of mineral fuels and oils from Sumitomo Rubber South Africa (PTY) LTD in 2023–384 million US dollars
  9. Kao Mine (PTY) LTD- Total import value of mineral fuels and oils from Kao Mine (PTY) LTD in 2023–287 million US dollars
  10. Limkop Refinery Pty Ltd — Total import value of mineral fuels and oils from Limkop Refinery Pty Ltdb in 2023–186 million US dollars

TOP 10 MINERAL FUELS AND OILS IMPORT TRADE PARTNERS OF LESOTHO IN 2023

The Lesotho Customs Data enlists the below-mentioned as the leading import trade partners of Lesotho for mineral fuels and oils import in 2023,

  1. South Africa — Total value of mineral fuels and oils imported in Lesotho from South Africa in 2023–789 million US dollars
  2. India- Total value of mineral fuels and oils imported in Lesotho from India in 2023–698 million US dollars
  3. United Arab Emirates- Total value of mineral fuels and oils imported in Lesotho from the United Arab Emirates in 2023–587 million US dollars.
  4. China- Total value of mineral fuels and oils imported in Lesotho from China in 2023–467 million US dollars
  5. Saudi Arabia- Total value of mineral fuels and oils imported in Lesotho from Saudi Arabia in 2023–432 million US dollars
  6. Mozambique- Total value of mineral fuels and oils imported in Lesotho from Mozambique in 2023–365 million US dollars
  7. Angola- Total value of mineral fuels and oils imported in Lesotho from Angola in 2023–287 million US dollars
  8. United States- Total value of mineral fuels and oils imported in Lesotho from the United States in 2023–165 million US dollars.
  9. United Kingdom — Total value of mineral fuels and oils imported in Lesotho from the United Kingdom in 2023–128 million US dollars
  10. Namibia- Total value of mineral fuels and oils imported in Lesotho from Namibia in 2023–110 million US dollars

IMPORT TRADE STATISTICS OF MINERAL FUELS AND OILS IMPORT IN LESOTHO FOR THE LAST 10 YEARS

  1. Import trade value of mineral fuels and oils imports in Lesotho 2013–276 million US dollars
  2. Import trade value of mineral fuels and oils imports in Lesotho 2014–310 million US dollars
  3. Import trade value of mineral fuels and oils imports in Lesotho 2015–356 million US dollars
  4. Import trade value of mineral fuels and oils imports in Lesotho 2016–387 million US dollars
  5. Import trade value of mineral fuels and oils imports in Lesotho 2017–425 million US dollars
  6. Import trade value of mineral fuels and oils imports in Lesotho 2018–456 million US dollars
  7. Import trade value of mineral fuels and oils imports in Lesotho 2019–500 million US dollars
  8. Import trade value of mineral fuels and oils imports in Lesotho 2020–581 million US dollars
  9. Import trade value of mineral fuels and oils imports in Lesotho 2021–678 million US dollars
  10. Import trade value of mineral fuels and oils imports in Lesotho 2022–889 million US dollars

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