Machinery Import of Lesotho in 2024: Brief Insights of the Top Trade Partners

The management authorities of Lesotho have indulged the country in recording itself as a leading importer of machinery in the international trade market. Different commodities like nuclear reactors, boilers, machinery, and mechanical appliances are getting imported in a wide amount, with an approximate hike of 26% year-on-year increase. The machinery has been accounting for almost 9% of total imports since the previous several years. Non-electrical machinery parts and heavy construction and out-moving equipment are among the modest international supplies. Agricultural machinery has also been a substantial contributor to import economic growth.

The expanding infrastructure development, including roads and civil works, along with the rise in demand for machinery in the industrial sector, has led to an import trade value of 987 million US dollars in 2024. Import Globals with its Lesotho Export Data gives a detailed analysis of the overall import of machinery in the trade region, highlighting the potential upcoming opportunities for business holders who are looking for global service expansion.

GOVERNMENT INITIATIVES SUPPORTING THE IMPORT OF MACHINERY IN LESOTHO IN 2024

The government authorities of Lesotho have been continuously introducing several initiatives to counter the trade rates positively and to maintain stability in the domestic regions. The 30% subsidy for farmers for chasing tractors through accredited dealerships has improved access to agricultural machinery and has also enhanced farming productivity. The 100% depreciation allowance on mining equipment with capital investments in tax reduction and encouragement of investment in mining-related machinery imports has fuelled the overall growth rate.

The duty credit scheme for export-oriented manufacturers and the Trade Remedies Act to protect local industries have assembled the manufacturer’s strategies aligning with the international trade market. The digitized border clearance via e-customs and import codes for heavy machinery has introduced predictability for equipment importers.

THE LEADING VARIANTS OF MACHINERIES IMPORTED INTO LESOTHO IN 2024

Lesotho has been actively importing machineries from top foreign exporters to counter domestic acquisitions at a positive rate. As per the Lesotho Import Data, the top 10 leading variants of machineries imported in the nation in 2024 are,

  • Excavators — The total valuation of Excavators imported in Lesotho in 2024–187 million US dollars
  • Computers & data-processing equipment — The total valuation of Computers & data-processing equipment imported in Lesotho in 2024–165 million US dollars
  • Refrigeration & heat-pump appliances– The total valuation of Refrigeration & heat-pump appliances imported in Lesotho in 2024–142 million US dollars
  • Mixing machinery — The total valuation of Mixing machinery imported in Lesotho in 2024–98 million US dollars
  • Crane– The total valuation of Crane imported in Lesotho in 2024–87 million US dollars
  • Liquid pumps & elevators — The total valuation of Liquid pumps & elevators imported in Lesotho in 2024–76 million US dollars
  • Centrifuges & filtration machinery– The total valuation of Centrifuges & filtration machinery imported in Lesotho in 2024–68 million US dollars
  • Mechanical transmission parts– The total valuation of Mechanical transmission parts imported in Lesotho in 2024–59 million US dollars
  • Valves and similar plumbing– The total valuation of Valves and similar plumbing imported in Lesotho in 2024–48 million US dollars
  • Engines and electric motors– The total valuation of Engines and electric motors imported in Lesotho in 2024–32 million US dollars

THE TOP 10 IMPORT TRADE PARTNERS OF LESOTHO FOR MACHINERY IN 2024

The country has maintained stability in the bilateral ties with emerging markets, offering cost-effective valuations for the topmost-demanded machineries. According to the Lesotho Customs Data, the top 10 import trade partners of the nation for machineries in 2024 are,

  • South Africa — The total annual import trade value of machinery in Lesotho from South Africa in 2024–287 million US dollars

Top 5 variants of machinery imported

1. Bulldozers

2. Backhoe loaders

3. Crawler excavators

4. Wheel loaders

5. Motor graders

  • China — The total annual import trade value of machinery in Lesotho from China in 2024–176 million US dollars

Top 5 variants of machinery imported

1. Trenchers

2. Skid steer loaders

3. Compactors

4. Asphalt pavers

5. Tower cranes

  • India — The total annual import trade value of machinery in Lesotho from India in 2024–156 million US dollars

Top 5 variants of machinery imported

1. Mobile cranes

2. Road rollers

3. Rock crushers

4. Concrete mixers

5. Concrete batching plants

  • Japan — The total annual import trade value of machinery in Lesotho from Japan in 2024–128 million US dollars

Top 5 variants of machinery imported

1. Dump trucks

2. Vibratory rammers

3. Hydraulic breakers

4. Tunnel boring machines

5. Pile drivers

  • Vietnam — The total annual import trade value of machinery in Lesotho from Vietnam in 2024–98 million US dollars

Top 5 variants of machinery imported

1. Tractors

2. Combine harvesters

3. Seed drills

4. Sprayers

5. Ploughs

  • Hong Kong — The total annual import trade value of machinery in Lesotho from Hong Kong in 2024–87 million US dollars

Top 5 variants of machinery imported

1. Harrows

2. Rotavators

3. Baling machines

4. Milking machines

5. Threshers

  • Mozambique — The total annual import trade value of machinery in Lesotho from Mozambique in 2024–76 million US dollars

Top 5 variants of machinery imported

1. Hay rakes

2. Cultivators

3. Fertilizer spreaders

4. Potato planters

5. Rice transplanters

  • United States — The total annual import trade value of machinery in Lesotho from the United States in 2024–68 million US dollars

Top 5 variants of machinery imported

1. CNC milling machines

2. CNC lathes

3. Injection molding machines

4. Die-casting machines

5. 3D printers

  • European Union — The total annual import trade value of machinery in Lesotho from the European Union in 2024–56 million US dollars

Top 5 variants of machinery imported

1. Metal cutting bandsaws

2. Sheet metal bending machines

3. Surface grinders

4. EDM machines

5. Packaging machines

  • Asian states — The total annual import trade value of machinery in Lesotho from Asian states in 2024–48 million US dollars

Top 5 variants of machinery imported

1. Labeling machines

2. Industrial robots

3. Conveyor belt systems

4. Welding machines

5. Industrial boilers

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