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2023
Product
Exports | Imports $2.29B | $2.05B143 of 226 |  164 of 226
2023
Per Capita Product
Exports | Imports $1.86k | $1.67k101 of 220 |  134 of 220

About

Overview In 2023 Eswatini was the number 143 economy in the world in terms of total exports and the number 164 in total imports.

Exports The top exports of Eswatini are Scented Mixtures ($596M), Raw Sugar ($405M), Industrial Fatty Acids, Oils and Alcohols ($262M), Nitrogen Heterocyclic Compounds ($89.2M), and Non-Knit Men's Suits ($82.8M), exporting mostly to South Africa ($1.4B), Ireland ($94.2M), Mozambique ($92.2M), Kenya ($84.4M), and Nigeria ($72.5M).

Imports The top imports of Eswatini are Refined Petroleum ($257M), Electricity ($85.2M), Corn ($42.9M), Delivery Trucks ($42.1M), and Packaged Medicaments ($32.7M), importing mostly from South Africa ($1.46B), China ($159M), India ($74.1M), United States ($46.6M), and Mozambique ($26M).

Location Eswatini borders Mozambique and South Africa by land.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Eswatini.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Scented Mixtures$596M
Top Destination (2023)South Africa$1.4B

In 2023, Eswatini exported a total of $2.29B, making it the number 143 exporter in the world. During the last five reported years the exports of Eswatini have changed by $189M from $2.1B in 2018 to $2.29B in 2023.

The most recent exports are led by Scented Mixtures ($596M), Raw Sugar ($405M), Industrial Fatty Acids, Oils and Alcohols ($262M), Nitrogen Heterocyclic Compounds ($89.2M), and Non-Knit Men's Suits ($82.8M). The most common destination for the exports of Eswatini are South Africa ($1.4B), Ireland ($94.2M), Mozambique ($92.2M), Kenya ($84.4M), and Nigeria ($72.5M).

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Exports (2023)
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Destinations (2023)
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Market Growth

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Growth
Fastest Growing Export Markets (2022 - 2023)
Ireland$91.5M (+ 3.44k%)
Italy$34.2M (+ 905%)
South Africa$23.5M (+ 1.71%)
Fastest Growing Import Markets (2022 - 2023)
India$22.3M (+ 43.2%)
Bahrain$8.56M (+ 201%)
Austria$5.61M (+ 295%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Eswatini Exports Services (2015)$251M
Eswatini Imports Services (2015)$510M

In 2015, Eswatini exported $251M worth of services. The top services exported by Eswatini in 2015 were Miscellaneous business, professional, and technical services ($118M), Other transport ($59.3M), Government services, n.i.e. ($28M), Construction in the compiling economy ($24.9M), and Insurance services ($11.3M).

The top services imported by Eswatini in 2015 were Miscellaneous business, professional, and technical services ($354M), Other transport ($54.5M), Government services, n.i.e. ($35.1M), Insurance services ($18.2M), and Air transport ($14.2M).

Service Exports (2015)

Service Imports (2015)

Economic Complexity

Most Specialized Products by RCA Index

Eswatini has a high level of specialization in Scented Mixtures (195), Raw Sugar (98.7), Bitumen and asphalt (60.7), Non-Knit Men's Undergarments (41.7), and Packing Bags (34). Specialization is measured using RCA, an index that takes the ratio between Eswatini observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Eswatini according to the product complexity index (PCI) are Tools, hand; saws and blades for saws of all kinds (including slitting,... (1.71), Heterocyclic compounds with nitrogen hetero-atom(s) only (1.37), Acids; unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids;... (1.23), Heterocyclic compounds with oxygen hetero-atom(s) only (1.07), and Natural polymers (e.g. alginic acid) and modified natural polymers (e.g. hardened proteins,... (0.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Eswatini according to the relatedness index, were Knit Men's Coats (0.13), Crustaceans (0.13), Cassava (0.13), Knit Sweaters (0.13), and Other Knit Garments (0.12). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Eswatini is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Eswatini. These are products that tend to be co-exported with the products that Eswatini exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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