Eswatini
Compare Eswatini →SZ · SWZ · BACI 748 · latest data 2024
Exports
= $2,181 M39.9% over 5 yrs (down)
Imports
= $2,131 M6.3% over 5 yrs (up)
Trade balancesurplus
= $50 M
Total trade
= $4,312 M23.4% over 5 yrs (down)
- World position
- #139 of 225 exporters · bottom half · #158 of 225 importers · bottom half · 2024
Trade timeline
Eswatini's exports grew from $997M in 2000 to $2.2B in 2024; the 2024 balance was $50M.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 2000 | $997 M | $1,220 M | −$223 M | $2,217 M |
| 2001 | $980 M | $1,027 M | −$47 M | $2,007 M |
| 2002 | $1,487 M | $1,147 M | $340 M | $2,634 M |
| 2003 | $2,131 M | $1,615 M | $516 M | $3,746 M |
| 2004 | $1,984 M | $1,922 M | $62 M | $3,905 M |
| 2005 | $1,548 M | $1,789 M | −$241 M | $3,337 M |
| 2006 | $1,950 M | $1,376 M | $574 M | $3,327 M |
| 2007 | $1,985 M | $1,428 M | $557 M | $3,413 M |
| 2008 | $2,006 M | $1,327 M | $679 M | $3,333 M |
| 2009 | $1,871 M | $1,328 M | $544 M | $3,199 M |
| 2010 | $2,267 M | $1,940 M | $327 M | $4,207 M |
| 2011 | $2,164 M | $2,764 M | −$600 M | $4,928 M |
| 2012 | $2,262 M | $1,967 M | $295 M | $4,229 M |
| 2013 | $2,410 M | $1,879 M | $531 M | $4,288 M |
| 2014 | $2,413 M | $2,009 M | $404 M | $4,422 M |
| 2015 | $2,048 M | $1,696 M | $352 M | $3,744 M |
| 2016 | $1,814 M | $1,621 M | $193 M | $3,435 M |
| 2017 | $2,032 M | $1,662 M | $370 M | $3,694 M |
| 2018 | $2,100 M | $2,009 M | $91 M | $4,109 M |
| 2019 | $3,627 M | $2,005 M | $1,622 M | $5,632 M |
| 2020 | $1,970 M | $1,642 M | $328 M | $3,611 M |
| 2021 | $2,485 M | $2,169 M | $316 M | $4,654 M |
| 2022 | $2,260 M | $2,302 M | −$42 M | $4,561 M |
| 2023 | $2,289 M | $2,049 M | $240 M | $4,338 M |
| 2024 | $2,181 M | $2,131 M | $50 M | $4,312 M |
Trading partners
South Africa was Eswatini's top trading partner in 2024, at 73.8% of total trade; the top five partners covered 84.2%.
- Top partner share
- 73.8%
- Top-5 share
- 84.2%
- Partners
- 120
- Partner HHI (0–1)
- 0.549
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | South Africa | $1,494 M | $1,689 M | $3,184 M | −$195 M |
| #2 | Guyana | $5 M | $172 M | $177 M | −$166 M |
| #3 | Nigeria | $86 M | $11 M | $96 M | $75 M |
| #4 | Kenya | $93 M | $2 M | $95 M | $92 M |
| #5 | Mozambique | $60 M | $19 M | $79 M | $41 M |
| #6 | United States | $23 M | $42 M | $65 M | −$19 M |
| #7 | Zimbabwe | $51 M | $1 M | $52 M | $51 M |
| #8 | China | $1 M | $51 M | $51 M | −$50 M |
| #9 | Tanzania | $43 M | $0 M | $43 M | $43 M |
| #10 | Italy | $28 M | $14 M | $41 M | $14 M |
| #11 | Uganda | $39 M | $0 M | $39 M | $39 M |
| #12 | United Kingdom | $33 M | $3 M | $36 M | $30 M |
| #13 | India | $13 M | $19 M | $32 M | −$6 M |
| #14 | Germany | $12 M | $20 M | $32 M | −$9 M |
| #15 | Zambia | $29 M | $1 M | $30 M | $29 M |
Products & sectors
Product composition of Eswatini's trade in 2024.
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Concentration & risk
Eswatini's export partners concentrated over 2000–2024 — HHI 0.294 → 0.476, a concentrated export base across 119 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 2000 | 0.294 | 0.704 | 122 | 97 |
| 2001 | 0.147 | 0.525 | 108 | 74 |
| 2002 | 0.156 | 0.549 | 116 | 80 |
| 2003 | 0.168 | 0.557 | 115 | 79 |
| 2004 | 0.239 | 0.667 | 124 | 89 |
| 2005 | 0.135 | 0.560 | 121 | 89 |
| 2006 | 0.097 | 0.499 | 129 | 88 |
| 2007 | 0.216 | 0.528 | 128 | 94 |
| 2008 | 0.155 | 0.564 | 153 | 117 |
| 2009 | 0.136 | 0.578 | 156 | 113 |
| 2010 | 0.201 | 0.566 | 158 | 119 |
| 2011 | 0.227 | 0.587 | 157 | 138 |
| 2012 | 0.278 | 0.602 | 148 | 137 |
| 2013 | 0.267 | 0.651 | 156 | 131 |
| 2014 | 0.245 | 0.533 | 156 | 130 |
| 2015 | 0.325 | 0.539 | 160 | 134 |
| 2016 | 0.351 | 0.538 | 151 | 139 |
| 2017 | 0.376 | 0.543 | 157 | 136 |
| 2018 | 0.354 | 0.458 | 161 | 148 |
| 2019 | 0.317 | 0.446 | 157 | 149 |
| 2020 | 0.333 | 0.483 | 149 | 158 |
| 2021 | 0.337 | 0.493 | 156 | 165 |
| 2022 | 0.379 | 0.429 | 153 | 159 |
| 2023 | 0.382 | 0.516 | 152 | 156 |
| 2024 | 0.476 | 0.636 | 119 | 76 |
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