India (IND) and Eswatini (SWZ) Trade | The Observatory of Economic Complexity

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India-Eswatini Trade: In 2023, India exported $74.1M to Eswatini. The main products that India exported to Eswatini were Packaged Medicaments ($16.4M), Rice ($14.5M), and Refined Petroleum ($10.8M). Over the past 5 years the exports of India to Eswatini have increased at an annualized rate of 0.33%, from $72.8M in 2018 to $74.1M in 2023.

In 2023, India did not export any services to Eswatini.

Eswatini-India Trade: In 2023, Eswatini exported $11.1M to India. The main products that Eswatini exported to India were Scrap Iron ($6.49M), Scrap Copper ($868k), and Scrap Aluminium ($445k). Over the past 5 years the exports of Eswatini to India have increased at an annualized rate of 3.29%, from $9.47M in 2018 to $11.1M in 2023.

In 2023, Eswatini did not export any services to India.

Comparison In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Eswatini ranked 143 in total exports ($2.29B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

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Overview In November 2024, India exported $633k and imported $933k from Eswatini, resulting in a negative trade balance of $300k. Between November 2023 and November 2024 the exports of India have increased by $353k (126%) from $281k to $633k, while imports decreased by $-670k (-41.8%) from $1.6M to $933k.

Trade In November 2024, the top exports of India to Eswatini were Bulk Drugs, Drug Intermediates ($340k), Drug Formulations, Biologicals ($187k), Indl. Machnry For Dairy Etc ($111k), Granit, Natrl Stone And Prodct ($85.1k), and Other Commodities ($26.8k). In November 2024 the top imports of India from Eswatini were Misc Processed Items ($187k), Plastic Raw Materials ($120k), Products Of Iron And Steel ($17.8k), Electric Machinery And Equipme ($9.22k), and Indl. Machnry For Dairy Etc ($6.49k).

Growth In November 2024, the increase in India's year-by-year exports to Eswatini was explained primarily by an increase in product exports in Bulk Drugs, Drug Intermediates ($43.7k or 14.7%), Rmg Manmade Fibres ($11k or 861%), and Other Misc. Engineering Items ($1.73k or 97.6%). In November 2024, the decrease in India's year-by-year imports from Eswatini was explained primarily by an decrease in product imports in Indl. Machnry For Dairy Etc ($-44.8k or -87.4%) and Electric Machinery And Equipme ($-38.6k or -80.7%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$353k(126%)

IMPORT GROWTH (November 2023 - November 2024)$-670k(-41.8%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Eswatini and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $74.1M to Eswatini. The main products exported from India to Eswatini were Packaged Medicaments ($16.4M), Rice ($14.5M), and Refined Petroleum ($10.8M). During the last 5 years the exports of India to Eswatini have increased at an annualized rate of 0.33%, from $72.8M in 2018 to $74.1M in 2023.

In 2018, Eswatini exported $11.1M to India. The main products exported from Eswatini to India were Scrap Iron ($6.49M), Scrap Copper ($868k), and Scrap Aluminium ($445k). During the last 5 years the exports of Eswatini to India have increased at an annualized rate of 3.29%, from $9.47M in 2023 to $11.1M in 2018.

Exports from India () to Eswatini () (2023)

Exports from Eswatini () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$85.5B

Eswatini
Top DestinationSouth Africa$1.4B

This map shows whether countries import more from India or Eswatini. Each country is colored based on the difference in imports they receive from India and Eswatini or the difference in the growth in imports.

In 2023, countries that imported more from India than Eswatini included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Eswatini than India included Tokelau ($33.8k).

Difference in imports from Eswatini () and India () (2023)

Comparative Advantage India - Eswatini

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between India and Eswatini by product, considering products traded by both, India and Eswatini.

During 2023, India had a large net trade with Eswatini in the exports of Chemical Products ($21.6M), Vegetable Products ($14.5M), and Mineral Products ($14.2M).

During 2018, Eswatini had a large net trade with India in the exports of Metals ($8.55M), Instruments ($842k), and Machines ($798k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of India and Eswatini. This means that a dot/product with the flag of India indicates it has a comparative advantage over Eswatini. Similarly, a dot/product with the flag of Eswatini indicates it has a comparative advantage over India.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Eswatini () (2023)

Exports from Eswatini () to India () (2023)

Market Competitiveness

Difference in imports from Eswatini () and India () (2023)

Comparative Advantage India - Eswatini

Economic Complexity

Competitive Landscape

Product Space of India () and Eswatini () (2023)

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