Flag Eswatini

2019
Economic
Complexity
: 0.028, Rank 74 of 157

2019
Product
Exports | Imports
: $3.61B | $1.97B, 128 of 225 |  160 of 225

2019
Per Capita Product
Exports | Imports
: $3.15k | $1.72k, 76 of 219 |  123 of 219

2015
Service
Exports | Imports
: $251M | $510M, 145 of 170 | 143 of 170

Overview: In 2019 Eswatini was the number 154 economy in the world in terms of GDP (current US$), the number 128 in total exports, the number 160 in total imports, the number 120 economy in terms of GDP per capita (current US$) and the number 74 most complex economy according to the Economic Complexity Index (ECI).

Exports: The top exports of Eswatini are Laboratory Glassware ($1.44B), Scented Mixtures ($639M), Raw Sugar ($421M), Industrial Fatty Acids, Oils and Alcohols ($240M), and Non-Knit Women's Suits ($63.9M), exporting mostly to Nigeria ($1.56B), South Africa ($1.32B), Kenya ($124M), Mozambique ($70.7M), and Tanzania ($37.7M).

In 2019, Eswatini was the world's biggest exporter of Laboratory Glassware ($1.44B)

Imports: The top imports of Eswatini are Refined Petroleum ($202M), Gold ($76.1M), Electricity ($67.6M), Cars ($46.9M), and Scented Mixtures ($40M), importing mostly from South Africa ($1.31B), China ($134M), United Arab Emirates ($98.9M), Mozambique ($41M), and India ($40.6M).

Location: Eswatini borders Mozambique and South Africa by land.

Yearly Exports

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Value
Depth

Top Export (2019): Laboratory Glassware, $1.44B

Top Destination (2019): Nigeria, $1.56B

In 2019, Eswatini exported a total of $3.61B, making it the number 128 exporter in the world. During the last five reported years the exports of Eswatini have changed by $1.32B from $2.29B in 2014 to $3.61B in 2019.

The most recent exports are led by Laboratory Glassware ($1.44B), Scented Mixtures ($639M), Raw Sugar ($421M), Industrial Fatty Acids, Oils and Alcohols ($240M), and Non-Knit Women's Suits ($63.9M). The most common destination for the exports of Eswatini are Nigeria ($1.56B), South Africa ($1.32B), Kenya ($124M), Mozambique ($70.7M), and Tanzania ($37.7M).

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Yearly Imports

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Value
Depth

Top Import (2019): Refined Petroleum, $202M

Top Origin (2019): South Africa, $1.31B

In 2019 Eswatini imported $1.97B, making it the number 160 trade destination in the world. During the last five reported years the imports of Eswatini changed by -$47.1M from $2.02B in 2014 to $1.97B in 2019.

The most recent imports of Eswatini are led by Refined Petroleum ($202M), Gold ($76.1M), Electricity ($67.6M), Cars ($46.9M), and Scented Mixtures ($40M). The most common import partners for Eswatini are South Africa ($1.31B), China ($134M), United Arab Emirates ($98.9M), Mozambique ($41M), and India ($40.6M).

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Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

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).

Economic Complexity

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Economic Complexity Ranking

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Scale

During the last 19 years Eswatini's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨66th to the 74th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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Most Specialized Products by RCA Index

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Eswatini has a high level of specialization in Laboratory Glassware (2.78k), Scented Mixtures (123), Raw Sugar (96.9), Industrial Fatty Acids, Oils and Alcohols (20.9), and Jams (20.9). 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

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The highest complexity exports of Eswatini according to the product complexity index (PCI) are Machine-tools for shaping metals, nes (2.03), Auxiliary machinery and parts for textile machinery (1.45), Laboratory, hygienic or pharmaceutical glassware etc (1.21), Machine-tool for working stone, ceramics, cold glass (1.16), and Unsaturated acyclic, cyclic monocarboxylc acid, derivs (1.03). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Eswatini according to the relatedness index, are Crustaceans (0.11), Knit Women's Shirts (0.1), Knit Men's Suits (0.1), Non-fillet Frozen Fish (0.099), and Perfume Plants (0.099). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Eswatini is not specialized in.

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 it is currently specialized in.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a 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 emissions.