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

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India-Eswatini Trade: In 2022, India exported $19.9M to Eswatini. The main products that India exported to Eswatini were Packaged Medicaments ($7.16M), Vegetable Alkaloids ($3.19M), and Diamonds ($2.05M). Over the past 5 years the exports of India to Eswatini have decreased at an annualized rate of 15.1%, from $45M in 2017 to $19.9M in 2022.

In 2022, India did not export any services to Eswatini.

Eswatini-India Trade: In 2022, Eswatini exported $4.85M to India. The main products that Eswatini exported to India were Therapeutic Appliances ($885k), Vinyl Chloride Polymers ($827k), and Orthopedic Appliances ($777k). Over the past 5 years the exports of Eswatini to India have decreased at an annualized rate of 28.5%, from $25.9M in 2017 to $4.85M in 2022.

In 2022, Eswatini did not export any services to India.

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Eswatini ranked 143 in total exports ($2.05B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

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Overview In August 2024, India exported $545k and imported $1.7M from Eswatini, resulting in a negative trade balance of $1.15M. Between August 2023 and August 2024 the exports of India have decreased by $-861k (-61.2%) from $1.41M to $545k, while imports decreased by $-1.02M (-37.4%) from $2.71M to $1.7M.

Trade In August 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 August 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 August 2024, the decrease in India's year-by-year exports to Eswatini was explained primarily by an decrease in product exports in Indl. Machnry For Dairy Etc ($-340k or -75.5%), Drug Formulations, Biologicals ($-98.5k or -34.5%), and Products Of Iron And Steel ($-35.7k or -99.7%). In August 2024, the decrease in India's year-by-year imports from Eswatini was explained primarily by an decrease in product imports in Indl. Machnry For Dairy Etc ($-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 (August 2023 - August 2024)$-861k(-61.2%)

IMPORT GROWTH (August 2023 - August 2024)$-1.02M(-37.4%)

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 2022, India exported $19.9M to Eswatini. The main products exported from India to Eswatini were Packaged Medicaments ($7.16M), Vegetable Alkaloids ($3.19M), and Diamonds ($2.05M). During the last 5 years the exports of India to Eswatini have decreased at an annualized rate of 15.1%, from $45M in 2017 to $19.9M in 2022.

In 2017, Eswatini exported $4.85M to India. The main products exported from Eswatini to India were Therapeutic Appliances ($885k), Vinyl Chloride Polymers ($827k), and Orthopedic Appliances ($777k). During the last 5 years the exports of Eswatini to India have decreased at an annualized rate of 28.5%, from $25.9M in 2022 to $4.85M in 2017.

Exports from India () to Eswatini () (2022)

Exports from Eswatini () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Eswatini
Top DestinationSouth Africa$1.35B

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 2022, countries that imported more from India than Eswatini included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Eswatini than from India.

Difference in imports from Eswatini () and India () (2022)

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 2022, India had a large net trade with Eswatini in the exports of Chemical Products ($12.3M), Machines ($3.38M), and Precious Metals ($2.07M).

During 2017, Eswatini had a large net trade with India in the exports of Instruments ($1.93M), Machines ($1.28M), and Plastics and Rubbers ($1.06M).

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 () (2022)

Exports from Eswatini () to India () (2022)

Market Competitiveness

Difference in imports from Eswatini () and India () (2022)

Comparative Advantage India - Eswatini

Economic Complexity

Competitive Landscape

Product Space of India () and Eswatini () (2022)

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