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2022
Flag → Flag
Exports $3.25MRnk 190 / 220
2022
Flag → Flag
Top Product $619kBeauty Products
2022
Flag → Flag
Exports $1.39MRnk 42 / 120
2022
Flag → Flag
Top Product $627kGas Turbines
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP$4.85BCURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP GROWTH-0.66%CURRENT US$
Rnk 166 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$4,040CURRENT US$
Rnk 121 / 186
2012-2022
Flag
GDP PC GROWTH-8.12%CURRENT US$
Rnk 159 / 186

About

South Korea-Eswatini Trade: In 2022, South Korea exported $3.25M to Eswatini. The main products that South Korea exported to Eswatini were Beauty Products ($619k), Petroleum Resins ($431k), and Integrated Circuits ($362k). Over the past 5 years the exports of South Korea to Eswatini have decreased at an annualized rate of 14.3%, from $7.03M in 2017 to $3.25M in 2022.

In 2022, South Korea did not export any services to Eswatini.

Eswatini-South Korea Trade: In 2022, Eswatini exported $1.39M to South Korea. The main products that Eswatini exported to South Korea were Gas Turbines ($627k), Coffee ($92.1k), and Low-voltage Protection Equipment ($89.4k). Over the past 5 years the exports of Eswatini to South Korea have decreased at an annualized rate of 28.6%,  from $7.52M in 2017 to $1.39M in 2022.

In 2022, Eswatini did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Eswatini ranked 143 in total exports ($2.05B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, South Korea exported $533k and imported $5k from Eswatini, resulting in a positive trade balance of $528k. Between August 2023 and August 2024 the exports of South Korea have increased by $383k (255%) from $150k to $533k, while imports decreased by $-7k (-58.3%) from $12k to $5k.

Trade In August 2024, the top exports of South Korea to Eswatini were Iron or steel articles ($110k), Chemical products n.e.s. ($20k), Machinery, mechanical appliances, & parts ($16k), Man-made filaments ($12k), and Electrical machinery and electronics ($12k). In August 2024 the top imports of South Korea from Eswatini were Mineral fuels, mineral oils and products... ($27k), Organic chemicals ($2k), Chemical products n.e.s. ($1k), Electrical machinery and electronics ($1k), and Miscellaneous edible preparations ($0).

Growth In August 2024, the increase in South Korea's year-by-year exports to Eswatini was explained primarily by an increase in product exports in Iron or steel articles ($84k or 323%) and Tools & cutlery ($2k or 40%). In August 2024, the decrease in South Korea's year-by-year imports  from Eswatini was explained primarily by an decrease in product imports  in Optical, photo, & film equipment; medical... ($-61k or -100%) and Machinery, mechanical appliances, & parts ($-5k or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$383k(255%)
IMPORT GROWTH (August 2023 - August 2024)$-7k(-58.3%)

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

To check Eswatini and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Eswatini and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $3.25M to Eswatini. The main products exported from South Korea to Eswatini were Beauty Products ($619k), Petroleum Resins ($431k), and Integrated Circuits ($362k). During the last 5 years the exports of South Korea to Eswatini have decreased at an annualized rate of 14.3%, from $7.03M in 2017 to $3.25M in 2022.

In 2017, Eswatini exported $1.39M to South Korea. The main products exported from Eswatini to South Korea were Gas Turbines ($627k), Coffee ($92.1k), and Low-voltage Protection Equipment ($89.4k). During the last 5 years the exports of Eswatini to South Korea have decreased at an annualized rate of 28.6%, from $7.52M in 2022 to $1.39M in 2017.

Exports from South Korea (Flag) to Eswatini (Flag) (2022)

Exports from Eswatini (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Eswatini
Top DestinationSouth Africa$1.35B

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

In 2022, countries that imported more from South Korea than Eswatini included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Eswatini than South Korea included South Africa ($1.35B), Botswana ($22.1M), and Namibia ($24.4M).

Difference in imports from Eswatini (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Eswatini

Flow
Scale

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

During 2022, South Korea had a large net trade with Eswatini in the exports of Machines ($1.3M), Chemical Products ($755k), and Metals ($471k).

During 2017, Eswatini had a large net trade with South Korea in the exports of Machines ($842k), Instruments ($344k), and Vegetable Products ($92.4k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Eswatini (Flag) (2022)

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