Eswatini (SWZ) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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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.

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 12.1%, from $7.03M in 2017 to $3.25M in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $1.39M in 2022.

In 2017, 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 12.1%, from $7.03M in 2022 to $3.25M in 2017.

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

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

Latest Data

Trade between Eswatini () and South Korea ()

Eswatini Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Eswatini
Top DestinationSouth Africa$1.35B

South Korea
Top DestinationChina$150B

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

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

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

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

Comparative Advantage Eswatini - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Eswatini had a large net trade with South Korea in the exports of Machines ($842k), Instruments ($344k), and Vegetable Products ($92.4k).

During 2017, South Korea had a large net trade with Eswatini in the exports of Machines ($1.3M), Chemical Products ($755k), and Metals ($471k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Eswatini () and South Korea ()

Eswatini Exports

Market Competitiveness

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

Comparative Advantage Eswatini - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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