India- Eswatini trade agreement grants both nations Most Favoured Nation (MFN) treatment to each other
Ranked no. 1 in Africa in the Ease of Doing Business in Trading Across Borders.
Eswatini is one of the world’s ‘Top 5’ low-cost sugar producers.
India's presence in Eswatini spans food, healthcare and infrastructure.
India has forwarded credit lines worth over US$70mn to Eswatini.
Eswatini is a leading recipient of training scholarships from India.
Bilateral trade during 2021-22
is the 2nd largest trade partner after Africa
Overseas Indians currently live in Eswatini
Eswatini is a member of the Common Monetary Area (CMA), which also includes Lesotho, Namibia, and South Africa. Under CMA, the Eswatini lilangeni is pegged at par to the South African rand.
Real gross domestic product growth in 2018 estimated at 2.4 per cent from 2 per cent in 2017, partly driven by a stronger-than-projected recovery in the primary and service sectors, as per the World Bank.
Eswatini cans fruit for major global companies through the fruit cannery based in Malkerns. The industry, backed by low-cost sugar production, has attracted investors such as Coca-Cola, Mondelez, etc.
Eswatini has extended market access to a population of over 1 billion through trading blocs such as the COMESA, AGOA, SADC, and SADC-EU Economic Partnership Agreement), SACU, GSP, among others.
Eswatini has identified rich deposits of a number of precious metals and gems such as gold and diamond, apart from coal, granite, asbestos, quarried stone, soapstone, kaolin, talc, silica, green chert and others.
is a policy that opens opportunities in mining, energy, tourism, ICT (Information and Communication Technologies), research, and high-technology
India's Exports and Imports to Eswatini
Source: Department of Commerce
Values in US $ Millions
Country / Region: SWAZILAND
|3.||India’s Total Export||303,526.16||330,078.09||313,361.04||291,808.48||422,004.40|
|8.||India’s Total Import||465,580.99||514,078.42||474,709.28||394,435.88||613,052.05|
|13.||India’s Total Trade||769,107.15||844,156.51||788,070.32||686,244.36||1,035,056.45|
|17.||India’s Trade Balance||-162,054.83||-184,000.33||-161,348.24||-102,627.40||-191,047.65|
Beer made from malt (220300)
Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
Fertilised eggs for incubation: of fowls of the species gallus domesticus (040711)agriexchange.apeda.gov.in
Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)agriexchange.apeda.gov.in
Maize (corn), other than seed (100590)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
Other wheat and meslin (100199)
Chmcly pure glucos and its syrp without or with < 20% by wgt of fractos in dry state (170230)agriexchange.apeda.gov.in
Milk & cream, not concentrated/sweetened, fat content by wt. >1% but not >6 … (040120)agriexchange.apeda.gov.in
Reserves: 2,86,000 tons (industrial quality)
Reserve: 286,000 tons (estimated)
Reserve: 700,000 tons
Reserve: Silica- 230,000 tons
Here are the leading sectors of opportunities for foreign investors
EXIM Bank has supported infrastructure development in Eswatini.
Ever since its inception, India has always acted as a …Read More
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