• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US $261.79mn
Bilateral trade during 2021-22

EU

is the 2nd largest trade partner after Africa

2000
Overseas Indians currently live in Eswatini

CMA

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.

Economy

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.

Agri-business

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.

Trade

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.

Mining

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.

Vision 2022

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

Dated: 24/01/2023
Values in US $ Millions

Country / Region:  SWAZILAND

S.No. \Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
1. EXPORT 32.71 19.20 18.57 24.32 26.82
2. %Growth -41.31 -3.26 30.94 10.28
3. India’s Total Export 303,526.16 330,078.09 313,361.04 291,808.48 422,004.40
4. %Growth 8.75 -5.06 -6.88 44.62
5. %Share 0.01 0.01 0.01 0.01 0.01
6. IMPORT 8.92 9.60 7.03 50.87 234.98
7. %Growth 7.67 -26.76 623.23 361.92
8. India’s Total Import 465,580.99 514,078.42 474,709.28 394,435.88 613,052.05
9. %Growth 10.42 -7.66 -16.91 55.43
10. %Share 0.00 0.00 0.00 0.01 0.04
11. TOTAL TRADE 41.63 28.80 25.61 75.19 261.79
12. %Growth -30.82 -11.09 193.63 248.18
13. India’s Total Trade 769,107.15 844,156.51 788,070.32 686,244.36 1,035,056.45
14. %Growth 9.76 -6.64 -12.92 50.83
15. %Share 0.01 0.00 0.00 0.01 0.03
16. TRADE BALANCE 23.79 9.60 11.54 -26.55 -208.16
17. India’s Trade Balance -162,054.83 -184,000.33 -161,348.24 -102,627.40 -191,047.65

Business Eswatini

+268-2404-0768/4408

Visit Website

Malagwane Hill | P. O. Box 72, Mbabane H100

High Commission of India

(+268) 2410 1621

Visit Website

High Commission of India, Villa No. 18, The Royal Villas, Ezulwini Valley, Eswatini

Opportunities

Agricultural exports

    Beer made from malt (220300)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)

    agriexchange.apeda.gov.in

    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)

    agriexchange.apeda.gov.in

    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

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in
Minerals

    Reserves: 2,86,000 tons (industrial quality)

    Production: 2,775,000 tons  (annual estimation)

     

    gov.szwmc.org.pl

    Reserve: 5 million tons (20% gem, 80% industrial quality)

    gov.sz

    Reserve: 286,000 tons (estimated)

    Reserves: Iron Ore: 617,747,557 tons

    gov.sz

    Reserve: 700,000 tons

    Reserve: Silica- 230,000 tons

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Eswatini
  • Industrial Machinery
  • Gold, pearl, semiprecious stones
  • Residual and organic chemical
  • Medical and scientific instruments
  • Electrical machinery
  • Electronics instruments
India's top export to Eswatini
  • Pharmaceutical products
  • Gold, pearls and semi-precious stones
  • Shellac
  • Industrial machinery
  • Fertilizers, organic chemicals
  • Aluminum products
  • Electric machinery and equipment

Bilateral Investors

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