Eswatini-Ireland Bilateral Trade Analysis 2023
Complete trade statistics: $115.87M total volume •Eswatini surplus: $71.74M
Eswatini → Ireland
$93.81M
Exports (2023)
Ireland → Eswatini
$22.07M
Imports (2023)
Trade Balance
$71.74M
Surplus for Eswatini
Total Trade
$115.87M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Eswatini and Ireland. Green line shows exports from Eswatini, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Eswatini-Ireland commercial relationship and competitive positioning in global markets.
Eswatini → Ireland Exports
Export Market Intelligence
🎯 Strategic Export Focus
Eswatini's export portfolio to Ireland demonstrates strategic specialization, with heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn) representing a key competitive advantage in this bilateral market.
Ireland → Eswatini Imports
Import Dependency Profile
📦 Import Strategy Analysis
Eswatini's import pattern from Ireland reveals significant dependencyin odoriferous substances and mixtures: of a kind used in the food or drink industries, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Eswatini demonstrates competitive strength in exportingheterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn) to Ireland, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $115.87M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Eswatini-Ireland Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $115.87 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Eswatini maintains a surplus of $71.74 million
- Export Focus: Eswatini's primary exports include heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn), chemical products, mixtures and preparations: n.e.c. heading 3824, fruit: pineapples, prepared or preserved in ways n.e.c. in heading no. 2007, whether or not containing added sugar, other sweetening matter or spirit
- Import Dependencies: Key imports from Ireland include odoriferous substances and mixtures: of a kind used in the food or drink industries, imides and their derivatives: other than saccharin and glutethimide (inn), albumins: milk albumin, including concentrates of two or more whey proteins
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $115.87M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Eswatini leveraging its comparative advantages in heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Eswatini's specialization in heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn)complements Ireland's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in odoriferous substances and mixtures: of a kind used in the food or drink industries.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $115.87M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $115.87M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $115.87 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn) and odoriferous substances and mixtures: of a kind used in the food or drink industries demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Eswatini's trade surplus of $71.74 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Eswatini and Ireland represents a total trade volume of $115.87 million in 2023. This partnership demonstrates a favorable trade balance for Eswatini, with exports exceeding importsby $71.74 million.
Export Strengths
Eswatini's exports to Ireland total $93.81 million, with competitive advantages in heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn), representing $89.12M or95.0% of bilateral exports.
Import Dependencies
Imports from Ireland amount to $22.07 million, highlighting economic interdependence in odoriferous substances and mixtures: of a kind used in the food or drink industries, with Odoriferous substances and mixtures: of a kind used in the food or drink industries comprising66.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Eswatini's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Eswatini and Ireland in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023