Eswatini-Thailand Bilateral Trade Analysis 2023
Complete trade statistics: $8.10M total volume •Eswatini deficit: $8.10M
Eswatini → Thailand
$0
Exports (2023)
Thailand → Eswatini
$8.10M
Imports (2023)
Trade Balance
$8.10M
Deficit for Eswatini
Total Trade
$8.10M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Eswatini and Thailand. 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-Thailand commercial relationship and competitive positioning in global markets.
Eswatini → Thailand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Eswatini's export portfolio to Thailand demonstrates strategic specialization, with refrigerating or freezing equipment: n.e.c. in heading no. 8418 representing a key competitive advantage in this bilateral market.
Thailand → Eswatini Imports
Import Dependency Profile
📦 Import Strategy Analysis
Eswatini's import pattern from Thailand reveals significant dependencyin cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Eswatini demonstrates competitive strength in exportingrefrigerating or freezing equipment: n.e.c. in heading no. 8418 to Thailand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $8.10M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Eswatini-Thailand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $8.10 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Eswatini maintains a deficit of $8.10 million
- Export Focus: Eswatini's primary exports include refrigerating or freezing equipment: n.e.c. in heading no. 8418, machinery, plant and laboratory equipment: for treating materials by change of temperature, other than for making hot drinks or cooking or heating food, taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves
- Import Dependencies: Key imports from Thailand include cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars), rubber: new pneumatic tyres, of a kind used on buses or lorries
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 $8.10M 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 refrigerating or freezing equipment: n.e.c. in heading no. 8418.
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 refrigerating or freezing equipment: n.e.c. in heading no. 8418complements Thailand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $8.10M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $8.10M 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 $8.10 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in refrigerating or freezing equipment: n.e.c. in heading no. 8418 and cereals: rice, semi-milled or wholly milled, whether or not polished or glazed demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Eswatini's trade deficit of $8.10 million impacts 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 Thailand represents a total trade volume of $8.10 million in 2023. This partnership demonstrates an unfavorable trade balance for Eswatini, with imports exceeding exportsby $8.10 million.
Export Strengths
Eswatini's exports to Thailand total $0.00, with competitive advantages in refrigerating or freezing equipment: n.e.c. in heading no. 8418, representing $452,135 orInfinity% of bilateral exports.
Import Dependencies
Imports from Thailand amount to $8.10 million, highlighting economic interdependence in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, with Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed comprising68.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Eswatini's strategic sourcing from Thailand. 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 Thailand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023