Ireland-Eswatini Bilateral Trade Analysis 2023
Complete trade statistics: $115.87M total volume •Ireland deficit: $71.74M
Ireland → Eswatini
$22.07M
Exports (2023)
Eswatini → Ireland
$93.81M
Imports (2023)
Trade Balance
$71.74M
Deficit for Ireland
Total Trade
$115.87M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ireland and Eswatini. Green line shows exports from Ireland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ireland-Eswatini commercial relationship and competitive positioning in global markets.
Ireland → Eswatini Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ireland's export portfolio to Eswatini demonstrates strategic specialization, with odoriferous substances and mixtures: of a kind used in the food or drink industries representing a key competitive advantage in this bilateral market.
Eswatini → Ireland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ireland's import pattern from Eswatini reveals significant dependencyin heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ireland demonstrates competitive strength in exportingodoriferous substances and mixtures: of a kind used in the food or drink industries to Eswatini, 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: Ireland-Eswatini Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $115.87 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Ireland maintains a deficit of $71.74 million
- Export Focus: Ireland's primary exports 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
- Import Dependencies: Key imports from Eswatini 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
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 Ireland leveraging its comparative advantages in odoriferous substances and mixtures: of a kind used in the food or drink industries.
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
Ireland's specialization in odoriferous substances and mixtures: of a kind used in the food or drink industriescomplements Eswatini's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn).
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 odoriferous substances and mixtures: of a kind used in the food or drink industries and heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ireland's trade deficit of $71.74 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 Ireland and Eswatini represents a total trade volume of $115.87 million in 2023. This partnership demonstrates an unfavorable trade balance for Ireland, with imports exceeding exportsby $71.74 million.
Export Strengths
Ireland's exports to Eswatini total $22.07 million, with competitive advantages in odoriferous substances and mixtures: of a kind used in the food or drink industries, representing $14.76M or66.9% of bilateral exports.
Import Dependencies
Imports from Eswatini amount to $93.81 million, highlighting economic interdependence in heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (inn) and methyprylon (inn), with Heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) and clobazam (INN) and methyprylon (INN) comprising95.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ireland's strategic sourcing from Eswatini. 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 Ireland and Eswatini in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023