Nigeria-Eswatini Bilateral Trade Analysis 2023
Complete trade statistics: $71.43M total volume •Nigeria deficit: $71.43M
Nigeria → Eswatini
$0
Exports (2023)
Eswatini → Nigeria
$71.43M
Imports (2023)
Trade Balance
$71.43M
Deficit for Nigeria
Total Trade
$71.43M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Nigeria and Eswatini. Green line shows exports from Nigeria, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Nigeria-Eswatini commercial relationship and competitive positioning in global markets.
Nigeria → Eswatini Exports
Export Market Intelligence
🎯 Strategic Export Focus
Nigeria's export portfolio to Eswatini demonstrates strategic specialization, with plastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materials representing a key competitive advantage in this bilateral market.
Eswatini → Nigeria Imports
Import Dependency Profile
📦 Import Strategy Analysis
Nigeria's import pattern from Eswatini 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
Nigeria demonstrates competitive strength in exportingplastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materials to Eswatini, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $71.43M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Nigeria-Eswatini Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $71.43 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Nigeria maintains a deficit of $71.43 million
- Export Focus: Nigeria's primary exports include plastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materials, uncoated paper and paperboard (not 4801 or 4803): over 10% by weight of mechanical or chemi-mechanical processed fibre, other than rolls, other than sheets 435mm or less by 297mm or less (unfolded), units of automatic data processing machines: n.e.c. in item no. 8471.50, 8471.60 or 8471.70
- Import Dependencies: Key imports from Eswatini include odoriferous substances and mixtures: of a kind used in the food or drink industries, chemical products, mixtures and preparations: n.e.c. heading 3824, heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, sucralose
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 $71.43M 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 Nigeria leveraging its comparative advantages in plastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materials.
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
Nigeria's specialization in plastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materialscomplements Eswatini'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 $71.43M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $71.43M 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 $71.43 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in plastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materials 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
Nigeria's trade deficit of $71.43 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 Nigeria and Eswatini represents a total trade volume of $71.43 million in 2023. This partnership demonstrates an unfavorable trade balance for Nigeria, with imports exceeding exportsby $71.43 million.
Export Strengths
Nigeria's exports to Eswatini total $0.00, with competitive advantages in plastics: of polymers of propylene, plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated, supported or similarly combined with other materials, representing $51,203 orInfinity% of bilateral exports.
Import Dependencies
Imports from Eswatini amount to $71.43 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 comprising58.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Nigeria'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 Nigeria and Eswatini in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023