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South Africa-Eswatini Bilateral Trade Analysis 2023

Complete trade statistics: $2.91B total volume •South Africa surplus: $52.91M

South AfricaEswatini

$1.48B

Exports (2023)

EswatiniSouth Africa

$1.43B

Imports (2023)

Trade Balance

$52.91M

Surplus for South Africa

Total Trade

$2.91B

Combined Volume

Trade Flow Visualization

Direct trade relationship between South Africa and Eswatini. Green line shows exports from South Africa, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the South Africa-Eswatini commercial relationship and competitive positioning in global markets.

South AfricaEswatini Exports

$1.48B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
14.6% top product
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$216.51M
14.6% of exports
2Electrical energy
$68.64M
4.6% of exports
3Cereals: maize (corn), other than seed
$41.46M
2.8% of exports
4Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$20.99M
1.4% of exports
5Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured
$18.81M
1.3% of exports

🎯 Strategic Export Focus

South Africa's export portfolio to Eswatini demonstrates strategic specialization, with petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils representing a key competitive advantage in this bilateral market.

EswatiniSouth Africa Imports

$1.43B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
23.3% concentration
1Odoriferous substances and mixtures: of a kind used in the food or drink industries
$333.08M
23.3% of imports
2Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter
$193.89M
13.6% of imports
3Chemical products, mixtures and preparations: n.e.c. heading 3824
$160.41M
11.2% of imports
4Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated
$71.70M
5.0% of imports
5Wood: coniferous species, of pine (Pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm
$67.15M
4.7% of imports

📦 Import Strategy Analysis

South Africa's import pattern from Eswatini reveals strategic sourcingin 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

South Africa demonstrates competitive strength in exportingpetroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils to Eswatini, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $2.91B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: South Africa-Eswatini Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $2.91 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: South Africa maintains a surplus of $52.91 million
  • Export Focus: South Africa's primary exports include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, electrical energy, cereals: maize (corn), other than seed
  • Import Dependencies: Key imports from Eswatini include odoriferous substances and mixtures: of a kind used in the food or drink industries, sugars: cane sugar, raw, in solid form, as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, chemical products, mixtures and preparations: n.e.c. heading 3824

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 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 $2.91B 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 South Africa leveraging its comparative advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

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

1

Comparative Advantage

South Africa's specialization in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oilscomplements Eswatini's demand patterns, creating natural trade synergies.

2

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.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $2.91B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $2.91B 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 $2.91 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils and odoriferous substances and mixtures: of a kind used in the food or drink industries demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

South Africa's trade surplus of $52.91 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in electrical energy present expansion opportunities.
Market Diversification
Beyond current focus on odoriferous substances and mixtures: of a kind used in the food or drink industries, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils may affect future market positioning.

🎯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 South Africa and Eswatini represents a total trade volume of $2.91 billion in 2023. This partnership demonstrates a favorable trade balance for South Africa, with exports exceeding importsby $52.91 million.

Export Strengths

South Africa's exports to Eswatini total $1.48 billion, with competitive advantages in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, representing $216.51M or14.6% of bilateral exports.

Import Dependencies

Imports from Eswatini amount to $1.43 billion, 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 comprising23.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates South Africa'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 South Africa and Eswatini in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023