Swaziland recorded a trade surplus of 432.70 SZL Million in the second quarter of 2019. Balance of Trade in Swaziland averaged 243.38 SZL Million from 2005 until 2019, reaching an all time high of 1898.20 SZL Million in the fourth quarter of 2016 and a record low of -1074.80 SZL Million in the third quarter of 2005.

Balance of Trade in Swaziland is expected to be -1508.00 SZL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Swaziland to stand at -1004.00 in 12 months time. In the long-term, the Swaziland Balance of Trade is projected to trend around -696.00 SZL Million in 2020, according to our econometric models.

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Swaziland Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
432.70 593.80 1898.20 -1074.80 2005 - 2019 SZL Million Quarterly


Swaziland Balance of Trade
Swaziland’s trade is highly dependent on South Africa (80 percent of total imports and 60 percent of exports). Swaziland is a member of the Southern African Customs Unions and half of the trade revenues come from re-exports. Swaziland main exports include: sugar, wood pulp, beef and drink concentrates. Swaziland is a net importer of food, fuel and machinery. Main trading partners are South Africa, Mozambique, Botswana and Namibia.

Swaziland Trade Last Previous Highest Lowest Unit
Balance of Trade 432.70 593.80 1898.20 -1074.80 SZL Million [+]
Current Account -311.30 2045.20 3612.90 -3454.50 SZL Million [+]
Current Account to GDP 0.40 -1.30 17.87 -28.95 percent [+]
Exports 6519.80 6206.70 8011.20 1499.90 SZL Million [+]
Imports 6087.10 5612.90 52487.00 1665.80 SZL Million [+]
Foreign Direct Investment -781.30 -73.40 776.60 -2435.60 SZL Million [+]
External Debt 6968.00 7058.00 7058.00 2542.70 SZL Million [+]
Terrorism Index 0.00 0.00 2.24 0.00 [+]