Net trade in goods and services in Eswatini
Eswatini: Net trade in goods and services was -52.85 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-52.85 million BoP, current US$
Change on year
up 71.4%
World rank
81st
of 200 countries
All-time high
123.90 million BoP, current US$
in 2019
All-time low
-562.01 million BoP, current US$
in 2010
Years of data
51
1974–2024
Net trade in goods and services in Eswatini, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Eswatini is -52.85 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 71.4% on the previous year and down 23.8% over ten years.
Over the whole period, net trade in goods and services in Eswatini peaked at 123.90 million BoP, current US$ in 2019 and was at its lowest, -562.01 million BoP, current US$, in 2010.
Eswatini ranks 81st of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Eswatini, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 61.08 million BoP, current US$ | — |
| 1975 | 42.87 million BoP, current US$ | -29.8% |
| 1976 | 21.16 million BoP, current US$ | -50.6% |
| 1977 | -4.14 million BoP, current US$ | -119.6% |
| 1978 | -92.58 million BoP, current US$ | +2136.1% |
| 1979 | -173.51 million BoP, current US$ | +87.4% |
| 1980 | -213.78 million BoP, current US$ | +23.2% |
| 1981 | -174.91 million BoP, current US$ | -18.2% |
| 1982 | -189.53 million BoP, current US$ | +8.4% |
| 1983 | -212.73 million BoP, current US$ | +12.2% |
| 1984 | -184.17 million BoP, current US$ | -13.4% |
| 1985 | -130.24 million BoP, current US$ | -29.3% |
| 1986 | -49.37 million BoP, current US$ | -62.1% |
| 1987 | -1.62 million BoP, current US$ | -96.7% |
| 1988 | -23.44 million BoP, current US$ | +1346.5% |
| 1989 | -19.41 million BoP, current US$ | -17.2% |
| 1990 | -109.84 million BoP, current US$ | +466.0% |
| 1991 | -131.53 million BoP, current US$ | +19.7% |
| 1992 | -251.09 million BoP, current US$ | +90.9% |
| 1993 | -267.46 million BoP, current US$ | +6.5% |
| 1994 | -139.13 million BoP, current US$ | -48.0% |
| 1995 | -254.22 million BoP, current US$ | +82.7% |
| 1996 | -343.87 million BoP, current US$ | +35.3% |
| 1997 | -257.13 million BoP, current US$ | -25.2% |
| 1998 | -282.21 million BoP, current US$ | +9.8% |
| 1999 | -238.02 million BoP, current US$ | -15.7% |
| 2000 | -197.79 million BoP, current US$ | -16.9% |
| 2001 | -175.92 million BoP, current US$ | -11.1% |
| 2002 | -65.11 million BoP, current US$ | -63.0% |
| 2003 | -17.64 million BoP, current US$ | -72.9% |
| 2004 | -37.10 million BoP, current US$ | +110.3% |
| 2005 | -378.40 million BoP, current US$ | +919.9% |
| 2006 | -342.08 million BoP, current US$ | -9.6% |
| 2007 | -323.29 million BoP, current US$ | -5.5% |
| 2008 | -435.93 million BoP, current US$ | +34.8% |
| 2009 | -483.53 million BoP, current US$ | +10.9% |
| 2010 | -562.01 million BoP, current US$ | +16.2% |
| 2011 | -376.09 million BoP, current US$ | -33.1% |
| 2012 | -201.42 million BoP, current US$ | -46.4% |
| 2013 | -77.25 million BoP, current US$ | -61.6% |
| 2014 | -42.69 million BoP, current US$ | -44.7% |
| 2015 | 53.32 million BoP, current US$ | -224.9% |
| 2016 | 44.94 million BoP, current US$ | -15.7% |
| 2017 | -32.81 million BoP, current US$ | -173.0% |
| 2018 | -167.57 million BoP, current US$ | +410.7% |
| 2019 | 123.90 million BoP, current US$ | -173.9% |
| 2020 | 121.63 million BoP, current US$ | -1.8% |
| 2021 | -40.79 million BoP, current US$ | -133.5% |
| 2022 | -193.68 million BoP, current US$ | +374.8% |
| 2023 | -185.03 million BoP, current US$ | -4.5% |
| 2024 | -52.85 million BoP, current US$ | -71.4% |
Eswatini compared with similar countries
- Eswatini's -52.85 million BoP, current US$ is above the median for lower middle income countries, which is -1.21 billion BoP, current US$, 4% of the median. (47 countries reporting)
- Eswatini's -52.85 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 8% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Eswatini changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | -2136.1% | -4.14 million BoP, current US$ | -92.58 million BoP, current US$ |
| 1988 | -1346.5% | -1.62 million BoP, current US$ | -23.44 million BoP, current US$ |
| 2005 | -919.9% | -37.10 million BoP, current US$ | -378.40 million BoP, current US$ |
| 1990 | -466.0% | -19.41 million BoP, current US$ | -109.84 million BoP, current US$ |
| 2018 | -410.7% | -32.81 million BoP, current US$ | -167.57 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -24.19 million BoP, current US$ | -173.51 million BoP, current US$ | 61.08 million BoP, current US$ | 6 |
| 1980s | -119.92 million BoP, current US$ | -213.78 million BoP, current US$ | -1.62 million BoP, current US$ | 10 |
| 1990s | -227.45 million BoP, current US$ | -343.87 million BoP, current US$ | -109.84 million BoP, current US$ | 10 |
| 2000s | -245.68 million BoP, current US$ | -483.53 million BoP, current US$ | -17.64 million BoP, current US$ | 10 |
| 2010s | -123.77 million BoP, current US$ | -562.01 million BoP, current US$ | 123.90 million BoP, current US$ | 10 |
| 2020s | -70.14 million BoP, current US$ | -193.68 million BoP, current US$ | 121.63 million BoP, current US$ | 5 |
Countries ranked near Eswatini
- 78 Cote d'Ivoire 36.67 million BoP, current US$ compare
- 79 Sint Maarten (Dutch part) 15.33 million BoP, current US$ compare
- 80 Barbados 15.07 million BoP, current US$ compare
- 82 Tuvalu -57.04 million BoP, current US$ compare
- 83 Central African Republic -65.38 million BoP, current US$ compare
- 84 Nigeria -71.95 million BoP, current US$ compare
More economy & growth data for Eswatini
- Foreign direct investment, net outflows (BoP, current US$), gaps 63.77 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0131 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 51.31 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 75.53 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 168.48 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0155 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.77 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.96 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1104 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 431.74 includes gold, current US$ per person (2024)
Frequently asked questions
- What is net trade in goods and services in Eswatini?
- Net trade in goods and services in Eswatini was -52.85 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Eswatini?
- The highest recorded value was 123.90 million BoP, current US$ in 2019.
- What is the lowest net trade in goods and services recorded in Eswatini?
- The lowest recorded value was -562.01 million BoP, current US$ in 2010.
- How does Eswatini rank for net trade in goods and services?
- Eswatini ranks 81st out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Eswatini?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is volatile.
- Where does this Eswatini data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.