The Rational ModerateSearch

Trade by country

Eswatini

In 2025, US goods exports to Eswatini were $44.2 million and goods imports from Eswatini were $25.2 million; exports exceeded imports by $19.0 million.

Goods: the latest figures

2025, full year

Exports
$44.2 million
Imports
$25.2 million
Balance
exports exceeded imports by $19.0 million (a goods trade surplus, in Census's term)
Total goods trade
$69.4 million
Share of US goods trade
0.001%
Rank among partners
No. 175 of 231

Latest 12 months, August 2025 to July 2026

Exports
$55.5 million
Imports
$28.1 million
Balance
exports exceeded imports by $27.4 million (a goods trade surplus, in Census's term)
Total goods trade
$83.6 million
Share of US goods trade
0.001%
Rank among partners
No. 173 of 233

2025 rank among 231 partners with trade that year; 12-month rank among 233.

  • Census basis goods, not seasonally adjusted. Exports are free alongside ship value; imports are general imports (customs value), everything that arrives, including goods entering bonded warehouses and Foreign Trade Zones. Shares and ranks compare total goods trade (exports plus imports) with the same period's world total.
  • US exports include re-exports: foreign goods shipped on in substantially the same condition as when they were imported. Exports are credited to the destination as known to the shipper and imports to the country of origin. The workbook used here does not separate re-exports.

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly data through July 2026; 2025 is the latest full year. Census revises the prior year's country totals each June. Retrieved Sept. 26, 2026.

Goods since 1992

US goods exports to and imports from Eswatini, 1992 to 2025

Full years only, in current dollars (not adjusted for inflation).

$0$20M$40M$60M$80M202020212022202320242025

$0$20M$40M$60M$80M20162018202020222024

$0$50M$100M$150M$200M200020102020

Data table
YearExportsImportsBalanceTotalShare of US goods tradeRank
2026 (7 months)$27M$10.3MExports exceeded imports by $16.7M$37.3M0.001%177
2025$44.2M$25.2MExports exceeded imports by $19M$69.4M0.001%175
2024$46.1M$22.6MExports exceeded imports by $23.5M$68.7M0.001%177
2023$37.5M$31.3MExports exceeded imports by $6.2M$68.8M0.001%178
2022$72.5M$22.4MExports exceeded imports by $50.1M$94.9M0.002%176
2021$36.5M$23.5MExports exceeded imports by $13M$60M0.001%180
2020$21.2M$19.5MExports exceeded imports by $1.7M$40.8M0.001%185
2019$19.7M$15.9MExports exceeded imports by $3.8M$35.6M0.001%188
2018$33.4M$13.3MExports exceeded imports by $20.1M$46.7M0.001%185
2017$24.1M$20.5MExports exceeded imports by $3.6M$44.5M0.001%184
2016$25.6M$17MExports exceeded imports by $8.6M$42.6M0.001%182
2015$28.5M$21.5MExports exceeded imports by $7M$50M0.001%182
2014$25.7M$81.6MImports exceeded exports by $56M$107.3M0.003%169
2013$22.7M$58.9MImports exceeded exports by $36.3M$81.6M0.002%173
2012$40.2M$66.6MImports exceeded exports by $26.4M$106.9M0.003%166
2011$20.1M$89.3MImports exceeded exports by $69.2M$109.4M0.003%169
2010$23.6M$121MImports exceeded exports by $97.4M$144.6M0.005%151
2009$14.6M$109.6MImports exceeded exports by $95.1M$124.2M0.005%154
2008$12.1M$133.9MImports exceeded exports by $121.8M$146M0.004%154
2007$29M$145.3MImports exceeded exports by $116.3M$174.3M0.006%145
2006$12.1M$155.9MImports exceeded exports by $143.8M$168M0.006%141
2005$11.9M$198.9MImports exceeded exports by $187M$210.7M0.008%130
2004$12.4M$198.8MImports exceeded exports by $186.4M$211.2M0.009%130
2003$8.2M$162.2MImports exceeded exports by $154M$170.5M0.009%128
2002$11.5M$114.6MImports exceeded exports by $103.1M$126.1M0.007%131
2001$12M$65MImports exceeded exports by $53M$77M0.004%151
2000$67.1M$52.6MExports exceeded imports by $14.5M$119.7M0.006%136
1999$9.4M$37.9MImports exceeded exports by $28.5M$47.3M0.003%158
1998$8.2M$25.1MImports exceeded exports by $16.9M$33.3M0.002%162
1997$5.2M$44.2MImports exceeded exports by $39M$49.4M0.003%156
1996$2.2M$29.9MImports exceeded exports by $27.7M$32.1M0.002%167
1995$3.2M$32.4MImports exceeded exports by $29.2M$35.6M0.003%160 (tied)
1994$5.3M$37.6MImports exceeded exports by $32.3M$42.9M0.004%150
1993$3M$21.3MImports exceeded exports by $18.3M$24.3M0.002%169
1992$3.7M$23.5MImports exceeded exports by $19.8M$27.2M0.003%161

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IYR, EYR) · retrieved Sept. 26, 2026 · 9,217 rows · as of July 2026 · monthly. Download CSV

2026 so far (7 months): exports $27.0 million, imports $10.3 million; exports exceeded imports by $16.7 million. Not in the chart, because a part year is not comparable with a full one.

Ranks start in 1992; before then the Census workbook covers only 76 partners. Shares start in 1987, the first year with a world total.

Goods by month

US goods exports to and imports from Eswatini, by month

The latest 24 months. Not seasonally adjusted, so compare a month with the same month a year earlier.

$0$5M$10M$15MJan. 2025July 2025Jan. 2026July 2026

Data table
MonthExportsImportsBalance
Aug. 2024$1.5M$820KExports exceeded imports by $637K
Sept. 2024$3.7M$1.5MExports exceeded imports by $2.2M
Oct. 2024$2.8M$11.3MImports exceeded exports by $8.5M
Nov. 2024$2.4M$1.4MExports exceeded imports by $1.1M
Dec. 2024$2.6M$910KExports exceeded imports by $1.7M
Jan. 2025$2.2M$905KExports exceeded imports by $1.2M
Feb. 2025$1.9M$1.3MExports exceeded imports by $634K
March 2025$1.8M$323KExports exceeded imports by $1.4M
April 2025$4M$1.1MExports exceeded imports by $2.8M
May 2025$3.4M$1.3MExports exceeded imports by $2.1M
June 2025$985K$827KExports exceeded imports by $158K
July 2025$1.4M$1.6MImports exceeded exports by $160K
Aug. 2025$9.5M$1.3MExports exceeded imports by $8.2M
Sept. 2025$2.3M$2MExports exceeded imports by $251K
Oct. 2025$3.3M$1.1MExports exceeded imports by $2.1M
Nov. 2025$8M$12.6MImports exceeded exports by $4.6M
Dec. 2025$5.5M$731KExports exceeded imports by $4.8M
Jan. 2026$2.1M$1MExports exceeded imports by $1.1M
Feb. 2026$3.8M$1.3MExports exceeded imports by $2.5M
March 2026$5.4M$495KExports exceeded imports by $4.9M
April 2026$5M$2.9MExports exceeded imports by $2.1M
May 2026$2.8M$1.7MExports exceeded imports by $1.2M
June 2026$4.8M$1.9MExports exceeded imports by $2.9M
July 2026$3M$1.1MExports exceeded imports by $2M

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IJAN..IDEC, EJAN..EDEC) · retrieved Sept. 26, 2026 · 5,923 rows · as of July 2026 · monthly. Download CSV

US goods trade with Eswatini, August 2025 to July 2026: each month beside the same month a year earlier
MonthExportsA year earlierChangeImportsA year earlierChange
July 2026$3M$1.4M+110.6%$1.1M$1.6M-33.2%
June 2026$4.8M$985K+383.3%$1.9M$827K+124.6%
May 2026$2.8M$3.4M-17.3%$1.7M$1.3M+23.7%
April 2026$5M$4M+25.4%$2.9M$1.1M+149.5%
March 2026$5.4M$1.8M+203.1%$495K$323K+53.2%
Feb. 2026$3.8M$1.9M+100.2%$1.3M$1.3M+2.2%
Jan. 2026$2.1M$2.2M-0.1%$1M$905K+13.7%
Dec. 2025$5.5M$2.6M+111.0%$731K$910K-19.6%
Nov. 2025$8M$2.4M+228.9%$12.6M$1.4M+818.2%
Oct. 2025$3.3M$2.8M+17.1%$1.1M$11.3M-89.9%
Sept. 2025$2.3M$3.7M-39.0%$2M$1.5M+32.4%
Aug. 2025$9.5M$1.5M+551.8%$1.3M$820K+57.3%

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly, August 2024 to July 2026; not seasonally adjusted. Retrieved Sept. 26, 2026.

Services

Services are counted separately from goods, by a different agency, on an annual timetable. They are not added to the goods figures above.

US trade in services with Eswatini, 2018 to 2025
YearExportsImportsBalance (exports minus imports)
2025$388M$31MExports exceeded imports by $357M
2024$408M$24MExports exceeded imports by $384M
2023$396M$26MExports exceeded imports by $370M
2022$269M(D)(D)
2021$172M$40MExports exceeded imports by $132M
2020$358M$52MExports exceeded imports by $306M
2019$406M$126MExports exceeded imports by $280M
2018$439M$58MExports exceeded imports by $382M
  • (D) Suppressed by BEA to protect company data.

The balance column is BEA's published balance, which BEA rounds on its own, so it can differ by a million dollars from the exports and imports shown beside it. The 2025 balance is a services trade surplus, in BEA's term.

Source: U.S. Bureau of Economic Analysis, International Services, Table 2.4. Annual, 2018 to 2025, released July 7, 2026; cells exactly as BEA publishes them, marks included. Retrieved Sept. 26, 2026. Download CSV

Direct investment

The value of direct investment at year end, both ways: US companies' stake in businesses in Eswatini, and investors in Eswatini with a stake in US businesses. Historical cost (book value), not market value.

Direct investment positions, 2020 to 2025
Year endUS direct investment in EswatiniDirect investment from Eswatini in the US
2025-$63M-$4M
2024$28M-$4M
2023$29M-$4M
2022$45M-$4M
2021$32M-$4M
2020$71M-$4M

BEA assigns each position to the immediate counterpart country, which may not be where the money ends up or where the ultimate owner is. That is why financial centers such as the Netherlands, Luxembourg and Caribbean islands rank high.

Source: U.S. Bureau of Economic Analysis, Direct Investment by Country and Industry. Positions at year end, 2020 to 2025; inward by country of foreign parent; cells exactly as BEA publishes them. Retrieved Sept. 26, 2026. Download CSV

Trade agreements

USTR lists no trade agreement with Eswatini.

From USTR's list of free trade agreements in force and its page of agreements on reciprocal trade, in USTR's own wording. USTR's reciprocal trade page does not say whether each agreement is in force, so none is described that way here.

Source: Office of the United States Trade Representative, Free Trade Agreements and Agreements on Reciprocal Trade. Checked Sept. 26, 2026. Retrieved Sept. 26, 2026.

Context

Population, 2025
1.3 million
GDP, current US dollars, 2025
$5.2 billion

Source: The World Bank: World Development Indicators: Population, total (SP.POP.TOTL), UN Population Division and national statistical offices. The World Bank: World Development Indicators: GDP (current US$) (NY.GDP.MKTP.CD), country official statistics, OECD national accounts data files and World Bank staff estimates. License: CC BY 4.0. Most recent value per economy. Retrieved Sept. 26, 2026.

Top products and tariffs

Not shown yet: requires Census data not yet retrieved.