Africa ยท Country profile
Eswatini
India-Eswatini trade corridor: $9.6B bilateral trade, $8.2B FDI into India.
$9.6B
Trade with India
+8.1% YoY
$821.0B
GDP
Nominal
$8.2B
FDI into India
Cumulative
-$1.5B
Trade balance
India deficit
Top exports to Eswatini
- Marine products
- Engineering goods
- Electronics
Top imports from Eswatini
- Machinery
- Aircraft parts
- Crude oil and LNG
Trade corridor with India
2025: $9.6B ยท 5-yr CAGR 12.7%
Goods trade in USD billion, illustrative demo figures.
Latest Eswatini stories
Trade4h ago4 min read
India-Eswatini bilateral trade hits a new quarterly high
FDI7h ago5 min read
Eswatini investors commit fresh capital to Indian manufacturing
Policy10h ago6 min read
Revised tariff schedule for India-Eswatini goods notified
Technology13h ago7 min read
India and Eswatini deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 3% to 1% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 8 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Eswatini Business Forum
Feb 2027 ยท New Delhi
Delegation
Trade delegation to Eswatini
Apr 2027 ยท Eswatini
Buyer meet
Eswatini buyers-sellers meet
Nov 2026 ยท Mumbai
Policy
Joint working group on market access
Jan 2027 ยท Virtual
Opportunity sectors
๐ณS27FinTech & Digital Payments9% projected demand growth๐S32Global Trade8% projected demand growth๐S37Logistics & Supply Chain8% projected demand growthโ๏ธS42New and Renewable Energy19% projected demand growth๐S47Power24% projected demand growthโS52Shipbuilding27% projected demand growth