AGOA Status: Eswatini is eligible for AGOA this year.
Trade Agreements: The U.S. and the Southern Africa Customs Union (SACU), which includes Eswatini (formerly Swaziland), signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008. The TIDCA establishes a forum for consultative discussions, cooperative work, and possible agreements on a wide range of trade issues, with a special focus on customs and trade facilitation, technical barriers to trade, sanitary and phytosanitary (SPS) measures, and trade and investment promotion.
Eswatini is also a member of the Common Market for Eastern and Southern Africa (COMESA), which signed a Trade and Investment Framework Agreement (TIFA) with the U.S. in 2001.
Eswatini Trade & Investment Summary
U.S. goods exports to Eswatini in 2022 were $73 million, up 98.7 percent ($36 million) from 2021 and up 80 percent from 2012. U.S. goods imports from Eswatini totaled $22 million in 2022, down 4.5 percent ($1 million) from 2021, and down 66 percent from 2012. The U.S. goods trade surplus with Eswatini was $50 million in 2022, a 284.9 percent increase ($37 million) over 2021.
U.S. foreign direct investment (FDI) in Eswatini (stock) was $63 million in 2022, a 96.9 percent increase from 2021.
