EZULWINI – Eswatini’s exports to the United Kingdom surpassed US$153 million in 2024, making the UK the Kingdom’s second-largest export destination after South Africa. The growth comes as government and industry intensify efforts to deepen bilateral trade and unlock new market opportunities.
The announcement came during the Eswatini–UK Business Forum, hosted by the British High Commission in Eswatini, which brought together policymakers, business leaders, and industry stakeholders from both countries to explore practical ways for local enterprises to benefit from strengthened trade and investment ties.
Sibani Mngomezulu, Chief Executive Officer of the Eswatini Investment Promotion Authority (EIPA), said the forum builds on existing agreements that continue to open doors for Eswatini exporters.
“The UK has consistently been one of our cornerstone trade partners, and in 2024 our exports reached over US$153 million,” Mngomezulu said. “These figures give us great confidence that there is strong potential to further grow our export volumes across multiple sectors.”
Discussions focused on the SACU plus Mozambique–UK Economic Partnership Agreement, which grants Eswatini products extended and preferential access to the UK market. Participants explored ways for businesses to leverage the agreement to scale exports, improve competitiveness, and establish a stronger footprint in the UK.
While current exports are dominated by sugar, citrus, canned fruits, textiles, ethanol, and handcrafts, Mngomezulu stressed the need for diversification.
“Our market analysis shows strong demand in the UK for African products such as tea, cut flowers, coffee, macadamia nuts, honey, and avocados,” he said. He added that Eswatini is already preparing for this expansion, with active coffee producers and plans for a macadamia processing facility supported by EIPA.
Beyond exports, Eswatini is positioning itself as an attractive investment destination for UK companies seeking access to regional and continental markets. Opportunities under the African Continental Free Trade Area, along with bankable projects in renewable energy and other sectors, present potential for long-term investment.
Stakeholders expressed optimism that upcoming platforms, including the Eswatini Investment Conference and the Eswatini International Trade Fair, will translate forum engagements into concrete partnerships, new investments, and expanded trade flows between Eswatini and the United Kingdom.
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