E10 BILLION EXPORTS SHOWCASE STRENGTH OF ESWATINI INDUSTRIES – GOVT

News

BY MBONGENI NDLELA

MBABANE– Eswatini’s export sector continued to demonstrate resilience and competitiveness during the first quarter of 2026, with exports valued at approximately E10 billion helping to sustain economic growth and strengthen the country’s position in regional and international markets.

The latest Quarterly Economic Bulletin issued by the Ministry of Economic Planning and Development highlights the important role played by exports in supporting industrial production, foreign exchange earnings and employment creation.

According to the report, the country’s export sector remained active despite a challenging global environment characterised by geopolitical tensions and slower growth forecasts in some major economies.

Manufacturing industries continued to serve as key contributors to export earnings, particularly sugar, beverages, textiles and other value-added products.

The report notes that demand for some of Eswatini’s major exports remained relatively stable during the review period, helping businesses maintain production levels and market presence.

“External trade continued to play a significant role in supporting economic activity despite prevailing global uncertainties,” the bulletin indicates.

Economic experts say the performance highlights the resilience of local industries and their ability to compete internationally.

“Export earnings are important because they bring foreign currency into the economy, support employment and help local industries expand production,” said an economic analyst.

The mining sector also contributed positively to export performance, particularly through coal exports, which benefited from continued demand in regional markets.

Growth in mining activities supported broader economic expansion and reinforced the importance of natural resources in the country’s development strategy.

Government has continued promoting industrialisation and export diversification as part of efforts to strengthen economic resilience and reduce vulnerability to external shocks.

Investments in infrastructure, logistics and business development are expected to further enhance the competitiveness of local producers.

The report highlights that export performance remains closely linked to developments in manufacturing, agriculture and mining, sectors that continue to create jobs and stimulate economic activity across the country.

Business leaders have welcomed the positive export trends, saying they demonstrate confidence in Eswatini-made products.

“The ability of local companies to maintain export activity under difficult global conditions speaks to the quality and competitiveness of products produced in Eswatini,” a business representative said.

As global markets gradually stabilise and new trade opportunities emerge, prospects for export growth remain positive.

The continued strength of exports is expected to support economic growth, investment attraction and employment creation while helping the country achieve its broader development objectives.

With industries continuing to adapt and innovate, Eswatini’s export sector remains an important pillar of the economy and a source of optimism for future growth.