{"id":48965,"date":"2024-05-06T16:15:27","date_gmt":"2024-05-06T16:15:27","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk"},"modified":"2024-05-06T16:56:30","modified_gmt":"2024-05-06T16:56:30","slug":"clothing-remains-leading-export-to-uk","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk","title":{"rendered":"CLOTHING REMAINS LEADING EXPORT TO UK"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>Despite a general decline in trade, clothing remains Eswatini’s leading export to the United Kingdom (UK), valued at approximately E24.7 million (\u00a31.3 million) in the four quarters ending December 2023.<\/b><\/p>\n

According to the most recent UK trade and investment factsheet which provides the latest trade and investment statistics between the UK and Eswatini, total trade between Eswatini and the UK has shrunk considerably.<\/p>\n

In the four quarters ending December 2023, it reached E185 million (\u00a38 million), a staggering 68 per cent decrease compared to the same period in 2022.<\/p>\n

Both exports and imports have dipped, with UK exports to Eswatini falling by 88.9 per cent and UK imports from Eswatini dropping by 56.3 per cent.<\/p>\n

Despite the overall decline, Eswatini’s clothing exports remain a positive contributor.<\/p>\n

Clothing is the top exported good to the UK, valued at approximately E24.7 million (\u00a31.3 million) during the period mentioned.<\/p>\n

Limited details are available regarding the specific types of clothing exported from Eswatini. However, this data indicates that Eswatini has a competitive advantage in supplying certain garments to the UK market.<\/p>\n

Hot on the heels of clothing are vegetables and fruits valued at E22.7 million (\u00a3980 000), miscellaneous metal manufactures at E7.6 million (\u00a3330 000 sugar E4.4 million (\u00a3190 000) and finally medicinal and pharmaceutical products at E2.7 million (\u00a3120 000).<\/p>\n

\u201cTrade has been affected by the COVID-19 pandemic and the associated lockdown measures globally,\u201d reads the report.<\/p>\n

In the four quarters to the end of the fourth 2023, total UK exports to Eswatini amounted to E23.3 million (\u00a31 million)<\/p>\n

Total UK imports from Eswatini amounted to E162.5 million (\u00a37 million) in the four quarters to the end of the fourth quarter of 2023.<\/p>\n

Eswatini was reported as the UK\u2019s 210th largest trading partner in the four quarters to the end of the fourth quarter of 2023 accounting for less than 0.1 per cent of total UK trade.<\/p>\n

\u201cOf all UK exports to Eswatini in the four quarters to the end of Q4 2023, \u00a31 million (almost 100 per cent) were goods and less than E 23.3 million (\u00a31 million) (less than 0.1 per cent) were services,\u201d reads the report.<\/p>\n

investment<\/p>\n

The outward stock of foreign direct investment (FDI) from the UK in Eswatini were not available due to data disclosure.<\/p>\n

Total trade in goods and services (exports plus imports) between the UK and Eswatini was \u00a38 million in the four quarters to the end of the fourth quarter of 2023.<\/p>\n

UK reported a total trade deficit of E139.3 million (\u00a36 million) with Eswatini, compared to a trade deficit of E162.5 million (\u00a37 million) in the four quarters to the end of Q4 2022.<\/p>\n

balance<\/p>\n

In the four quarters to the end of Q4 2023, the UK had a trade in goods balance of less than E23.3 million (\u00a31 million) with Eswatini, compared to a trade in goods deficit of E301.9 million (\u00a313 million) in the four quarters to the end of Q4 2022.<\/p>\n

Meanwhile, in the four quarters to the end of Q4 2023 the UK reported a trade in services deficit of \u00a36 million with Eswatini, compared to a trade in services surplus of E139.3 million (\u00a36 million) in the four quarters to the end of Q4 2022.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. Despite a general decline in trade, clothing remains Eswatini’s leading export to the United Kingdom (UK), valued at approximately E24.7 million (\u00a31.3 million) in the four quarters ending December 2023. According to the most recent UK trade and investment factsheet which provides the latest trade and investment statistics between the UK and […]<\/p>\n","protected":false},"author":84,"featured_media":48964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,248,249],"class_list":["post-48965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nCLOTHING REMAINS LEADING EXPORT TO UK - Eswatini<\/title>\n<meta name=\"description\" content=\"Despite a general decline in trade, clothing remains Eswatini's leading export to the United Kingdom (UK), valued at ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CLOTHING REMAINS LEADING EXPORT TO UK\" \/>\n<meta property=\"og:description\" content=\"Despite a general decline in trade, clothing remains Eswatini's leading export to the United Kingdom (UK), valued at ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-06T16:15:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-06T16:56:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/05\/sm_1715001761.727661.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CLOTHING REMAINS LEADING EXPORT TO UK\",\"datePublished\":\"2024-05-06T16:15:27+00:00\",\"dateModified\":\"2024-05-06T16:56:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk\"},\"wordCount\":515,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2024\/05\/sm_1715001761.727661.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/clothing-remains-leading-export-to-uk\",\"name\":\"CLOTHING REMAINS LEADING EXPORT TO UK - 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