Home Business Eswatini aims to increase exports to EU by 5%
Business

Eswatini aims to increase exports to EU by 5%

Share
Acting Principal Secretary in the Ministry of Commerce, Industry and Trade Cebile Nhlabatsi (L) and EU Ambassador to Eswatini Karsten Mecklenburg. (File pic)
Share

MBABANE – Eswatini aims to increase exports to the EU by at least 5 per cent annually, diversify its export basket and penetrate at least 10 new international markets by 2030.

The country has received a major boost in its export and trade ambitions after the EU and the International Trade Centre ITC extended support for EU-SADC EPA implementation through 2030.

The renewed support follows the successful development of the European Union–Southern African Development Community Economic Partnership Agreement (EU-SADC EPA).

EU-SADC EPA Implementation Strategy and Action Plan 2025–2030 was crafted through a consultative process involving government, the private sector, development partners and other stakeholders.

This new blueprint is expected to guide Eswatini’s international trade integration and export expansion over the next five years.

The new implementation strategy builds on the gains and lessons learnt from the 2019–2023 programme, which strengthened Eswatini’s initial transition into the EPA framework. Under the revised plan, priority is placed on:

Strengthening policy and regulatory frameworks

  • Enhancing export development and business support services
  • Improving standards, certification and quality compliance
  • Investing in market intelligence, research and export readiness
  • Expanding private sector competitiveness, especially among MSMEs
  • Through these targeted interventions, Eswatini will be able to reach its targets of increasing exports to the EU by at least 5 per cent annually.

The EU-SADC EPA is a comprehensive trade partnership that grants Eswatini duty-free, quota-free access to the European Union – one of the largest and most lucrative consumer markets globally.

The agreement also supports regional integration within SADC, encourages value addition and promotes sustainable economic development.

Since Eswatini became a signatory to the EPA, several local industries – including sugar, textiles, processed foods, honey and essential oils – have benefitted from predictable market access and improved export conditions.

The agreement also facilitates cooperation on customs, trade facilitation and technical standards.

The renewed EU-ITC support is expected to deepen these gains, particularly by improving the country’s ability to comply with strict EU quality and safety standards, a critical requirement for sustained access to the European market.

The European Union Ambassador to Eswatini, Karsten Mecklenburg, reaffirmed the EU’s commitment to supporting Eswatini’s export growth and economic diversification.

“The EU-SADC EPA is not just a trade agreement, but a platform for growth, investment, and sustainable development,” he said. “This updated strategy offers Eswatini a clear roadmap to increase exports to the EU, diversify products and ensure that MSMEs benefit fully from regional and global value chains.

*…

…call to action for private sector

MBABANE – Under Secretary in the Ministry of Commerce, Industry and Trade, Cebile Nhlabatsi, described the 2025–2030 strategy as ‘a call to action’ for both public and private sector actors.

“It aligns with our policies, it will help strengthen institutions and build the capacity of our private sector so that Eswatini can fully utilise the opportunities of the EPA,” she said. “With a focus on MSMEs, standards compliance, and export readiness, we are confident this plan will contribute to job creation, economic diversification and sustainable growth.”

Nhlabatsi emphasised that compliance with quality standards, investment in export development, and collaboration between government and the private sector will be essential for leveraging the full benefits of the EPA.

Support sustainable development and inclusive economic growth.

*Full article available in our publication

Share
Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

‘Cat’ Matlala ID saga: Home Affairs official dismissed

MBABANE – Nonhlanhla Malambe, the Home Affairs official found guilty over the issuance of Eswatini national documents to Vusimuzi ‘Cat’ Matlala, has been...

 MaMkhize absent as Eswatini team suffer 2nd  defeat

NHLANGANO – Mbabane Highlanders AM suffered another painful defeat without President Shauwn ‘MaMkhize’ Mkhize in the stands, as Nsingizini Hotspurs edged them 1-0...

Ex-magistrate, another allegedly disobey court orders

MBABANE – Jail time has been sought for former Magistrate Dumisani Magagula and an individual with whom he is alleged to have disobeyed...

10-litre container of drugs allegedly found with clinic guard

VUVULANE – Community members reportedly recovered a 10-litre container of medication from a security guard at Vuvulane Rural Clinic, raising concerns of theft....

Indlovukazi arrives in UAE for official visit

Her Majesty Indlovukazi has arrived safely in the United Arab Emirates (UAE) where she is on an official visit. Her Majesty arrived around...

Related Articles

Oracle Insurance revenue jumps to E202.6m

MBABANE - Oracle Insurance and Oracle Life have reported a significant improvement...

Notsa Eswatini crowned 2026 Entrepreneur of the Year

MBABANE - Notsa Eswatini, the youth-owned textile manufacturer founded by Wandile Dlamini,...

OK Foods boss opens doors for young entrepreneurs

NGWANE PARK - A local businessman is turning his success into an...

Lower rates may not translate into cheaper loans – IMF

MBABANE – Eswatini’s efforts to stimulate economic activity through lower interest rates...