## Kingdom of Swaziland: Selected Issues

_IMF Staff Country Reports, December 23, 2015_

## Source details

**Canonical URL:** [Kingdom of Swaziland: Selected Issues](https://www.imf.org/en/publications/cr/issues/2016/12/31/kingdom-of-swaziland-selected-issues-43487)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/kingdom-of-swaziland-selected-issues-43487/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/kingdom-of-swaziland-selected-issues-43487/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/kingdom-of-swaziland-selected-issues-43487/bundle-manifest.json)

## Bibliographic details
- Published: December 23, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513518879.002

---

### Assessment of export diversification and quality
- The Selected Issues paper assesses Swaziland’s export diversification and quality.
- Swaziland’s export structure has experienced sizable changes over the past 15 years.
- The share of textile exports has halved.
- The expiration of trade benefits under Africa Growth Opportunity Act (AGOA) implies that the share of textile exports would decline further.
- Swaziland’s exports are relatively diversified with good quality index compared with its peers.
- Diversification and product quality have declined in recent years.
- The expiration of the access to AGOA calls for enhanced efforts in export diversification and quality upgrading.

### Key findings and implications
- Export structure shifts over the past 15 years have reduced the share of textiles (share has halved).
- Loss of AGOA preferential access is expected to exert downward pressure on textile exports.
- Despite relative diversification and a good quality index versus peers, recent trends show declining diversification and product quality.

### Policy recommendations
- Improve education and training to support export diversification and quality upgrading.
- Strengthen the institutional framework to facilitate higher-quality export development.
- Further develop the financial market to support firms seeking to diversify exports and upgrade product quality.

### Subject and keywords (as listed)
- Subject: Banking, Capital adequacy requirements, Commercial banks, Credit, Financial institutions, Financial regulation and supervision, Money, National accounts, Nonperforming loans, Return on investment
- Keywords: Capital adequacy requirements, Commercial banks, CR, Credit, export, export destination, export product, export quality, ISCR, Nonperforming loans, product, quality index, Return on investment, SACU revenue shock, Southern Africa, Sub-Saharan Africa, textile export

---

## Content in this bundle

- **Kingdom of Swaziland: Selected Issues; IMF Country Report No. 15/354, November 24, 2015**
  - [Kingdom of Swaziland: Selected Issues; IMF Country Report No. 15/354, November 24, 2015 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr15354.pdf.md){rel="alternate" type="text/markdown"}
  - [Kingdom of Swaziland: Selected Issues; IMF Country Report No. 15/354, November 24, 2015 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr15354.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/kingdom-of-swaziland-selected-issues-43487_