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Swaziland, officially the Kingdom of Eswatini, is a small, landlocked country in Southern Africa with a population of approximately 1.2 million people. The country's economy is characterized by its reliance on agriculture, particularly sugarcane production, and its close ties to South Africa, from which it receives most of its imports and to which it sends a significant portion of its exports. In 2021, Eswatini's real GDP growth reached 7.9%, driven by strong performances in the services and manufacturing sectors. The country's GDP was estimated at $474.33 million, with a GDP per capita of $3,978.40. Global trade plays a crucial role in Eswatini's economy, with exports accounting for a substantial portion of its GDP. In 2021, Eswatini's total exports were valued at $1.2 billion, while its total imports amounted to $1.5 billion. The country's main trading partners are South Africa, Mozambique, and China. Government procurement is another significant aspect of Eswatini's economy. In 2021, the government's procurement expenditure reached $230 million, representing approximately 4.9% of GDP. The government procures a wide range of goods and services, including construction materials, pharmaceuticals, and IT equipment.
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